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$9.50B
Revenue
$-3.69B
Net Income
34.38%
Gross Margin
-36.52%
Op. Margin
$-63.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2009 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $9.50B $10.04B $10.91B $12.11B $14.04B $14.18B $13.46B $14.07B $10.40B $10.65B $9.99B $10.50B $11.25B $10.05B $9.62B $10.98B $10.16B
Revenue Growth % -5.4% -8.0% -9.8% -13.8% -0.9% 5.3% -4.3% 35.2% -2.3% 6.6% -4.9% -6.7% 11.9% 4.6% -12.4% 8.1% nan%
Cost of Revenue $6.23B $6.52B $7.23B $8.42B $9.23B $9.29B $8.90B $9.21B $6.79B $6.91B $6.39B $6.68B $6.60B $6.40B $6.11B $5.71B $5.33B
+ Gross Profit $3.27B - - - - - - - - - - - - $3.66B $3.50B $3.23B $2.97B
Gross Margin % 34.4% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% 36.4% 36.4% 29.4% 29.3%
Operating Expenses $12.97B $10.85B $10.32B $14.15B $12.96B $12.61B $13.27B $12.75B $9.36B $9.68B $8.87B $9.31B $10.13B $2.55B $2.37B $9.68B $9.11B
Selling General & Admin $1.71B $1.71B $1.87B $1.95B $1.93B $1.89B $1.76B $1.90B $1.15B $1.19B $1.08B $1.07B $1.52B $1.01B $862.00M $1.27B $1.18B
+ Operating Income $-3.47B $-809.00M $590.00M $-2.04B $1.09B $1.57B $184.00M $1.32B $1.04B $968.00M $1.12B $1.19B $1.12B $1.11B $1.13B $1.30B $1.05B
Operating Margin % -36.5% -8.1% 5.4% -16.9% 7.7% 11.1% 1.4% 9.4% 10.0% 9.1% 11.2% 11.3% 10.0% 11.0% 11.8% 11.9% 10.3%
Interest Expense $478.00M $468.00M $451.00M $456.00M $468.00M $408.00M $374.00M $381.00M $355.00M $363.00M $360.00M $387.00M $373.00M $432.00M $427.00M $647.00M $628.00M
Other Income/Expense $-72.00M $-482.00M $11.00M $70.00M $-6.00M $-32.00M $6.00M $-7.00M $7.00M $131.00M $19.00M $-21.00M $-46.00M $44.00M $9.00M $-2.00M $23.00M
Income Before Tax $-3.94B $-1.29B $66.00M $-2.31B $638.00M $1.05B $-622.00M $883.00M $1.52B $1.85B $1.25B $836.00M $737.00M $883.00M $939.00M $1.56B $621.00M
Income Tax Expense $-291.00M $-41.00M $160.00M $224.00M $217.00M $-211.00M $-217.00M $60.00M $-964.00M $598.00M $342.00M $258.00M $130.00M $394.00M $352.00M $-379.00M $-16.00M
+ Net Income $-3.69B $-1.29B $-145.00M $-2.59B $340.00M $1.20B $-456.00M $916.00M $2.44B $1.24B $869.00M $537.00M $501.00M $1.53B $912.00M $1.89B $6.46B
Net Margin % -38.8% -12.9% -1.3% -21.4% 2.4% 8.5% -3.4% 6.5% 23.5% 11.6% 8.7% 5.1% 4.5% 15.2% 9.5% 17.2% 63.6%
Basic EPS -288.85 -3.26 -0.37 -6.83 0.84 2.89 -1.08 nan nan nan nan nan nan nan nan nan nan
Diluted EPS -288.85 -3.26 -0.37 -6.83 0.82 2.86 -1.08 nan nan nan nan nan nan nan nan nan nan
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $905.00M $1.12B $1.27B $587.00M $806.00M $673.00M $653.00M $903.00M $825.00M $2.45B $2.31B $1.26B $2.66B $847.00M $3.18B $4.83B
Short-term Investments - - - - - - - - - $910.00M $889.00M $543.00M $186.00M - $509.00M $35.00M
Accounts Receivable $1.14B $1.31B $1.39B $1.68B $1.64B $1.85B $1.83B $1.73B $1.31B $1.44B $1.23B $1.27B $1.20B $1.05B $1.14B $1.52B
Inventory $1.06B $1.04B $1.35B $1.62B $1.30B $1.41B $1.47B $1.41B $968.00M $1.00B $1.05B $1.14B $1.11B $1.07B $1.07B $985.00M
Other Current Assets $190.00M $209.00M $210.00M $235.00M $473.00M $636.00M $224.00M $125.00M $68.00M $73.00M $72.00M $218.00M $291.00M $148.00M $245.00M $168.00M
Total Current Assets $3.30B $3.68B $4.28B $4.45B $4.57B $4.58B $4.19B $4.17B $3.17B $5.88B $5.55B $4.43B $5.26B $3.12B $6.55B $8.73B
Property Plant & Equipment - - - - - $1.35B $1.32B $1.34B $1.13B $1.14B $1.09B $1.25B $1.24B $1.13B $1.28B $1.30B
Goodwill $2.22B $3.16B $3.50B $6.34B $6.64B $6.58B $7.02B $7.08B $6.05B $6.11B $5.40B $9.33B $9.56B $5.98B $6.32B $6.22B
Intangible Assets $402.00M $526.00M $612.00M $745.00M $779.00M $955.00M $1.06B $1.25B $1.00B $1.65B $1.19B $2.49B $3.12B $2.21B $2.76B $3.03B
Other Non-current Assets $103.00M $151.00M $310.00M $602.00M $549.00M $603.00M $267.00M $50.00M $32.00M $39.00M $65.00M $98.00M $95.00M $78.00M $1.43B $1.54B
Total Assets $9.24B $11.37B $12.57B $16.25B $17.00B $17.30B $17.84B $24.12B $20.36B $21.18B $18.64B $24.68B $26.25B $17.34B $26.60B $28.63B
Accounts Payable $776.00M $895.00M $976.00M $1.43B $1.30B $1.09B $1.20B $1.15B $790.00M $762.00M $735.00M $591.00M $719.00M $599.00M $651.00M $598.00M
Short-term Debt $867.00M $642.00M $828.00M $1.31B $1.75B $1.56B $1.41B $996.00M $876.00M $1.23B $946.00M $978.00M $1.64B $1.19B $530.00M $1.93B
Accrued Liabilities $953.00M $983.00M $1.13B $1.24B $1.42B $1.17B $1.18B $1.12B $706.00M $784.00M $743.00M $1.07B $918.00M $801.00M $995.00M $1.04B
Deferred Revenue - - - - - - - - - - - - - - $347.00M $137.00M
Other Current Liabilities $128.00M $97.00M $162.00M $244.00M $231.00M $180.00M $155.00M $169.00M $162.00M $328.00M $343.00M $195.00M $302.00M $128.00M $88.00M $360.00M
Total Current Liabilities $2.72B $2.62B $3.10B $4.22B $4.70B $4.00B $3.95B $3.44B $2.53B $3.10B $3.74B $3.76B $4.49B $3.57B $4.74B $6.18B
Long-term Debt $4.10B $4.70B $5.53B $5.67B $5.19B $5.86B $5.96B $7.55B $7.17B $7.48B $7.11B $6.41B $6.25B $4.85B $6.79B $7.84B
Deferred Tax Liabilities $1.31B $1.53B $1.44B $1.35B $1.36B $1.72B $1.93B - - - - - - - - -
Other Non-current Liabilities $120.00M $148.00M $198.00M $707.00M $768.00M $761.00M $258.00M $242.00M $158.00M $222.00M $168.00M $235.00M $260.00M $189.00M $466.00M $1.57B
Total Liabilities $10.13B $10.88B $12.05B $13.22B $13.27B $12.33B $12.10B $14.04B $13.49B $14.30B $12.86B $13.24B $14.20B $10.71B $15.16B $18.39B
Retained Earnings $-1.09B $196.00M $337.00M $2.97B $3.52B $4.89B $5.67B $9.07B $7.03B $6.63B $5.76B $5.68B $5.18B $3.65B $2.74B $850.00M
Total Stockholders Equity $-971.00M $385.00M $412.00M $2.89B $3.60B $4.84B $5.62B $9.98B $6.77B $6.79B $5.67B $6.94B $7.56B $6.49B $11.31B $10.11B
Total Liabilities & Equity $9.24B $11.37B $12.57B $16.25B $17.00B $17.30B $17.84B $24.12B $20.36B $21.18B $18.64B $24.68B $26.25B $17.34B $26.60B $28.63B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $-3.69B $-1.29B $-145.00M $-2.59B $340.00M $1.20B $-456.00M $916.00M $2.44B $1.24B $869.00M $537.00M $501.00M $1.53B $912.00M $1.89B $6.46B
Depreciation & Amortization $505.00M $383.00M $407.00M $481.00M $537.00M $562.00M $606.00M $637.00M $725.00M $874.00M $703.00M $662.00M $943.00M $609.00M $641.00M $661.00M $666.00M
Stock-based Compensation - - - - - - - $88.00M $123.00M $97.00M $127.00M $108.00M $178.00M $91.00M $49.00M $150.00M $128.00M
Deferred Income Tax $-603.00M $-211.00M $80.00M $12.00M $-4.00M $-356.00M $-243.00M $-185.00M $-1.14B $473.00M $51.00M $-41.00M $-136.00M $13.00M $44.00M $-820.00M $-158.00M
Change in Receivables - $-144.00M $-36.00M $-124.00M $-27.00M $-232.00M $18.00M $75.00M - - - - - - - - -
Change in Inventory $105.00M $28.00M $-257.00M $-254.00M $440.00M $-133.00M $-62.00M $106.00M - - - - - - - - -
Change in Payables $-438.00M $-104.00M $-34.00M $-446.00M $147.00M $185.00M $-122.00M $56.00M - - - - - - - - -
Operating Cash Flow $208.00M $525.00M $919.00M $194.00M $1.23B $2.46B $1.28B $1.27B $1.49B - $1.05B $1.64B $1.36B $1.43B $914.00M $1.38B $1.45B
Capital Expenditure $271.00M $199.00M $230.00M $268.00M $244.00M $257.00M $325.00M $275.00M $204.00M $233.00M $258.00M $241.00M $352.00M $339.00M $312.00M $274.00M $264.00M
Acquisitions - - - - - - - - $-22.00M - $844.00M - $58.00M $-28.00M $14.00M $33.00M $4.00M
Purchases of Investments - - $179.00M $7.00M $202.00M $119.00M $141.00M $100.00M $159.00M $86.00M $143.00M $91.00M $384.00M $236.00M $65.00M $406.00M $750.00M
Investing Cash Flow $-524.00M $-225.00M $-54.00M $601.00M $-501.00M $-161.00M $-600.00M $47.00M $-391.00M $-1.49B $-811.00M $-458.00M $-360.00M $153.00M $-437.00M $351.00M $1.65B
Debt Repayment $2.74B $2.45B $2.26B $3.01B $594.00M $2.08B $3.27B $4.39B $2.63B $4.50B $3.81B $3.75B $5.47B $1.51B $899.00M $5.84B $4.68B
Stock Issued - - - - - - - - - - - - - $328.00M - - -
Stock Repurchased - - - - $365.00M $70.00M $392.00M $988.00M $765.00M $799.00M $785.00M $785.00M $1.09B $815.00M $366.00M $754.00M $18.00M
Dividends Paid $3.00M $4.00M $8.00M $12.00M $503.00M $1.25B - - - - - - - - - - -
Financing Cash Flow $1.18B $-498.00M $-1.01B $-72.00M $-914.00M $-2.18B $-661.00M $-1.57B $-1.04B $-1.57B $-89.00M $-66.00M $-2.38B $248.00M $-930.00M $-3.40B $-1.18B
Net Change in Cash $907.00M $-213.00M $-149.00M $689.00M $-218.00M $133.00M $21.00M $-252.00M $76.00M $-1.62B $143.00M $1.40B $-1.40B $1.81B $-506.00M $-1.66B $1.77B
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $2.21B $2.34B $6.55B $7.09B
Cost of Revenue $1.46B $1.52B $4.27B $4.56B
Operating Expenses $2.15B $2.19B $8.75B $6.63B
Selling General & Admin $428.00M $405.00M $1.23B $1.23B
Operating Income $60.00M $152.00M $-2.20B $462.00M
Interest Expense $134.00M $117.00M $363.00M $353.00M
Other Income/Expense $25.00M $1.00M $35.00M $22.00M
Income Before Tax $-56.00M - $-2.57B $78.00M
Income Tax Expense $17.00M $15.00M $-198.00M $53.00M
Net Income $-80.00M $-23.00M $-2.40B $-4.00M
Basic EPS -9.89 -0.06 -297.70 -0.01
Diluted EPS -9.89 -0.06 -297.70 -0.01
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.82B $905.00M
Accounts Receivable $840.00M $1.14B
Inventory $1.19B $1.06B
Other Current Assets $206.00M $190.00M
Total Current Assets $4.05B $3.30B
Goodwill $821.00M $2.22B
Intangible Assets $380.00M $402.00M
Other Non-current Assets $109.00M $103.00M
Total Assets $7.56B $9.24B
Accounts Payable $660.00M $776.00M
Short-term Debt $82.00M $867.00M
Accrued Liabilities $815.00M $953.00M
Other Current Liabilities $68.00M $128.00M
Total Current Liabilities $1.62B $2.72B
Long-term Debt $5.81B $4.10B
Deferred Tax Liabilities $1.14B $1.31B
Other Non-current Liabilities $103.00M $120.00M
Total Liabilities $10.54B $10.13B
Retained Earnings $-3.50B $-1.09B
Total Stockholders Equity $-3.07B $-971.00M
Total Liabilities & Equity $7.56B $9.24B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-80.00M $-23.00M $-2.40B $-4.00M
Depreciation & Amortization $103.00M $95.00M $310.00M $290.00M
Deferred Income Tax - - $-234.00M $-86.00M
Change in Inventory - - $105.00M $249.00M
Change in Payables - - $-135.00M $-59.00M
Operating Cash Flow - - $30.00M $313.00M
Capital Expenditure - - $103.00M $137.00M
Investing Cash Flow - - $-203.00M $-149.00M
Debt Repayment - - $868.00M $2.25B
Dividends Paid - - $1.00M $4.00M
Financing Cash Flow - - $1.09B $-412.00M
Net Change in Cash - - $941.00M $-246.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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