$4.85B
Revenue
$-632.40M
Net Income
-
Gross Margin
-0.36%
Op. Margin
$-1.11B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.29B | $1.30B | $1.40B | $862.50M | $1.31B | $1.35B | $1.03B | $951.40M | $1.10B | $1.41B | $1.35B | $954.40M | $990.90M | $968.40M |
| Revenue Growth % (YoY) | -1.4% | -3.6% | 35.6% | -9.3% | 18.3% | -4.1% | -23.5% | -0.3% | 11.5% | 45.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $882.00M | $976.40M | $524.00M | $1.97B | $471.10M | $342.20M | $302.30M | $335.40M | $488.60M | $474.80M | $307.60M | $332.90M | $321.70M |
| Gross Profit | - | $418.20M | $421.50M | $338.50M | $-667.60M | $877.70M | $688.40M | $649.10M | $769.00M | $917.30M | $873.10M | $646.80M | $658.00M | $646.70M |
| Gross Margin % | nan% | 32.2% | 30.2% | 39.2% | -51.1% | 65.1% | 66.8% | 68.2% | 69.6% | 65.2% | 64.8% | 67.8% | 66.4% | 66.8% |
| Operating Expenses | $-3.56B | $1.26B | $1.31B | $1.01B | $-3.41B | $1.28B | $1.08B | $1.06B | $-3.63B | $1.31B | $1.26B | $1.06B | $1.22B | $1.08B |
| Operating Income | $100.00K | $35.80M | $92.60M | $-145.90M | $4.70M | $71.80M | $-47.40M | $-108.40M | $-150.30M | $99.40M | $84.80M | $-108.20M | $-224.40M | $-114.90M |
| Operating Margin % | 0.0% | 2.8% | 6.6% | -16.9% | 0.4% | 5.3% | -4.6% | -11.4% | -13.6% | 7.1% | 6.3% | -11.3% | -22.6% | -11.9% |
| Interest Expense | $121.90M | $119.00M | $109.60M | $109.00M | $112.00M | $109.60M | $89.20M | $91.00M | $93.50M | $93.40M | $92.00M | $90.70M | $89.80M | $85.10M |
| Other Income/Expense | $-8.50M | $-194.80M | $32.10M | $58.80M | $-17.60M | $22.80M | $108.20M | $42.80M | $64.40M | $12.80M | $31.10M | $-39.20M | $38.00M | $1.00M |
| Income Before Tax | $-126.90M | $-297.00M | $-3.50M | $-200.50M | $-134.90M | $-21.80M | $-32.10M | $-161.70M | $-183.20M | $14.60M | $9.00M | $-233.60M | $-287.70M | $-225.10M |
| Income Tax Expense | $500.00K | $1.20M | $1.20M | $1.60M | $700.00K | $-1.10M | $700.00K | $1.80M | $-1.20M | $2.30M | $400.00K | $1.90M | - | $1.80M |
| Net Income | $-127.40M | $-298.20M | $-4.70M | $-202.10M | $-135.60M | $-20.70M | $-32.80M | $-163.50M | $-182.00M | $12.30M | $-226.90M | $-235.50M | $-287.70M | $-226.90M |
| Net Margin % | -9.9% | -22.9% | -0.3% | -23.4% | -10.4% | -1.5% | -3.2% | -17.2% | -16.5% | 0.9% | -16.8% | -24.7% | -29.0% | -23.4% |
| Basic EPS | -0.24 | -0.58 | -0.01 | -0.47 | -0.37 | -0.06 | -0.10 | -0.62 | -0.94 | 0.08 | 0.01 | -0.17 | -0.27 | -0.22 |
| Diluted EPS | -0.24 | -0.58 | -0.01 | -0.47 | -0.37 | -0.06 | -0.10 | -0.62 | -0.94 | 0.08 | 0.01 | -0.17 | -0.27 | -0.22 |
| Basic Shares Outstanding | - | 513.0M | 433.1M | 431.0M | 17.1M | 361.9M | 321.6M | 263.4M | 17.2M | 162.4M | 1.51B | 1.37B | 14.6M | 1.03B |
| Diluted Shares Outstanding | - | 513.0M | 433.1M | 431.0M | 17.1M | 361.9M | 321.6M | 263.4M | 17.2M | 162.6M | 1.51B | 1.37B | 14.6M | 1.03B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $428.50M | $365.80M | $423.70M | $378.70M | $632.30M | $527.40M | $770.30M | $624.20M | $884.30M | $729.70M | $435.30M | $495.60M | $631.50M | $684.60M |
| Accounts Receivable | $156.00M | $102.30M | $123.60M | $92.60M | $168.10M | $108.10M | $156.00M | $140.40M | $203.70M | $134.20M | $137.80M | $105.70M | $166.60M | $108.40M |
| Other Current Assets | $97.20M | $99.80M | $110.10M | $114.30M | $98.30M | $103.90M | $100.90M | $111.90M | $88.00M | $93.80M | $111.70M | $116.10M | $81.10M | $91.00M |
| Total Current Assets | $730.50M | $619.00M | $708.80M | $634.60M | $947.20M | $789.10M | $1.08B | $913.00M | $1.20B | $980.10M | $707.70M | $740.50M | $902.10M | $905.20M |
| Property Plant & Equipment | $1.34B | - | - | - | $1.41B | - | - | - | - | - | - | - | - | - |
| Goodwill | $2.42B | $2.40B | $2.39B | $2.36B | $2.30B | $2.35B | $2.33B | $2.32B | $2.36B | $2.31B | $2.31B | $2.34B | $2.34B | $2.31B |
| Intangible Assets | $147.40M | $147.60M | $148.20M | $145.60M | $144.30M | $147.20M | $145.50M | $145.80M | $146.70M | $145.50M | $147.10M | $147.40M | $147.30M | $144.80M |
| Other Non-current Assets | $212.30M | $212.40M | $212.80M | $199.90M | $192.50M | $199.40M | $197.60M | $194.00M | $195.80M | $195.30M | $198.20M | $206.50M | $222.10M | $224.40M |
| Total Assets | $8.02B | $8.02B | $8.17B | $8.05B | $8.25B | $8.32B | $8.59B | $8.54B | $9.01B | $8.79B | $8.67B | $8.85B | $9.14B | $9.21B |
| Accounts Payable | $382.90M | $279.10M | $305.10M | $232.90M | $378.30M | $247.70M | $301.10M | $250.20M | $320.50M | $236.50M | $285.50M | $257.00M | $330.50M | $230.70M |
| Other Current Liabilities | $79.30M | - | - | - | $71.60M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $1.77B | $1.60B | $1.62B | $1.51B | $1.74B | $1.58B | $1.65B | $1.50B | $1.63B | $1.53B | $1.55B | $1.71B | $1.69B | $1.62B |
| Long-term Debt | $4.02B | $3.99B | $3.99B | $3.98B | $4.01B | $4.05B | $4.21B | $4.52B | $4.55B | $4.75B | $4.80B | $4.86B | $5.12B | $5.20B |
| Deferred Tax Liabilities | $35.70M | $35.50M | $35.10M | $35.00M | $33.90M | $34.00M | $33.00M | $32.80M | $32.40M | $32.80M | $32.50M | $32.70M | $32.10M | $31.50M |
| Other Non-current Liabilities | $95.20M | $79.80M | $81.00M | $83.70M | $81.90M | $91.40M | $99.20M | $101.80M | $102.70M | $99.10M | $101.90M | $104.20M | $105.10M | $125.70M |
| Total Liabilities | $9.91B | $9.80B | $9.90B | $9.79B | $10.01B | $10.01B | $10.29B | $10.57B | $10.86B | $10.93B | $11.25B | $11.44B | $11.76B | $11.79B |
| Common Stock | $5.10M | $5.10M | $4.30M | $4.30M | $4.10M | $3.60M | $3.60M | $2.60M | $2.60M | $2.00M | $5.20M | $5.20M | $5.20M | $5.20M |
| Retained Earnings | $-8.98B | $-8.85B | $-8.55B | $-8.55B | $-8.35B | $-8.21B | $-8.19B | $-8.16B | $-7.99B | $-7.81B | $-7.82B | $-7.83B | $-7.60B | $-7.31B |
| Total Stockholders Equity | $-1.89B | $-1.78B | $-1.73B | $-1.74B | $-1.76B | $-1.69B | $-1.70B | $-2.03B | $-1.85B | $-2.14B | $-2.58B | $-2.59B | $-2.62B | $-2.58B |
| Total Liabilities & Equity | $8.02B | $8.02B | $8.17B | $8.05B | $8.25B | $8.32B | $8.59B | $8.54B | $9.01B | $8.79B | $8.67B | $8.85B | $9.14B | $9.21B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-127.40M | $-298.20M | $-4.70M | $-202.10M | $-135.60M | $-20.70M | $-32.80M | $-163.50M | $-182.00M | $-214.60M | $-226.90M | $-235.50M | $-287.70M | $-685.90M |
| Depreciation & Amortization | $80.10M | $79.40M | $153.90M | $76.10M | $78.30M | $241.20M | $78.80M | $81.60M | $85.90M | $88.70M | $96.80M | $93.60M | $103.00M | $293.00M |
| Stock-based Compensation | $-800.00K | $17.70M | $11.70M | $5.70M | $6.90M | $15.10M | $8.80M | $4.30M | $1.60M | $40.90M | $33.70M | $25.90M | $200.00K | $22.30M |
| Deferred Income Tax | $500.00K | $1.30M | $900.00K | $900.00K | $400.00K | $1.10M | $700.00K | $500.00K | $-100.00K | $800.00K | $400.00K | $600.00K | $600.00K | $1.10M |
| Change in Receivables | $55.60M | $-68.80M | $-49.90M | $-73.90M | $61.20M | $-98.60M | $-41.20M | $-58.80M | $67.90M | $-22.30M | $-33.40M | $-67.00M | $57.10M | $-61.10M |
| Change in Payables | $112.40M | $-119.90M | $-87.50M | $-134.40M | $142.70M | $-82.60M | $-8.60M | $-48.10M | $69.80M | $-70.50M | $-25.50M | $-65.20M | $98.50M | $-138.90M |
| Operating Cash Flow | $126.70M | $-246.50M | $-231.60M | $-370.00M | $203.60M | $-254.40M | $-222.90M | $-188.30M | $-77.80M | $-137.40M | $-203.30M | $-189.90M | $-33.30M | $-223.60M |
| Capital Expenditure | $83.40M | $162.70M | $96.50M | $47.00M | $89.70M | $155.80M | $44.60M | $50.50M | $72.10M | $153.50M | $48.60M | $47.40M | $72.30M | $129.70M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.80M |
| Investing Cash Flow | $-57.70M | $-163.90M | $-95.60M | $-46.90M | $-88.90M | $-154.00M | $-93.50M | $-50.00M | $-63.70M | $-116.40M | $-57.40M | $-16.60M | $-70.30M | $-153.70M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | $700.00K |
| Financing Cash Flow | $-9.10M | $134.30M | $109.10M | $158.00M | $-3.70M | $72.10M | $227.30M | $-9.00M | $294.00M | $355.30M | $62.40M | $68.90M | $44.20M | $500.00K |
| Net Change in Cash | $60.40M | $-263.90M | $-205.70M | $-253.10M | $103.70M | $-334.30M | $-92.80M | $-250.70M | $159.30M | $97.70M | $-196.20M | $-135.70M | $-51.40M | $-282.10M |
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 | $1.30B | - | $3.56B | - |
| Operating Expenses | $1.26B | - | $3.58B | - |
| Operating Income | $35.80M | - | $-17.50M | - |
| Interest Expense | $119.00M | - | $337.60M | - |
| Other Income/Expense | $-194.80M | - | $-103.90M | - |
| Income Before Tax | $-297.00M | - | $-501.00M | - |
| Income Tax Expense | $1.20M | - | $4.00M | - |
| Net Income | $-298.20M | $-32.80M | $-505.00M | - |
| Basic EPS | -0.58 | - | -1.10 | - |
| Diluted EPS | -0.58 | - | -1.10 | - |
| Basic Shares Outstanding | $513.01M | - | $459.38M | - |
| Diluted Shares Outstanding | $513.01M | - | $459.38M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $365.80M | $632.30M |
| Accounts Receivable | $102.30M | $168.10M |
| Other Current Assets | $99.80M | $98.30M |
| Total Current Assets | $619.00M | $947.20M |
| Goodwill | $2.40B | $2.30B |
| Intangible Assets | $147.60M | $144.30M |
| Other Non-current Assets | $212.40M | $192.50M |
| Total Assets | $8.02B | $8.25B |
| Accounts Payable | $279.10M | $378.30M |
| Total Current Liabilities | $1.60B | $1.74B |
| Long-term Debt | $3.99B | $4.01B |
| Deferred Tax Liabilities | $35.50M | $33.90M |
| Other Non-current Liabilities | $79.80M | $81.90M |
| Total Liabilities | $9.80B | $10.01B |
| Common Stock | $5.10M | $4.10M |
| Retained Earnings | $-8.85B | $-8.35B |
| Total Stockholders Equity | $-1.78B | $-1.76B |
| Total Liabilities & Equity | $8.02B | $8.25B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-298.20M | $-32.80M | $-505.00M | - |
| Depreciation & Amortization | $79.40M | - | $233.30M | - |
| Stock-based Compensation | - | - | $17.70M | - |
| Deferred Income Tax | - | - | $1.30M | - |
| Change in Receivables | - | - | $-68.80M | - |
| Change in Payables | - | - | $-119.90M | - |
| Operating Cash Flow | - | - | $-246.50M | - |
| Capital Expenditure | - | - | $162.70M | - |
| Investing Cash Flow | - | - | $-163.90M | - |
| Financing Cash Flow | - | - | $134.30M | - |
| Net Change in Cash | - | - | $-263.90M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.