$2.25B
Revenue
$-1.18B
Net Income
59.84%
Gross Margin
-50.01%
Op. Margin
$-66.40M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.25B | $2.25B | $2.11B | $1.71B | $1.56B | $3.85B |
| Revenue Growth % | 0.0% | 6.7% | 23.5% | 9.2% | -59.4% | nan% |
| Cost of Revenue | $902.79M | $902.79M | $926.87M | $716.42M | $693.72M | $2.24B |
| Gross Profit | $1.35B | $1.35B | $1.18B | $990.78M | $869.38M | $1.61B |
| Gross Margin % | 59.8% | 59.8% | 56.0% | 58.0% | 55.6% | 41.9% |
| Research & Development | $120.33M | $120.33M | $91.30M | $75.33M | $60.83M | $49.09M |
| Selling General & Admin | $1.07B | $1.07B | $1.03B | $830.30M | $772.91M | $1.33B |
| Operating Income | $-1.12B | $-1.12B | $-775.72M | $-65.71M | $-71.18M | $256.64M |
| Operating Margin % | -50.0% | -50.0% | -36.8% | -3.8% | -4.6% | 6.7% |
| Interest Expense | $34.82M | $34.82M | $57.10M | $19.75M | $24.05M | $72.59M |
| Other Income/Expense | $-367.00K | $-367.00K | $9.89M | $25.66M | $2.09M | - |
| Income Before Tax | $-1.16B | $-1.16B | $-822.92M | $-67.13M | $-2.07M | $165.39M |
| Income Tax Expense | $22.29M | $22.29M | $4.49M | $-13.29M | $36.12M | $66.69M |
| Net Income | $-1.18B | $-1.18B | $-825.49M | $-33.26M | $-13.29M | $71.66M |
| Net Margin % | -52.7% | -52.7% | -39.2% | -1.9% | -0.9% | 1.9% |
| Basic EPS | -20.72 | -20.75 | -14.93 | -0.61 | -0.25 | 0.47 |
| Diluted EPS | -20.72 | -20.75 | -14.93 | -0.61 | -0.25 | 0.46 |
| Basic Shares Outstanding | - | 57.1M | 55.3M | 54.5M | - | - |
| Diluted Shares Outstanding | - | 57.1M | 55.3M | 54.5M | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $36.39M | $48.17M | $36.19M | $24.30M | $719.37M |
| Accounts Receivable | $442.79M | $407.03M | $291.48M | $267.38M | $638.70M |
| Inventory | $584.38M | $547.12M | $468.83M | $426.64M | $776.29M |
| Other Current Assets | $101.22M | $107.88M | $71.11M | $48.16M | $90.73M |
| Total Current Assets | $1.21B | $1.15B | $896.52M | $795.02M | $2.30B |
| Property Plant & Equipment | $507.06M | $404.50M | $270.80M | $236.74M | $521.39M |
| Goodwill | $718.30M | $1.69B | $2.06B | $1.98B | $3.47B |
| Intangible Assets | $1.24B | $1.32B | $1.13B | $1.11B | $1.68B |
| Other Non-current Assets | $93.35M | $88.78M | $90.25M | $80.29M | $363.49M |
| Total Assets | $3.83B | $4.72B | $4.51B | $4.27B | $8.52B |
| Accounts Payable | $187.53M | $179.10M | $132.47M | $135.63M | $504.17M |
| Accrued Liabilities | $375.94M | $329.87M | $237.13M | $210.29M | $511.10M |
| Total Current Liabilities | $598.47M | $529.00M | $369.61M | $565.20M | $1.02B |
| Long-term Debt | $1.30B | $1.33B | $466.16M | $40.00M | $2.08B |
| Other Non-current Liabilities | $424.57M | $263.52M | $204.18M | $166.99M | $606.32M |
| Total Liabilities | $2.34B | $2.15B | $1.09B | $823.45M | $3.85B |
| Common Stock | $57.00K | $56.00K | $55.00K | $54.00K | $156.00K |
| Retained Earnings | $-1.47B | $-283.02M | $542.47M | $575.73M | $589.02M |
| Total Stockholders Equity | $1.49B | $2.56B | $3.42B | $3.45B | $4.62B |
| Total Liabilities & Equity | $3.83B | $4.72B | $4.51B | $4.27B | $8.52B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-1.18B | $-1.18B | $-825.49M | $-33.26M | $-13.29M | $71.66M |
| Depreciation & Amortization | $1.56B | $1.34B | $927.83M | $217.11M | $219.71M | $262.92M |
| Stock-based Compensation | $56.40M | $32.92M | $29.66M | $34.06M | $38.95M | $35.35M |
| Deferred Income Tax | $-7.67M | $-2.23M | $-10.02M | $-27.41M | - | - |
| Change in Receivables | $47.55M | $10.75M | $57.05M | $16.32M | $45.19M | $110.98M |
| Change in Inventory | $92.56M | $11.98M | $-39.07M | $24.74M | $118.79M | $129.97M |
| Change in Payables | $26.21M | $-1.14M | $13.98M | $-6.64M | $-11.84M | $178.47M |
| Operating Cash Flow | $261.87M | $217.29M | $113.50M | $134.99M | $-55.86M | $356.10M |
| Capital Expenditure | $328.27M | $197.38M | $180.71M | $122.22M | $105.45M | $104.24M |
| Acquisitions | $70.01M | $26.86M | $769.91M | $152.81M | $73.68M | $223.27M |
| Investing Cash Flow | $-350.21M | $-179.37M | $-955.47M | $-242.47M | $-176.39M | $-320.48M |
| Debt Repayment | - | - | - | - | - | - |
| Stock Issued | - | $1.32M | $1.87M | $1.78M | $5.81M | $745.18M |
| Stock Repurchased | - | $3.50M | $4.77M | - | - | - |
| Financing Cash Flow | $56.21M | $-52.40M | $846.82M | $127.80M | $-465.13M | $584.91M |
| Net Change in Cash | $-25.58M | $-11.78M | $3.33M | $20.54M | $-695.08M | $618.30M |
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 | $548.91M | - | $1.67B | - |
| Cost of Revenue | $220.00M | - | $676.45M | - |
| Gross Profit | $328.91M | - | $995.84M | - |
| Research & Development | $29.74M | - | $88.97M | - |
| Selling General & Admin | $263.62M | - | $799.71M | - |
| Operating Income | $-558.49M | - | $-622.05M | - |
| Interest Expense | $8.83M | - | $27.31M | - |
| Other Income/Expense | $448.00K | - | $-508.00K | - |
| Income Before Tax | $-566.87M | - | $-649.87M | - |
| Income Tax Expense | $4.00M | - | $13.04M | - |
| Net Income | $-571.15M | $-18.51M | $-663.85M | - |
| Basic EPS | -9.99 | - | -11.64 | - |
| Diluted EPS | -9.99 | - | -11.64 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $33.62M | $48.17M |
| Accounts Receivable | $431.77M | $407.03M |
| Inventory | $613.75M | $547.12M |
| Other Current Assets | $109.55M | $107.88M |
| Total Current Assets | $1.28B | $1.15B |
| Property Plant & Equipment | $486.42M | $404.50M |
| Goodwill | $1.22B | $1.69B |
| Intangible Assets | $1.28B | $1.32B |
| Other Non-current Assets | $94.56M | $88.78M |
| Total Assets | $4.43B | $4.72B |
| Accounts Payable | $198.78M | $179.10M |
| Accrued Liabilities | $355.24M | $329.87M |
| Total Current Liabilities | $575.44M | $529.00M |
| Long-term Debt | $1.34B | $1.31B |
| Other Non-current Liabilities | $437.01M | $263.52M |
| Total Liabilities | $2.41B | $2.15B |
| Common Stock | $57.00K | $56.00K |
| Retained Earnings | $-946.87M | $-283.02M |
| Total Stockholders Equity | $2.02B | $2.56B |
| Total Liabilities & Equity | $4.43B | $4.72B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-571.15M | $-18.51M | $-663.85M | - |
| Depreciation & Amortization | - | - | $217.37M | - |
| Stock-based Compensation | - | - | $24.81M | - |
| Deferred Income Tax | - | - | $-565.00K | - |
| Change in Receivables | - | - | $17.00K | - |
| Change in Inventory | - | - | $33.15M | - |
| Change in Payables | - | - | $10.35M | - |
| Operating Cash Flow | - | - | $128.75M | - |
| Capital Expenditure | - | - | $141.12M | - |
| Acquisitions | - | - | $26.86M | - |
| Investing Cash Flow | - | - | $-166.38M | - |
| Financing Cash Flow | - | - | $20.52M | - |
| Net Change in Cash | - | - | $-14.55M | - |
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.