$1.93B
Revenue
$2.28B
Net Income
49.49%
Gross Margin
2.46%
Op. Margin
$-87.70M
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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.93B | $1.93B | $4.21B | $5.79B | $9.23B | $8.59B | $8.44B | $8.35B | $4.57B | $4.56B | $4.92B |
| Revenue Growth % | 0.0% | -54.1% | -27.4% | -37.3% | 7.5% | 1.8% | 1.1% | 82.7% | 0.2% | -7.4% | nan% |
| Cost of Revenue | $975.70M | $975.70M | $2.63B | $3.64B | $6.42B | $5.90B | $5.69B | $5.94B | $2.88B | $2.79B | $2.89B |
| Gross Profit | $955.90M | $955.90M | $1.58B | $2.15B | $2.80B | $2.68B | $2.75B | $2.40B | $1.63B | $1.71B | - |
| Gross Margin % | 49.5% | 49.5% | 37.5% | 37.1% | 30.4% | 31.3% | 32.6% | 28.8% | 35.8% | 37.4% | nan% |
| Operating Expenses | $943.80M | $943.80M | $1.34B | $2.26B | $3.52B | $2.64B | $2.80B | $2.91B | $1.18B | $1.23B | $4.35B |
| Research & Development | $283.50M | $283.50M | $316.20M | $459.70M | $657.40M | $683.20M | $703.30M | $578.50M | $185.70M | $185.22M | $200.72M |
| Selling General & Admin | $497.40M | $497.40M | $755.50M | $873.30M | $1.14B | $1.23B | $1.17B | $1.28B | $729.03M | $794.29M | $879.50M |
| Operating Income | $47.60M | $47.60M | $256.50M | $-112.90M | $-713.80M | $48.60M | $-51.80M | $-508.50M | $449.97M | $477.61M | $574.75M |
| Operating Margin % | 2.5% | 2.5% | 6.1% | -2.0% | -7.7% | 0.6% | -0.6% | -6.1% | 9.8% | 10.5% | 11.7% |
| Interest Expense | $640.40M | $640.40M | $686.90M | $675.80M | $588.90M | $561.20M | $577.80M | $577.20M | $242.02M | $257.06M | $277.53M |
| Interest Income | $16.70M | $16.70M | $10.90M | $11.10M | $2.80M | $1.90M | $4.40M | $18.10M | $7.02M | $4.22M | $5.52M |
| Other Income/Expense | $-9.40M | $-9.40M | $10.20M | $59.70M | $-100.00K | $-23.80M | $-29.30M | $-6.40M | $-44.26M | $-15.04M | $-30.17M |
| Income Before Tax | $54.90M | $54.90M | $-409.30M | $-717.90M | $-1.30B | $-534.50M | $-654.50M | $-1.07B | $170.71M | $209.73M | $272.57M |
| Income Tax Expense | $-269.40M | $-269.40M | $51.70M | $133.40M | $-13.10M | $-71.90M | $-81.10M | $-144.50M | $30.50M | $15.97M | $49.73M |
| Net Income | $2.28B | $2.28B | $-315.50M | $-1.45B | $-1.29B | $-462.60M | $-573.40M | $-929.50M | $140.22M | $193.76M | $222.84M |
| Net Margin % | 118.2% | 118.2% | -7.5% | -25.1% | -13.9% | -5.4% | -6.8% | -11.1% | 3.1% | 4.2% | 4.5% |
| Basic EPS | 10.13 | 10.09 | -1.78 | -7.17 | -6.49 | -2.55 | -3.20 | -5.02 | 0.73 | 1.01 | 1.16 |
| Diluted EPS | 9.59 | 9.63 | -1.78 | -7.17 | -6.49 | -2.55 | -3.20 | -5.02 | 0.72 | 0.98 | 1.13 |
| Basic Shares Outstanding | - | 219.5M | 214.4M | 210.9M | 207.4M | 203.6M | 196.8M | 193.7M | 192.0M | 192.4M | 192.5M |
| Diluted Shares Outstanding | - | 230.0M | 214.4M | 210.9M | 207.4M | 203.6M | 196.8M | 193.7M | 195.3M | 196.8M | 196.5M |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $754.40M | $564.90M | $543.80M | $398.10M | $360.30M | $521.90M | $598.20M | $458.20M | $453.98M | $428.23M |
| Accounts Receivable | $350.40M | $685.90M | $815.20M | $1.52B | $1.53B | $1.49B | $1.70B | $810.36M | $898.83M | $952.37M |
| Inventory | $310.40M | $736.80M | $1.08B | $1.59B | $1.44B | $1.09B | $975.90M | $473.33M | $444.94M | $473.27M |
| Other Current Assets | $56.50M | $139.40M | $145.40M | $216.40M | $251.00M | $256.30M | $238.90M | $135.94M | $146.11M | $139.90M |
| Total Current Assets | $5.80B | $3.48B | $2.86B | $3.73B | $3.58B | $3.35B | $3.51B | $1.88B | $1.94B | $1.99B |
| Property Plant & Equipment | $58.60M | $342.20M | $500.60M | $609.60M | $656.30M | $684.50M | $723.80M | $450.86M | $467.29M | $474.99M |
| Goodwill | $764.60M | $2.87B | $3.51B | $4.07B | $5.23B | $5.29B | $5.47B | $2.85B | $2.89B | $2.77B |
| Intangible Assets | $839.10M | $979.30M | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $146.60M | $299.60M | $295.90M | $803.70M | $764.50M | $600.90M | $460.70M | $97.56M | $107.80M | $105.86M |
| Total Assets | $9.37B | $8.75B | $9.37B | $11.69B | $13.26B | $13.58B | $14.43B | $6.63B | $7.04B | $7.14B |
| Accounts Payable | $213.30M | $370.70M | $435.90M | $1.03B | $1.16B | $1.01B | $1.15B | $399.24M | $436.74M | $415.92M |
| Accrued Liabilities | - | - | - | - | - | - | - | $291.38M | $286.98M | $429.40M |
| Deferred Revenue | $106.50M | $94.70M | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $1.50B | $1.23B | $1.41B | $2.11B | $2.18B | $1.95B | $2.04B | $690.62M | $723.72M | $857.82M |
| Long-term Debt | $7.26B | $9.24B | $9.25B | $9.47B | $9.48B | $9.49B | $9.80B | $3.99B | $4.37B | $4.55B |
| Deferred Tax Liabilities | $67.20M | $99.40M | $110.70M | $173.40M | $208.20M | $206.20M | $215.10M | - | - | - |
| Other Non-current Liabilities | $273.50M | $408.80M | $411.90M | $380.60M | $490.80M | $531.80M | $537.80M | $97.06M | $141.34M | $109.78M |
| Total Liabilities | $9.10B | $10.98B | $11.18B | $12.13B | $12.36B | $12.18B | $12.60B | $4.87B | $5.39B | $5.75B |
| Common Stock | $2.40M | $2.30M | $2.30M | $2.20M | $2.20M | $2.10M | $2.00M | $1.99M | $1.97M | $1.95M |
| Retained Earnings | $-3.04B | $-5.32B | $-4.95B | $-3.50B | $-2.22B | $-1.75B | $-1.18B | $-249.78M | $-396.00M | $-589.56M |
| Treasury Stock | $334.90M | $303.60M | $301.70M | $292.60M | $277.80M | $251.40M | $234.50M | $221.32M | $205.62M | $15.21M |
| Total Stockholders Equity | $-1.00B | $-3.46B | $-2.97B | $-1.55B | $-156.60M | $355.00M | $836.30M | $1.76B | $1.65B | $1.39B |
| Total Liabilities & Equity | $9.37B | $8.75B | $9.37B | $11.69B | $13.26B | $13.58B | $14.43B | $6.63B | $7.04B | $7.14B |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.28B | $2.28B | $-315.50M | $-1.45B | $-1.29B | $-462.60M | $-573.40M | $-929.50M | $140.22M | $193.76M | $222.84M |
| Stock-based Compensation | $66.80M | $42.70M | $29.10M | $47.30M | $61.10M | $79.60M | $115.00M | $90.80M | $44.90M | $41.85M | $35.01M |
| Deferred Income Tax | $-1.34B | $-1.35B | $65.00M | $-183.30M | $-118.40M | $-147.50M | $-154.70M | $-260.80M | $-260.80M | $-71.47M | $-100.88M |
| Change in Receivables | $669.70M | $281.30M | $137.60M | $-461.70M | $16.00M | $59.60M | $-228.40M | $-258.80M | $-65.07M | $-96.75M | $100.87M |
| Change in Inventory | $217.90M | $92.00M | $-152.50M | $-391.30M | $178.80M | $359.80M | $100.50M | $-489.10M | $48.46M | $-53.66M | $32.00M |
| Operating Cash Flow | $26.20M | $322.90M | $273.10M | $289.90M | $190.00M | $122.30M | $436.20M | $596.40M | $494.14M | $586.29M | $640.22M |
| Capital Expenditure | $113.90M | $70.30M | $25.30M | $53.30M | $101.30M | $131.40M | $121.20M | $104.10M | $82.35M | $68.72M | $68.31M |
| Acquisitions | - | - | $45.10M | - | - | - | - | $5.05B | - | $105.20M | - |
| Investing Cash Flow | $6.02B | $1.98B | $-57.20M | $38.30M | $-82.10M | $-136.80M | $-120.20M | $-5.15B | $-64.31M | $-166.21M | $-54.59M |
| Debt Repayment | $6.15B | $2.05B | $4.34B | $32.00M | $365.00M | $1.28B | $1.28B | $3.06B | $550.00M | $990.38M | $718.91M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | $175.00M | - |
| Financing Cash Flow | $-6.08B | $-2.05B | $-83.00M | $-181.70M | $-65.00M | $-139.50M | $-383.80M | $4.70B | $-409.58M | $-413.62M | $-708.37M |
| Net Change in Cash | $-2.70M | $259.50M | $119.50M | $145.70M | $37.80M | $-161.60M | $-76.30M | $140.00M | $4.20M | $25.75M | $-134.66M |
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 | $1.63B | $1.08B | $4.13B | $3.04B |
| Cost of Revenue | $961.90M | $647.10M | $2.40B | $1.91B |
| Gross Profit | $667.80M | $435.10M | $1.73B | $1.13B |
| Operating Expenses | $375.50M | $337.30M | $1.08B | $1.01B |
| Research & Development | $95.30M | $78.00M | $270.10M | $235.20M |
| Selling General & Admin | $226.80M | $203.40M | $636.60M | $565.50M |
| Operating Income | $300.90M | $102.20M | $670.90M | $138.90M |
| Interest Expense | $154.60M | $168.00M | $484.40M | $503.20M |
| Interest Income | $3.90M | $2.60M | $11.40M | $8.30M |
| Other Income/Expense | $-700.00K | $-6.80M | $-22.00M | $1.70M |
| Income Before Tax | $149.50M | $-70.00M | $175.90M | $-354.30M |
| Income Tax Expense | $42.60M | $26.70M | $-250.10M | $41.60M |
| Net Income | $108.40M | $-33.00M | $924.20M | $-322.30M |
| Basic EPS | 0.41 | -0.23 | 3.99 | -1.73 |
| Diluted EPS | 0.39 | -0.23 | 3.37 | -1.73 |
| Basic Shares Outstanding | $221.50M | $215.90M | $218.70M | $213.90M |
| Diluted Shares Outstanding | $277.70M | $215.90M | $274.10M | $213.90M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $705.30M | $564.90M |
| Accounts Receivable | $1.04B | $685.90M |
| Inventory | $798.40M | $736.80M |
| Other Current Assets | $257.20M | $139.40M |
| Total Current Assets | $2.80B | $3.48B |
| Property Plant & Equipment | $335.60M | $342.20M |
| Goodwill | $2.92B | $2.87B |
| Other Non-current Assets | $327.40M | $299.60M |
| Total Assets | $7.94B | $8.75B |
| Accounts Payable | $592.50M | $370.70M |
| Total Current Liabilities | $1.24B | $1.23B |
| Long-term Debt | $7.25B | $9.24B |
| Deferred Tax Liabilities | $90.30M | $99.40M |
| Other Non-current Liabilities | $416.10M | $408.80M |
| Total Liabilities | $9.01B | $10.98B |
| Common Stock | $2.40M | $2.30M |
| Retained Earnings | $-4.40B | $-5.32B |
| Treasury Stock | $314.80M | $303.60M |
| Total Stockholders Equity | $-2.34B | $-3.46B |
| Total Liabilities & Equity | $7.94B | $8.75B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $108.40M | $-33.00M | $924.20M | $-322.30M |
| Stock-based Compensation | - | - | $27.30M | $21.10M |
| Deferred Income Tax | - | - | $32.70M | $1.00M |
| Change in Receivables | - | - | $347.30M | $109.30M |
| Change in Inventory | - | - | $67.50M | $-58.20M |
| Operating Cash Flow | - | - | $41.60M | $-4.80M |
| Capital Expenditure | - | - | $44.50M | $18.00M |
| Acquisitions | - | - | - | $45.10M |
| Investing Cash Flow | - | - | $2.01B | $-54.30M |
| Debt Repayment | - | - | $2.05B | $24.00M |
| Financing Cash Flow | - | - | $-2.02B | $-25.80M |
| Net Change in Cash | - | - | $42.00M | $-87.40M |
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.