$1.93B
Revenue
$2.28B
Net Income
49.49%
Gross Margin
2.46%
Op. Margin
$-87.70M
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 | $-2.20B | $1.63B | $1.39B | $1.11B | $1.17B | $1.08B | $1.39B | $1.17B | $269.80M | $1.60B | $1.92B | $2.00B | $2.32B | $2.38B |
| Revenue Growth % (YoY) | -288.0% | 50.6% | 0.1% | -4.8% | 333.3% | -32.3% | -27.7% | -41.6% | -88.4% | -32.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $-1.43B | $961.90M | $796.40M | $643.60M | $719.00M | $647.10M | $839.30M | $766.20M | $-23.40M | $1.05B | $1.30B | $1.31B | $1.57B | $1.65B |
| Gross Profit | $-772.20M | $667.80M | $591.70M | $468.60M | $450.10M | $435.10M | $547.60M | $402.20M | $293.20M | $546.20M | $617.20M | $691.70M | $748.30M | $736.30M |
| Gross Margin % | 35.1% | 41.0% | 42.6% | 42.1% | 38.5% | 40.2% | 39.5% | 34.4% | 108.7% | 34.1% | 32.2% | 34.6% | 32.3% | 30.9% |
| Operating Expenses | $-141.00M | $375.50M | $366.00M | $343.30M | $332.20M | $337.30M | $363.20M | $408.90M | $-195.00M | $1.37B | $545.00M | $539.20M | $1.71B | $580.70M |
| Research & Development | $13.40M | $95.30M | $90.90M | $83.90M | $81.00M | $78.00M | $91.60M | $104.40M | $27.60M | $125.50M | $153.20M | $153.40M | $159.40M | $161.90M |
| Selling General & Admin | $-139.20M | $226.80M | $215.60M | $194.20M | $190.00M | $203.40M | $210.30M | $199.70M | $125.20M | $229.70M | $254.90M | $263.50M | $290.10M | $281.70M |
| Operating Income | $-623.30M | $300.90M | $236.00M | $134.00M | $120.00M | $102.20M | $192.80M | $2.90M | $488.20M | $-825.80M | $72.20M | $152.50M | $-959.30M | $155.60M |
| Operating Margin % | 28.4% | 18.5% | 17.0% | 12.0% | 10.3% | 9.4% | 13.9% | 0.2% | 180.9% | -51.6% | 3.8% | 7.6% | -41.4% | 6.5% |
| Interest Expense | $156.00M | $154.60M | $156.10M | $173.70M | $183.70M | $168.00M | $167.50M | $167.70M | $170.90M | $171.30M | $168.50M | $165.10M | $161.40M | $150.90M |
| Interest Income | $5.30M | $3.90M | $3.10M | $4.40M | $2.60M | $2.60M | $2.10M | $3.60M | $3.30M | $3.40M | $1.90M | $2.50M | $1.00M | $600.00K |
| Other Income/Expense | $12.60M | $-700.00K | $-12.20M | $-9.10M | $8.50M | $-6.80M | $3.70M | $-1.10M | $45.20M | $6.40M | $2.40M | $5.70M | $-6.50M | $5.40M |
| Income Before Tax | $-121.00M | $149.50M | $70.80M | $-44.40M | $-52.60M | $-70.00M | $31.10M | $-162.30M | $365.80M | $-987.30M | $-92.00M | $-4.40M | $-1.13B | $10.70M |
| Income Tax Expense | $-19.30M | $42.60M | $41.40M | $-334.10M | $10.50M | $26.70M | $-43.70M | $99.80M | $291.40M | $-158.60M | $8.40M | $-7.80M | $-17.30M | $-12.20M |
| Net Income | $1.36B | $108.40M | $31.80M | $784.00M | $32.30M | $-33.00M | $44.40M | $-359.20M | $-525.20M | $-828.70M | $-100.40M | $3.40M | $-1.11B | $22.90M |
| Net Margin % | -61.8% | 6.7% | 2.3% | 70.5% | 2.8% | -3.0% | 3.2% | -30.7% | -194.7% | -51.8% | -5.2% | 0.2% | -47.8% | 1.0% |
| Basic EPS | 6.10 | 0.41 | 0.07 | 3.55 | 0.07 | -0.23 | 0.13 | -1.77 | -2.55 | -3.98 | -0.55 | -0.06 | -5.42 | 0.04 |
| Diluted EPS | 6.26 | 0.39 | 0.06 | 2.88 | 0.07 | -0.23 | 0.13 | -1.77 | -2.55 | -3.98 | -0.55 | -0.06 | -5.42 | 0.04 |
| Basic Shares Outstanding | - | 221.5M | 218.1M | 216.3M | 500K | 215.9M | 213.5M | 212.3M | 210.9M | 212 | 210 | 209 | 207.4M | 208 |
| Diluted Shares Outstanding | - | 277.7M | 227.3M | 271.9M | 500K | 215.9M | 215.5M | 212.3M | 210.9M | 212 | 210 | 209 | 207.4M | 211 |
| 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 | $754.40M | $705.30M | $571.10M | $493.30M | $564.90M | $392.10M | $345.90M | $357.20M | $543.80M | $518.90M | $418.10M | $327.30M | $398.10M | $145.50M |
| Accounts Receivable | $350.40M | $1.04B | $935.10M | $844.30M | $685.90M | $664.80M | $999.80M | $836.90M | $815.20M | $1.14B | $1.35B | $1.35B | $1.52B | $1.68B |
| Inventory | $310.40M | $798.40M | $822.80M | $765.70M | $736.80M | $843.50M | $1.04B | $1.04B | $1.08B | $1.36B | $1.45B | $1.62B | $1.59B | $1.54B |
| Other Current Assets | $56.50M | $257.20M | $192.30M | $185.90M | $139.40M | $178.00M | $177.30M | $169.20M | $145.40M | $186.70M | $198.50M | $207.80M | $216.40M | $252.10M |
| Total Current Assets | $5.80B | $2.80B | $2.52B | $2.30B | $3.48B | $3.42B | $2.57B | $2.41B | $2.86B | $3.21B | $3.42B | $3.51B | $3.73B | $3.62B |
| Property Plant & Equipment | $58.60M | $335.60M | $337.70M | $341.50M | $342.20M | $365.00M | $436.60M | $455.80M | $500.60M | $539.10M | $565.80M | $580.20M | $609.60M | $611.80M |
| Goodwill | $764.60M | $2.92B | $2.93B | $2.89B | $2.87B | $2.91B | $3.50B | $3.50B | $3.51B | $3.64B | $4.08B | $4.08B | $4.07B | $5.15B |
| Intangible Assets | $839.10M | - | - | - | $979.30M | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $146.60M | $327.40M | $322.50M | $301.80M | $299.60M | $285.10M | $312.30M | $309.90M | $295.90M | $1.00B | $849.50M | $821.00M | $803.70M | $784.50M |
| Total Assets | $9.37B | $7.94B | $7.74B | $7.51B | $8.75B | $8.81B | $8.82B | $8.65B | $9.37B | $10.07B | $11.17B | $11.34B | $11.69B | $12.76B |
| Accounts Payable | $213.30M | $592.50M | $531.20M | $467.50M | $370.70M | $381.70M | $494.80M | $454.60M | $435.90M | $795.30M | $782.70M | $905.40M | $1.03B | $999.20M |
| Deferred Revenue | $106.50M | - | - | - | $94.70M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $1.50B | $1.24B | $1.16B | $1.05B | $1.23B | $2.45B | $2.47B | $1.05B | $1.41B | $1.55B | $1.72B | $1.80B | $2.11B | $2.02B |
| Long-term Debt | $7.26B | $7.25B | $7.25B | $7.24B | $9.24B | $7.97B | $7.97B | $9.24B | $9.25B | $9.35B | $9.38B | $9.41B | $9.47B | $9.58B |
| Deferred Tax Liabilities | $67.20M | $90.30M | $93.60M | $96.80M | $99.40M | $101.00M | $115.60M | $121.40M | $110.70M | $105.20M | $156.40M | $163.80M | $173.40M | $180.80M |
| Other Non-current Liabilities | $273.50M | $416.10M | $421.20M | $421.00M | $408.80M | $404.40M | $388.60M | $392.20M | $411.90M | $404.40M | $391.90M | $375.40M | $380.60M | $431.60M |
| Total Liabilities | $9.10B | $9.01B | $8.92B | $8.81B | $10.98B | $10.92B | $10.95B | $10.81B | $11.18B | $11.41B | $11.65B | $11.75B | $12.13B | $12.21B |
| Common Stock | $2.40M | $2.40M | $2.40M | $2.20M | $2.30M | $2.30M | $2.30M | $2.30M | $2.30M | $2.30M | $2.30M | $2.20M | $2.20M | $2.20M |
| Retained Earnings | $-3.04B | $-4.40B | $-4.51B | $-4.54B | $-5.32B | $-5.30B | $-5.27B | $-5.31B | $-4.95B | $-4.43B | $-3.60B | $-3.50B | $-3.50B | $-2.39B |
| Treasury Stock | $334.90M | $314.80M | $314.50M | $305.10M | $303.60M | $303.60M | $303.50M | $301.90M | $301.70M | $301.50M | $301.50M | $297.60M | $292.60M | $291.80M |
| Total Stockholders Equity | $-1.00B | $-2.34B | $-2.44B | $-2.55B | $-3.46B | $-3.32B | $-3.32B | $-3.33B | $-2.97B | $-2.49B | $-1.62B | $-1.53B | $-1.55B | $-538.00M |
| Total Liabilities & Equity | $9.37B | $7.94B | $7.74B | $7.51B | $8.75B | $8.81B | $8.82B | $8.65B | $9.37B | $10.07B | $11.17B | $11.34B | $11.69B | $12.76B |
| 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 | $1.36B | $108.40M | $31.80M | $784.00M | $32.30M | $-33.00M | $-314.80M | $-359.20M | $-525.20M | $-925.70M | $-97.00M | $3.40M | $-1.11B | $-178.00M |
| Stock-based Compensation | $15.40M | $27.30M | $16.60M | $7.50M | $8.00M | $21.10M | $12.80M | $11.20M | $11.80M | $11.30M | $10.70M | $13.50M | $15.80M | $45.30M |
| Deferred Income Tax | $-1.38B | $32.70M | $1.30M | $13.30M | $63.10M | $1.90M | $6.80M | $87.40M | $66.60M | $-249.90M | $-61.90M | $-30.00M | $-43.20M | $-75.20M |
| Change in Receivables | $-66.00M | $347.30M | $238.50M | $149.90M | $38.50M | $99.10M | $180.50M | $19.90M | $-86.70M | $-375.00M | $-174.40M | $-175.30M | $-175.00M | $191.00M |
| Change in Inventory | $24.50M | $67.50M | $90.00M | $35.90M | $-94.30M | $-58.20M | $-46.70M | $-31.40M | $-173.30M | $-218.00M | $-135.60M | $31.90M | $25.50M | $153.30M |
| Operating Cash Flow | $281.30M | $41.60M | $-109.80M | $-186.90M | $277.90M | $-4.80M | $-126.90M | $-177.70M | $60.40M | $229.50M | $90.70M | $-46.10M | $386.70M | $-196.70M |
| Capital Expenditure | $25.80M | $44.50M | $28.10M | $15.50M | $7.30M | $18.00M | $11.30M | $6.00M | $9.40M | $43.90M | $20.80M | $14.40M | $22.60M | $23.60M |
| Acquisitions | - | - | - | - | - | $45.10M | $45.10M | - | - | - | - | - | - | - |
| Investing Cash Flow | $-25.80M | $2.01B | $2.02B | $2.02B | $-2.90M | $-54.30M | $-47.60M | $2.60M | $20.00M | $18.30M | $26.90M | $35.90M | $-19.50M | $-62.60M |
| Debt Repayment | - | $2.05B | $2.05B | $2.05B | $4.31B | $24.00M | $16.00M | $8.00M | $8.00M | $24.00M | $16.00M | $8.00M | $113.00M | $252.00M |
| Financing Cash Flow | $-37.70M | $-2.02B | $-2.02B | $-2.01B | $-57.20M | $-25.80M | $-17.80M | $-8.20M | $-58.80M | $-122.90M | $-97.80M | $-61.10M | $-119.40M | $54.40M |
| Net Change in Cash | $217.50M | $42.00M | $-92.20M | $-170.00M | $206.90M | $-87.40M | $-197.90M | $-186.60M | $24.90M | $120.80M | $20.00M | $-70.80M | $252.60M | $-214.80M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.