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$3.13B
Revenue
$-412.10M
Net Income
6.18%
Gross Margin
-4.30%
Op. Margin
$-336.90M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 10 annual reports available (2015 - 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)
+ Total Revenue $3.13B $3.51B $3.68B $4.97B $4.83B $3.04B $3.78B $4.62B $4.45B $3.72B $3.97B
Revenue Growth % -10.8% -4.4% -26.0% 2.9% 59.0% -19.6% -18.3% 3.9% 19.7% -6.4% nan%
Cost of Revenue $2.94B $3.25B $3.53B $4.69B $4.13B $2.72B $3.45B $4.09B $3.79B $3.13B $3.50B
+ Gross Profit $193.80M $265.60M $142.30M $272.30M $698.90M $315.60M $328.90M $528.80M $654.00M $587.63M $469.10M
Gross Margin % 6.2% 7.6% 3.9% 5.5% 14.5% 10.4% 8.7% 11.4% 14.7% 15.8% 11.8%
Selling General & Admin $322.10M $327.00M $310.30M $398.80M $323.40M $252.40M $300.00M $258.50M $239.00M $241.54M $207.96M
+ Operating Income $-134.70M $-46.00M $-455.40M $-363.90M $461.40M $91.10M $147.90M $414.40M $538.70M $490.82M $401.32M
Operating Margin % -4.3% -1.3% -12.4% -7.3% 9.6% 3.0% 3.9% 9.0% 12.1% 13.2% 10.1%
Interest Expense - $199.90M $167.10M $103.40M $62.40M $39.50M $39.70M $50.70M $63.30M $69.36M $121.23M
Other Income/Expense $15.60M $-3.90M $17.20M $7.20M $-9.50M $-1.80M $-4.00M $-3.50M $7.80M $-10.54M $-9.11M
Income Before Tax $-393.30M $-318.00M $-632.90M $-469.60M $350.50M $45.70M $104.60M $364.30M $411.10M $405.31M $203.86M
Income Tax Expense $18.80M $30.50M $68.40M $-41.60M $70.90M $37.80M $12.60M $71.80M $82.80M $87.00M $70.21M
+ Net Income $-412.10M $-348.50M $-701.30M $-430.90M $440.00M $7.90M $92.00M $292.50M $328.30M $318.31M $133.65M
Net Margin % -13.2% -9.9% -19.1% -8.7% 9.1% 0.3% 2.4% 6.3% 7.4% 8.6% 3.4%
Basic EPS -11.55 -9.86 -19.88 -11.99 11.37 0.20 2.28 6.83 7.49 6.84 2.74
Diluted EPS -11.55 -9.86 -19.88 -11.99 11.12 0.20 2.26 6.70 7.30 6.70 2.73
Basic Shares Outstanding 36.0M 35.3M 35.3M 35.9M 38.7M 38.3M 40.3M 42.8M 43.8M 46.5M 48.8M
Diluted Shares Outstanding 36.0M 35.3M 35.3M 35.9M 39.6M 38.6M 40.7M 43.7M 45.0M 47.5M 49.0M
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)
Cash & Cash Equivalents $209.80M $259.10M $211.70M $573.00M $588.70M $456.20M $452.30M $432.80M $465.11M $431.26M
Inventory $347.20M $404.70M $553.60M $621.00M $384.10M $438.20M $510.40M $510.40M $385.35M $353.10M
Other Current Assets $51.30M $39.50M $39.40M $44.30M $15.10M $25.90M $20.50M $17.50M $18.00M $10.12M
Total Current Assets $988.20M $1.19B $1.39B $1.98B $1.52B $1.49B $1.63B $1.65B $1.43B $1.29B
Property Plant & Equipment - - - - - $625.80M $592.10M $627.00M $513.76M $518.75M
Goodwill $59.90M $63.80M $410.40M $710.10M $74.20M $67.70M $69.00M $72.50M $29.48M $31.06M
Intangible Assets $598.80M $693.90M $772.00M $823.80M $182.80M $191.50M $191.10M $207.50M $177.34M $158.22M
Total Assets $2.64B $3.03B $3.76B $4.71B $2.85B $2.76B $2.73B $2.77B $2.41B $2.28B
Accounts Payable $263.10M $449.70M $438.10M $590.30M $355.40M $343.00M $354.20M $436.80M $378.03M $324.63M
Short-term Debt - - - - - - $7.00M $7.00M $5.00M $5.00M
Total Current Liabilities $720.90M $672.60M $689.40M $914.40M $533.30M $527.60M $537.00M $626.60M $542.17M $449.27M
Long-term Debt $2.20B $2.28B $2.30B $2.31B $1.16B $1.16B $1.16B $1.17B $1.16B $1.20B
Deferred Tax Liabilities $37.50M $43.50M $59.80M $103.20M $60.70M $41.50M $45.40M $49.20M $24.84M $25.76M
Other Non-current Liabilities $251.60M $251.80M $228.90M $306.70M $436.50M $300.20M $214.90M $256.40M $237.05M $217.73M
Common Stock $400.00K $400.00K $400.00K $400.00K $500.00K $500.00K $500.00K $500.00K $488.00K $488.00K
Retained Earnings $-792.80M $-443.00M $264.50M $741.80M $739.20M $781.00M $753.20M $527.90M $258.54M $-18.29M
Total Stockholders Equity $-619.90M $-268.00M $420.30M $1.01B $590.30M $668.90M $768.70M $674.80M $445.05M $389.01M
Total Liabilities & Equity $2.64B $3.03B $3.76B $4.71B $2.85B $2.76B $2.73B $2.77B $2.41B $2.28B
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)
Net Income $-412.10M $-348.50M $-701.30M $-430.90M $440.00M $7.90M $92.00M $292.50M $328.30M $318.31M $133.65M
Depreciation & Amortization $222.50M $210.20M $221.20M $236.90M $167.50M $134.30M $136.00M $130.20M $110.60M $96.40M $96.80M
Stock-based Compensation $25.20M $14.40M $19.50M $18.60M $15.20M $11.40M $13.50M $15.80M $13.80M $17.06M $9.00M
Deferred Income Tax $-5.60M $-2.70M $41.40M $-93.30M $-2.10M $8.00M $-37.40M $5.30M $14.80M $16.09M $-77.00K
Change in Receivables $26.10M $-99.50M $-106.30M $-129.10M $214.60M $-57.40M $-66.60M $-21.20M $51.80M $96.40M $-65.12M
Change in Inventory $-54.40M $-46.40M $-150.10M $-31.80M $214.10M $-69.80M $-70.70M $16.00M $80.20M $50.97M $-97.15M
Operating Cash Flow $-253.50M $-14.20M $148.70M $43.50M $452.70M $255.40M $322.50M $366.50M $391.30M $403.70M $421.90M
Capital Expenditure $83.40M $63.30M $69.70M $148.20M $117.70M $82.30M $110.10M $121.40M $147.40M $123.87M $109.27M
Acquisitions - - - $22.20M $1.80B $-100.00K $-100.00K - $82.30M - -
Investing Cash Flow $-83.40M $-55.10M $-31.70M $-164.00M $-1.54B $-24.20M $-109.30M $-118.70M $-182.60M $-117.30M $-106.70M
Debt Repayment - - - - - - - - - $5.00M $2.50M
Stock Repurchased - - - $151.90M $48.10M $25.00M $119.70M $142.90M $88.90M $215.08M -
Dividends Paid $3.00M $1.70M $17.90M $47.50M $21.90M $61.80M $65.70M $66.00M $58.00M $27.30M -
Financing Cash Flow $116.70M $26.40M $-66.00M $-233.70M $1.08B $-104.30M $-206.70M $-222.20M $-253.00M $-247.60M $-94.80M
Net Change in Cash $-209.60M $-49.20M $49.40M $-361.30M $-15.70M $131.30M $5.10M $19.50M $-32.30M $33.80M $210.50M
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 $743.20M - $2.31B -
Cost of Revenue $705.80M - $2.17B -
Gross Profit $37.40M - $137.80M -
Selling General & Admin $63.20M - $232.30M -
Operating Income $-28.20M - $-90.50M -
Other Income/Expense $-2.60M - $20.60M -
Income Before Tax $-101.40M - $-276.80M -
Income Tax Expense $8.30M - $17.40M -
Net Income $-109.70M $-67.80M $-294.20M -
Basic EPS -3.05 - -8.24 -
Diluted EPS -3.05 - -8.24 -
Basic Shares Outstanding $36.00M - $35.70M -
Diluted Shares Outstanding $36.00M - $35.70M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $112.10M $209.80M
Inventory $351.40M $347.20M
Other Current Assets $56.30M $51.30M
Total Current Assets $922.40M $988.20M
Goodwill $67.70M $59.90M
Intangible Assets $526.40M $598.80M
Total Assets $2.49B $2.64B
Accounts Payable $285.80M $263.10M
Total Current Liabilities $674.20M $720.90M
Long-term Debt $2.33B $2.20B
Deferred Tax Liabilities $34.50M $37.50M
Other Non-current Liabilities $262.30M $251.60M
Common Stock $400.00K $400.00K
Retained Earnings $-1.09B $-792.80M
Total Stockholders Equity $-861.60M $-619.90M
Total Liabilities & Equity $2.49B $2.64B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-109.70M $-67.80M $-294.20M -
Depreciation & Amortization $56.40M - $152.20M -
Stock-based Compensation - - $9.20M -
Deferred Income Tax - - $-700.00K -
Change in Receivables - - $-3.50M -
Change in Inventory - - $-18.30M -
Operating Cash Flow - - $-125.00M -
Capital Expenditure - - $35.00M -
Investing Cash Flow - - $-35.00M -
Dividends Paid - - $1.20M -
Financing Cash Flow - - $56.00M -
Net Change in Cash - - $-97.60M -

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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