$495.29M
Revenue
$-225.46M
Net Income
-
Gross Margin
22.41%
Op. Margin
$393.15M
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 | $495.29M | $495.29M | $805.01M | $515.07M | $378.86M | $391.23M | $330.10M | $306.21M | $282.21M | $259.30M | $214.17M |
| Revenue Growth % | 0.0% | -38.5% | 56.3% | 36.0% | -3.2% | 18.5% | 7.8% | 8.5% | 8.8% | 21.1% | nan% |
| Cost of Revenue | - | - | - | - | - | - | - | - | $28.23M | $24.46M | $19.75M |
| Gross Profit | - | - | - | - | - | - | - | - | $253.97M | $234.84M | $194.42M |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 90.0% | 90.6% | 90.8% |
| Operating Expenses | $478.99M | $478.99M | $655.54M | $528.78M | $278.64M | $280.80M | $230.71M | $214.94M | $208.44M | $173.25M | $153.89M |
| Operating Income | $110.98M | $110.98M | $206.48M | $-15.38M | $100.54M | $111.91M | $99.24M | $114.89M | $68.02M | $86.05M | $60.28M |
| Operating Margin % | 22.4% | 22.4% | 25.6% | -3.0% | 26.5% | 28.6% | 30.1% | 37.5% | 24.1% | 33.2% | 28.1% |
| Interest Expense | $168.94M | $168.94M | $249.06M | $179.41M | $97.51M | $94.34M | $71.80M | $64.20M | $57.97M | $48.45M | $39.12M |
| Other Income/Expense | $4.33M | $4.33M | $1.72M | $2.27M | $981.00K | $121.00K | $289.00K | $216.00K | $-23.00K | $22.00K | $20.00K |
| Income Before Tax | $-113.95M | $-113.95M | $-127.13M | $-197.44M | $23.05M | $23.52M | $15.75M | $50.81M | $13.33M | $26.73M | $52.00M |
| Income Tax Expense | $21.80M | $21.80M | $4.45M | $14.47M | $11.03M | $12.15M | $4.97M | $4.33M | $2.43M | $3.14M | $4.42M |
| Net Income | $-225.46M | $-225.46M | $-131.57M | $-211.91M | $12.02M | $11.37M | $10.78M | $46.48M | $10.90M | $23.59M | $47.14M |
| Net Margin % | -45.5% | -45.5% | -16.3% | -41.1% | 3.2% | 2.9% | 3.3% | 15.2% | 3.9% | 9.1% | 22.0% |
| Basic EPS | -1.19 | -1.21 | -0.76 | -1.71 | -0.09 | -0.20 | -0.09 | 0.40 | 0.01 | 0.30 | nan |
| Diluted EPS | -1.19 | -1.21 | -0.76 | -1.71 | -0.09 | -0.20 | -0.09 | 0.39 | 0.01 | 0.30 | nan |
| Basic Shares Outstanding | - | 223.3M | 230.4M | 142.6M | 103.7M | 98.3M | 89.5M | 85.0M | 69.4M | 66.9M | 56.7M |
| Diluted Shares Outstanding | - | 223.3M | 230.4M | 142.6M | 103.7M | 98.3M | 89.5M | 86.3M | 69.7M | 66.9M | 56.7M |
| 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 | $180.11M | $159.70M | $121.57M | $103.33M | $89.67M | $124.25M | $270.30M | $100.32M | $102.42M | $69.83M |
| Goodwill | $45.90M | $51.37M | $46.98M | $21.36M | - | - | - | - | - | - |
| Intangible Assets | $257.57M | $377.67M | - | - | - | - | - | - | - | - |
| Total Assets | $4.35B | $6.96B | $8.10B | $3.96B | $4.18B | $3.97B | $3.70B | $3.31B | $3.04B | $2.89B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | $55.40M |
| Deferred Tax Liabilities | $17.80M | $5.48M | $6.01M | $7.26M | $8.25M | $12.16M | $14.97M | - | - | - |
| Total Liabilities | $2.68B | $4.77B | $5.46B | $2.51B | $2.56B | $2.41B | $1.99B | $1.88B | $1.62B | $1.54B |
| Common Stock | $3.49M | $3.64M | $3.64M | $2.37M | $2.37M | $2.23M | $2.23M | $2.09M | $2.00M | $1.99M |
| Retained Earnings | $-2.61B | $-2.15B | $-1.70B | $-1.25B | $-1.07B | $-896.55M | $-733.25M | $-615.45M | $-468.40M | $-346.06M |
| Total Stockholders Equity | $1.66B | $2.19B | $2.64B | $1.44B | $1.62B | $1.53B | $1.70B | $1.43B | $1.41B | $1.35B |
| Total Liabilities & Equity | $4.35B | $6.96B | $8.10B | $3.96B | $4.18B | $3.97B | $3.70B | $3.31B | $3.04B | $2.89B |
| 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 | $-225.46M | $-225.46M | $-131.57M | $-211.91M | $12.02M | $11.37M | $10.78M | $46.48M | $10.90M | $23.59M | $47.14M |
| Depreciation & Amortization | $247.52M | $191.19M | $349.94M | $222.27M | $154.03M | $163.08M | $138.54M | $126.00M | $119.58M | $113.05M | $94.45M |
| Stock-based Compensation | $22.04M | $12.51M | $8.93M | $17.30M | $12.07M | $11.03M | $10.06M | $9.53M | $2.65M | $-3.79M | $3.75M |
| Deferred Income Tax | - | $11.74M | $-258.00K | $-2.38M | - | - | - | - | - | - | - |
| Operating Cash Flow | $393.15M | $222.79M | $299.47M | $143.74M | $181.82M | $192.49M | $176.85M | $146.00M | $144.60M | $130.95M | $114.39M |
| Capital Expenditure | - | - | - | - | - | - | - | $17.35M | $1.45M | $3.12M | $200.00K |
| Acquisitions | - | - | - | $451.38M | - | - | - | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - |
| Sales of Investments | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $3.96B | $1.80B | $759.90M | $-551.90M | $-16.54M | $-436.57M | $-470.53M | $-294.48M | $-457.95M | $-78.98M | $134.15M |
| Stock Issued | - | - | - | - | $894.00K | $214.04M | - | $258.42M | $171.77M | $18.30M | - |
| Stock Repurchased | $215.67M | $120.28M | $1.04M | $1.19M | $686.00K | $156.00K | - | - | - | - | - |
| Dividends Paid | $363.42M | $192.06M | $272.44M | $206.99M | $166.84M | $156.22M | $155.06M | $150.78M | $147.44M | $142.74M | $120.39M |
| Financing Cash Flow | $-4.46B | $-2.06B | $-995.36M | $469.01M | $-149.74M | $218.32M | $140.68M | $300.00M | $312.19M | $-30.66M | $-240.88M |
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 | $121.01M | - | $378.33M | - |
| Operating Expenses | $129.40M | - | $372.15M | - |
| Operating Income | $-14.18M | - | $241.00K | - |
| Interest Expense | $45.31M | - | $152.09M | - |
| Other Income/Expense | $1.82M | - | $3.55M | - |
| Income Before Tax | $-59.49M | - | $-180.24M | - |
| Income Tax Expense | $3.09M | - | $9.37M | - |
| Net Income | $-60.12M | - | $-273.64M | - |
| Basic EPS | -0.32 | - | -1.37 | - |
| Diluted EPS | -0.32 | - | -1.37 | - |
| Basic Shares Outstanding | $220.89M | - | $224.67M | - |
| Diluted Shares Outstanding | $220.89M | - | $224.67M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $165.09M | $159.70M |
| Goodwill | $45.98M | $51.37M |
| Total Assets | $4.77B | $6.96B |
| Deferred Tax Liabilities | $7.06M | $5.48M |
| Total Liabilities | $3.06B | $4.77B |
| Common Stock | $3.53M | $3.64M |
| Retained Earnings | $-2.61B | $-2.15B |
| Total Stockholders Equity | $1.70B | $2.19B |
| Total Liabilities & Equity | $4.77B | $6.96B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-60.12M | - | $-273.64M | - |
| Depreciation & Amortization | $44.78M | - | $146.75M | - |
| Stock-based Compensation | - | - | $9.49M | - |
| Operating Cash Flow | - | - | $167.23M | - |
| Investing Cash Flow | - | - | $1.39B | - |
| Stock Repurchased | - | - | $82.91M | - |
| Dividends Paid | - | - | $149.75M | - |
| Financing Cash Flow | - | - | $-1.58B | - |
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.