$2.24B
Revenue
$-1.98B
Net Income
61.57%
Gross Margin
-5.40%
Op. Margin
$146.70M
Free Cash Flow
| Breakdown | 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 | $1.21B | $1.27B | $1.17B | $-1.41B | $1.94B | $1.87B | $1.95B | $1.92B | $1.85B | $1.85B | $1.87B | $1.84B | $1.75B |
| Revenue Growth % (YoY) | -37.6% | -32.3% | -39.8% | -173.5% | 4.4% | 1.4% | 4.1% | 4.3% | 6.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $392.90M | $465.30M | $403.40M | $-402.60M | $591.60M | $589.60M | $672.10M | $708.30M | $550.00M | $555.70M | $570.70M | $584.00M | $484.30M |
| Gross Profit | $814.20M | $803.80M | $767.80M | $-1.01B | $1.34B | $1.28B | $1.27B | $1.21B | $1.30B | $1.29B | $1.30B | $1.26B | $1.26B |
| Gross Margin % | 67.5% | 63.3% | 65.6% | 71.5% | 69.4% | 68.5% | 65.4% | 63.1% | 70.3% | 69.9% | 69.5% | 68.3% | 72.3% |
| Operating Expenses | $1.22B | $1.24B | $1.11B | $-1.21B | $1.83B | $1.85B | $1.92B | $2.13B | $1.88B | $1.90B | $1.83B | $1.89B | $1.64B |
| Selling General & Admin | $308.00M | $305.30M | $285.40M | $-142.70M | $416.90M | $436.80M | $427.60M | $479.80M | $423.70M | $442.10M | $415.40M | $437.20M | $365.10M |
| Operating Income | $-8.00M | $29.60M | $60.70M | $-203.10M | $101.30M | $19.10M | $22.60M | $-205.30M | $-27.40M | $-49.20M | $37.40M | $-45.40M | $108.90M |
| Operating Margin % | -0.7% | 2.3% | 5.2% | 14.4% | 5.2% | 1.0% | 1.2% | -10.7% | -1.5% | -2.7% | 2.0% | -2.5% | 6.2% |
| Interest Expense | $372.30M | $236.00M | $137.20M | $138.70M | $753.70M | $468.10M | $253.50M | $251.90M | $241.40M | $213.70M | $200.90M | $172.50M | $149.70M |
| Other Income/Expense | $27.50M | $33.10M | $19.40M | $10.70M | $63.90M | $83.70M | $43.50M | $66.00M | $39.80M | $75.80M | $43.90M | $74.20M | $21.70M |
| Income Before Tax | $-130.30M | $-2.77B | $-1.39B | $2.36B | $-1.41B | $335.90M | $553.90M | $-3.49B | $821.00M | $-352.10M | $-701.00M | $-4.58B | $2.50B |
| Income Tax Expense | $-46.90M | $900.00K | $-70.00M | $-119.30M | $900.00K | $60.70M | $26.90M | $-20.40M | $-1.70M | $159.20M | $12.50M | $109.30M | $64.80M |
| Net Income | $-90.70M | $-2.79B | $-1.34B | $2.24B | $-1.43B | $268.10M | $510.00M | $-3.49B | $659.20M | $-499.60M | $-721.40M | $-4.70B | $2.35B |
| Net Margin % | -7.5% | -220.1% | -114.2% | -158.9% | -74.1% | 14.3% | 26.2% | -181.7% | 35.5% | -27.0% | -38.6% | -255.2% | 134.5% |
| Basic EPS | -0.27 | -8.09 | -3.84 | 6.10 | -3.95 | 0.72 | 1.35 | -8.24 | 1.58 | -1.13 | -1.59 | -9.35 | 4.92 |
| Diluted EPS | -0.27 | -8.09 | -3.84 | 6.00 | -3.95 | 0.71 | 1.32 | -8.24 | 1.57 | -1.13 | -1.59 | -9.19 | 4.87 |
| Breakdown | 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 | $1.67B | $1.82B | $1.98B | $1.82B | $2.36B | $2.01B | $1.14B | $1.42B | $1.74B | $1.57B | $1.45B | $1.73B | $1.59B |
| Short-term Investments | - | $1.33B | - | $335.60M | $906.30M | $1.20B | $1.65B | $1.99B | $1.56B | $2.13B | $2.19B | $2.62B | $2.15B |
| Accounts Receivable | $518.30M | $570.30M | $483.80M | $449.80M | $863.40M | $858.80M | $858.60M | $870.10M | $825.10M | $872.20M | $830.60M | $830.60M | $726.40M |
| Other Current Assets | $434.20M | $502.30M | $438.00M | $411.60M | $671.20M | $721.90M | $692.90M | $847.00M | $747.50M | $870.60M | $720.70M | $736.30M | $1.00B |
| Total Current Assets | $2.78B | $4.43B | $3.12B | $3.30B | $5.20B | $5.39B | $4.87B | $5.64B | $5.43B | $5.94B | $5.66B | $6.30B | $5.47B |
| Goodwill | $3.62B | $3.60B | $3.31B | $3.15B | $10.33B | $9.77B | $9.91B | $10.48B | $9.77B | $9.57B | $9.43B | $9.32B | $8.63B |
| Intangible Assets | - | - | - | $1.29B | - | - | - | - | - | - | - | - | - |
| Long-term Investments | $11.05B | $11.23B | $12.00B | $11.69B | $13.62B | $13.26B | $13.46B | $13.40B | $15.19B | $16.24B | $16.38B | $14.86B | $16.43B |
| Other Non-current Assets | $1.39B | $1.40B | $1.62B | $1.68B | $1.03B | $1.32B | $1.22B | $3.16B | $3.29B | $3.36B | $3.39B | $3.58B | $3.86B |
| Total Assets | $25.39B | $27.17B | $25.97B | $25.44B | $41.77B | $40.84B | $40.56B | $42.09B | $42.70B | $43.94B | $43.81B | $42.90B | $42.62B |
| Accounts Payable | $404.20M | $454.50M | $361.10M | $371.20M | $560.60M | $514.90M | $537.30M | $689.80M | $585.80M | $616.20M | $478.50M | $610.10M | $502.60M |
| Short-term Debt | $678.50M | $1.99B | $1.13B | $898.50M | $999.30M | $771.40M | $737.80M | $806.80M | $633.30M | $704.10M | $758.50M | $799.70M | $716.70M |
| Deferred Revenue | $285.40M | $253.60M | $276.10M | $285.30M | $267.40M | $292.50M | $293.80M | $249.20M | $271.90M | $323.30M | $344.30M | $264.40M | $271.40M |
| Total Current Liabilities | $2.91B | $4.34B | $3.29B | $3.13B | $4.35B | $4.03B | $3.80B | $4.33B | $3.73B | $4.09B | $3.71B | $3.92B | $3.38B |
| Long-term Debt | $7.82B | $7.80B | $8.25B | $9.07B | $14.89B | $14.74B | $14.78B | $14.96B | $14.56B | $14.41B | $14.29B | $12.96B | $12.50B |
| Deferred Tax Liabilities | - | - | - | $405.00M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $975.30M | $1.07B | $900.80M | $881.50M | $1.87B | $1.86B | $1.70B | $2.14B | $2.01B | $1.88B | $1.80B | $1.79B | $1.69B |
| Total Liabilities | $12.43B | $13.96B | $13.13B | $12.90B | $23.11B | $22.52B | $22.17B | $23.08B | $21.85B | $22.00B | $21.44B | $20.32B | $19.13B |
| Retained Earnings | $8.02B | $8.11B | $10.91B | $12.24B | $14.91B | $16.34B | $16.08B | $15.57B | $19.06B | $18.40B | $18.90B | $19.62B | $24.32B |
| Total Stockholders Equity | $12.74B | $12.99B | $12.65B | $12.37B | $18.66B | $18.35B | $18.43B | $19.06B | $20.92B | $21.86B | $22.22B | $22.44B | $23.38B |
| Total Liabilities & Equity | $25.39B | $27.17B | $25.97B | $25.44B | $41.77B | $40.84B | $40.56B | $42.09B | $42.70B | $43.94B | $43.81B | $42.90B | $42.62B |
| Breakdown | 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 | $-90.70M | $-2.79B | $-1.34B | $2.24B | $-1.43B | $268.10M | $510.00M | $-3.49B | $659.20M | $-499.60M | $-721.40M | $-4.70B | $6.17B |
| Depreciation & Amortization | $275.90M | $483.00M | $232.20M | $-510.70M | $1.51B | $1.01B | $480.70M | $633.40M | $584.00M | $1.10B | $526.90M | $583.00M | $1.59B |
| Stock-based Compensation | $129.40M | $82.80M | $33.40M | $21.30M | $147.00M | $94.10M | $44.60M | $56.60M | $174.40M | $119.60M | $43.80M | $48.70M | $143.40M |
| Deferred Income Tax | $-151.10M | $-126.50M | $-97.80M | $-20.50M | $-32.60M | $12.60M | $3.80M | $-73.80M | $40.70M | $87.60M | $-27.60M | $66.40M | $106.10M |
| Change in Working Capital | $124.00M | $152.60M | $75.20M | - | $-20.30M | $-23.50M | $120.00M | - | $-81.10M | $-120.40M | $133.00M | - | $42.50M |
| Operating Cash Flow | $580.20M | $278.40M | $129.20M | $791.60M | $1.24B | $791.80M | $245.70M | $839.20M | $1.33B | $999.60M | $307.80M | $883.20M | $1.95B |
| Capital Expenditure | $905.50M | $562.60M | $243.30M | $-78.70M | $987.20M | $640.10M | $350.80M | $369.80M | $1.02B | $688.40M | $377.20M | $373.90M | $929.30M |
| Acquisitions | - | - | - | $185.40M | $13.70M | $8.10M | $3.70M | $800.00K | $113.80M | $94.60M | $93.80M | $-2.70M | - |
| Investing Cash Flow | $-607.80M | $-246.90M | $52.50M | $349.80M | $334.90M | $310.70M | $-211.70M | $-878.60M | $-966.40M | $-1.49B | $-1.42B | $-651.20M | $1.93B |
| Debt Repayment | $663.10M | $658.80M | $550.20M | $16.30M | $9.20M | $7.30M | $5.90M | $983.10M | $22.30M | $21.00M | $6.70M | $7.90M | $973.00M |
| Stock Repurchased | $158.20M | $102.00M | $37.90M | $177.90M | $511.90M | $346.50M | $176.30M | $361.60M | $1.13B | $608.30M | $229.30M | $129.60M | $1.57B |
| Financing Cash Flow | $-273.40M | $-191.00M | $-66.20M | $-1.60B | $-650.20M | $-473.30M | $-284.00M | $-349.30M | $-343.10M | $295.00M | $813.80M | $-213.40M | $-3.06B |
| Net Change in Cash | $-142.20M | $200.00K | $166.30M | $-542.00M | $941.40M | $596.20M | $-275.60M | $-325.60M | $16.10M | $-160.60M | $-279.60M | $132.20M | $682.90M |
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 | $1.21B | - | $3.65B | - |
| Cost of Revenue | $392.90M | - | $1.26B | - |
| Operating Expenses | $1.22B | - | $3.57B | - |
| Selling General & Admin | $308.00M | - | $893.90M | - |
| Operating Income | $-8.00M | - | $82.30M | - |
| Interest Expense | $123.30M | - | $372.30M | - |
| Other Income/Expense | $27.50M | - | $80.00M | - |
| Income Before Tax | $-130.30M | - | $-4.30B | - |
| Income Tax Expense | $-46.90M | - | $-116.00M | - |
| Net Income | $-90.70M | $275.20M | $-4.22B | - |
| Basic EPS | -0.27 | - | -12.26 | - |
| Diluted EPS | -0.27 | - | -12.26 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.67B | $1.82B |
| Short-term Investments | - | $335.60M |
| Accounts Receivable | $518.30M | $449.80M |
| Other Current Assets | $434.20M | $411.60M |
| Total Current Assets | $2.78B | $3.30B |
| Goodwill | $3.62B | $3.15B |
| Long-term Investments | $11.05B | $11.69B |
| Other Non-current Assets | $1.39B | $1.68B |
| Total Assets | $25.39B | $25.44B |
| Accounts Payable | $404.20M | $371.20M |
| Short-term Debt | $678.50M | $898.50M |
| Deferred Revenue | $285.40M | $285.30M |
| Total Current Liabilities | $2.91B | $3.13B |
| Long-term Debt | $7.82B | $8.20B |
| Other Non-current Liabilities | $975.30M | $881.50M |
| Total Liabilities | $12.43B | $12.90B |
| Retained Earnings | $8.02B | $12.24B |
| Total Stockholders Equity | $12.74B | $12.37B |
| Total Liabilities & Equity | $25.39B | $25.44B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-90.70M | $275.20M | $-4.22B | - |
| Depreciation & Amortization | $275.90M | - | $758.90M | - |
| Stock-based Compensation | - | - | $129.40M | - |
| Deferred Income Tax | - | - | $-151.10M | - |
| Change in Working Capital | - | - | $124.00M | - |
| Operating Cash Flow | - | - | $580.20M | - |
| Capital Expenditure | - | - | $905.50M | - |
| Investing Cash Flow | - | - | $-607.80M | - |
| Debt Repayment | - | - | $663.10M | - |
| Stock Repurchased | - | - | $158.20M | - |
| Financing Cash Flow | - | - | $-273.40M | - |
| Net Change in Cash | - | - | $-142.20M | - |
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.