$2.24B
Revenue
$-1.98B
Net Income
61.57%
Gross Margin
-5.40%
Op. Margin
$146.70M
Free Cash Flow
| 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) |
|---|---|---|---|---|---|
| Total Revenue | $2.24B | $4.34B | $7.49B | $7.20B | $10.31B |
| Revenue Growth % | -48.5% | -42.0% | 4.1% | -30.2% | nan% |
| Cost of Revenue | $859.00M | $1.45B | $2.38B | $2.09B | $3.02B |
| Gross Profit | $1.38B | $2.89B | $5.11B | $5.11B | $7.29B |
| Gross Margin % | 61.6% | 66.6% | 68.2% | 71.0% | 70.7% |
| Operating Expenses | $2.36B | $4.40B | $7.74B | $7.05B | $8.99B |
| Selling General & Admin | $756.00M | $1.14B | $1.76B | $1.62B | $2.15B |
| Operating Income | $-120.80M | $-60.10M | $-244.50M | $146.80M | $1.32B |
| Operating Margin % | -5.4% | -1.4% | -3.3% | 2.0% | 12.8% |
| Interest Expense | $884.20M | $892.40M | $907.90M | $589.30M | $882.10M |
| Other Income/Expense | $90.70M | $201.80M | $225.50M | $134.40M | $44.90M |
| Income Before Tax | $-1.94B | $1.84B | $-3.72B | $1.42B | $14.00B |
| Income Tax Expense | $-235.30M | $-30.80M | $149.60M | $318.90M | $473.30M |
| Net Income | $-1.98B | $1.59B | $-4.05B | $1.47B | $13.43B |
| Net Margin % | -88.4% | 36.6% | -54.1% | 20.5% | 130.2% |
| Basic EPS | -6.10 | 4.33 | -9.52 | 3.01 | 24.16 |
| Diluted EPS | -6.20 | 4.23 | -9.52 | 2.96 | 23.59 |
| Basic Shares Outstanding | - | 366.7M | 425.7M | - | - |
| Diluted Shares Outstanding | - | 375.2M | 425.7M | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $1.82B | $1.42B | $1.73B | $910.60M |
| Short-term Investments | $335.60M | $1.99B | $2.62B | $2.27B |
| Accounts Receivable | $449.80M | $870.10M | $830.60M | $907.30M |
| Other Current Assets | $411.60M | $847.00M | $736.30M | $928.00M |
| Total Current Assets | $3.30B | $5.64B | $6.30B | $5.94B |
| Goodwill | $3.15B | $10.48B | $9.32B | $9.52B |
| Intangible Assets | $1.29B | - | - | - |
| Long-term Investments | $11.69B | $13.40B | $14.86B | $19.70B |
| Other Non-current Assets | $1.68B | $3.16B | $3.58B | $2.43B |
| Total Assets | $25.44B | $42.09B | $42.90B | $46.92B |
| Accounts Payable | $371.20M | $689.80M | $610.10M | $613.40M |
| Short-term Debt | $898.50M | $806.80M | $799.70M | $850.30M |
| Deferred Revenue | $285.30M | $249.20M | $264.40M | $274.70M |
| Total Current Liabilities | $3.13B | $4.33B | $3.92B | $4.08B |
| Long-term Debt | $9.07B | $14.96B | $12.96B | $13.97B |
| Deferred Tax Liabilities | $405.00M | - | - | - |
| Other Non-current Liabilities | $881.50M | $2.14B | $1.79B | $2.03B |
| Total Liabilities | $12.90B | $23.08B | $20.32B | $21.32B |
| Retained Earnings | $12.24B | $15.57B | $19.62B | $18.14B |
| Treasury Stock | - | - | - | $100.00K |
| Total Stockholders Equity | $12.37B | $19.06B | $22.44B | $25.93B |
| Total Liabilities & Equity | $25.44B | $42.09B | $42.90B | $46.92B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-1.98B | $1.59B | $-4.05B | $1.47B | $13.43B |
| Depreciation & Amortization | $480.40M | $1.00B | $2.32B | $2.17B | $2.35B |
| Stock-based Compensation | $266.90M | $168.30M | $231.00M | $192.10M | $308.10M |
| Deferred Income Tax | $-395.90M | $-53.10M | $-33.10M | $172.50M | $318.20M |
| Operating Cash Flow | $1.78B | $2.03B | $2.17B | $2.84B | $3.55B |
| Capital Expenditure | $1.63B | $908.50M | $1.39B | $1.30B | $1.41B |
| Acquisitions | - | $199.10M | $114.60M | $-2.70M | $70.80M |
| Investing Cash Flow | $-452.40M | $684.70M | $-1.84B | $1.28B | $-5.80B |
| Debt Repayment | $1.89B | $25.50M | $1.01B | $980.90M | $1.72B |
| Stock Repurchased | $476.00M | $689.80M | $1.49B | $1.70B | $1.58B |
| Financing Cash Flow | $-2.13B | $-2.25B | $-692.40M | $-3.28B | $-1.55B |
| Net Change in Cash | $-517.70M | $399.40M | $-309.50M | $815.10M | $-3.80B |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.