$476.39M
Revenue
$320.54M
Net Income
-
Gross Margin
-
Op. Margin
$637.57M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $476.39M | $476.39M | $296.29M | $217.77M | $196.13M | $192.35M |
| Revenue Growth % | 0.0% | 60.8% | 36.1% | 11.0% | 2.0% | nan% |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | $192.35M |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | 100.0% |
| Operating Expenses | $206.46M | $206.46M | $178.07M | $159.78M | $192.77M | $109.47M |
| Interest Expense | $43.71M | $43.71M | $30.31M | $40.88M | $30.01M | $23.68M |
| Other Income/Expense | - | $4.35M | - | - | - | - |
| Income Before Tax | - | $325.29M | $124.40M | $53.72M | - | - |
| Income Tax Expense | - | $5.00M | - | - | - | - |
| Net Income | $320.54M | $320.54M | $125.08M | $53.73M | $-7.51M | $71.98M |
| Net Margin % | 67.3% | 67.3% | 42.2% | 24.7% | -3.8% | 37.4% |
| Basic EPS | 1.57 | 1.57 | 0.81 | 0.50 | -0.08 | 0.74 |
| Diluted EPS | 1.56 | 1.57 | 0.80 | 0.50 | -0.08 | 0.74 |
| Basic Shares Outstanding | - | 203.6M | 154.8M | 106.0M | 96.7M | 96.0M |
| Diluted Shares Outstanding | - | 204.1M | 155.2M | 106.2M | 96.7M | 96.1M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $198.04M | $213.82M | $294.45M | $13.18M | $19.89M |
| Accounts Receivable | $10.37M | $1.17M | $395.00K | $416.00K | $2.42M |
| Intangible Assets | $48.75M | $3.55M | - | - | - |
| Total Assets | $5.15B | $3.44B | $2.08B | $1.62B | $1.64B |
| Long-term Debt | $894.22M | $396.93M | - | - | - |
| Total Liabilities | $1.09B | $507.63M | $666.12M | $771.41M | $725.09M |
| Common Stock | $2.23M | $1.87M | $1.30M | $990.00K | $963.00K |
| Total Stockholders Equity | $4.04B | $2.91B | $1.42B | $849.37M | $915.76M |
| Total Liabilities & Equity | $5.15B | $3.44B | $2.08B | $1.62B | $1.64B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $320.54M | $320.54M | $125.08M | $53.73M | $-7.51M | $71.98M |
| Depreciation & Amortization | $92.89M | $92.89M | $56.83M | $51.20M | $50.32M | $55.39M |
| Change in Receivables | $402.00K | $187.00K | $808.00K | $9.00K | $-604.00K | $562.00K |
| Operating Cash Flow | $637.57M | $394.03M | $244.25M | $154.77M | $144.41M | $156.87M |
| Investing Cash Flow | $-2.32B | $-1.46B | $-1.51B | $-267.81M | $-127.40M | $-192.63M |
| Stock Issued | $1.45B | $1.07B | $1.55B | $634.45M | $47.24M | $22.95M |
| Dividends Paid | $431.18M | $259.35M | $172.16M | $115.49M | $106.14M | $100.78M |
| Financing Cash Flow | $2.18B | $1.05B | $1.19B | $394.32M | $-23.73M | $36.74M |
| Net Change in Cash | $495.14M | $-15.78M | $-80.63M | $281.27M | $-6.72M | $976.00K |
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 | $132.44M | - | $341.53M | - |
| Operating Expenses | $58.35M | - | $144.86M | - |
| Interest Expense | $12.62M | - | $32.33M | - |
| Income Before Tax | $77.01M | - | $211.13M | - |
| Income Tax Expense | $2.08M | - | $3.11M | - |
| Net Income | $74.90M | - | $209.25M | - |
| Basic EPS | 0.35 | - | 1.06 | - |
| Diluted EPS | 0.35 | - | 1.06 | - |
| Basic Shares Outstanding | $211.75M | - | $197.20M | - |
| Diluted Shares Outstanding | $212.27M | - | $197.60M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $712.48M | $213.82M |
| Accounts Receivable | $7.39M | $1.17M |
| Total Assets | $5.09B | $3.44B |
| Total Liabilities | $1.07B | $507.63M |
| Common Stock | $2.23M | $1.87M |
| Total Stockholders Equity | $3.99B | $2.91B |
| Total Liabilities & Equity | $5.09B | $3.44B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $74.90M | - | $209.25M | - |
| Depreciation & Amortization | $26.69M | - | $65.75M | - |
| Change in Receivables | - | - | $761.00K | - |
| Operating Cash Flow | - | - | $273.07M | - |
| Investing Cash Flow | - | - | $-901.05M | - |
| Stock Issued | - | - | $1.07B | - |
| Dividends Paid | - | - | $184.54M | - |
| Financing Cash Flow | - | - | $1.13B | - |
| Net Change in Cash | - | - | $498.66M | - |
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.