$2.82B
Revenue
$-89.00M
Net Income
16.95%
Gross Margin
-3.30%
Op. Margin
$131.00M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $959.00M | $634.00M | $628.00M | $599.00M | $571.00M | $606.00M | $633.00M | $563.00M | $555.00M | $588.00M | $594.00M | $584.00M | $547.00M | $577.00M |
| Revenue Growth % (YoY) | 68.0% | 4.6% | -0.8% | 6.4% | 2.9% | 3.1% | 6.6% | -3.6% | 1.5% | 1.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $909.00M | $489.00M | $484.00M | $460.00M | $438.00M | $471.00M | $495.00M | $434.00M | $425.00M | $454.00M | $460.00M | $447.00M | $415.00M | $438.00M |
| Gross Profit | $50.00M | $145.00M | $144.00M | $139.00M | $133.00M | $135.00M | $138.00M | $129.00M | $130.00M | $134.00M | $134.00M | $137.00M | $132.00M | $139.00M |
| Gross Margin % | 5.2% | 22.9% | 22.9% | 23.2% | 23.3% | 22.3% | 21.8% | 22.9% | 23.4% | 22.8% | 22.6% | 23.5% | 24.1% | 24.1% |
| Operating Income | $-188.00M | $33.00M | $32.00M | $30.00M | $29.00M | $23.00M | $33.00M | $28.00M | $32.00M | $37.00M | $36.00M | $35.00M | $35.00M | $44.00M |
| Operating Margin % | -19.6% | 5.2% | 5.1% | 5.0% | 5.1% | 3.8% | 5.2% | 5.0% | 5.8% | 6.3% | 6.1% | 6.0% | 6.4% | 7.6% |
| Other Income/Expense | $-6.00M | $-1.00M | - | - | $1.00M | $-1.00M | - | $1.00M | $-1.00M | - | $-1.00M | - | $-1.00M | - |
| Income Before Tax | $-194.00M | $32.00M | $32.00M | $30.00M | $30.00M | $22.00M | $33.00M | $29.00M | $31.00M | $37.00M | $35.00M | $35.00M | $34.00M | $44.00M |
| Income Tax Expense | $-33.00M | $7.00M | $7.00M | $7.00M | $7.00M | $9.00M | $8.00M | $8.00M | $-116.00M | $2.00M | $1.00M | $3.00M | $2.00M | $3.00M |
| Net Income | $-161.00M | $25.00M | $25.00M | $22.00M | $23.00M | $13.00M | $24.00M | $21.00M | $147.00M | $35.00M | $34.00M | $31.00M | $32.00M | $40.00M |
| Net Margin % | -16.8% | 3.9% | 4.0% | 3.7% | 4.0% | 2.1% | 3.8% | 3.7% | 26.5% | 6.0% | 5.7% | 5.3% | 5.9% | 6.9% |
| Basic EPS | -1.42 | 0.23 | 0.24 | 0.20 | 0.22 | 0.12 | 0.21 | 0.20 | 1.35 | 0.32 | 0.31 | 0.28 | 0.29 | 0.35 |
| Diluted EPS | -1.42 | 0.23 | 0.23 | 0.20 | 0.21 | 0.12 | 0.21 | 0.19 | 1.34 | 0.32 | 0.31 | 0.28 | 0.28 | 0.35 |
| Basic Shares Outstanding | - | 105.0M | 105.5M | 106.0M | -186K | 106.3M | 106.9M | 106.4M | -370K | 107.0M | 107.2M | 110.0M | -71K | 110.9M |
| Diluted Shares Outstanding | - | 105.6M | 106.0M | 106.7M | -177K | 107.0M | 107.6M | 107.3M | -417K | 108.1M | 108.1M | 111.2M | 114K | 111.4M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $164.00M | $266.00M | $232.00M | $219.00M | $256.00M | $261.00M | $197.00M | $188.00M | $299.00M | $194.00M | $203.00M | $168.00M | $212.00M | $267.00M |
| Accounts Receivable | $874.00M | $429.00M | $440.00M | $439.00M | $388.00M | $405.00M | $403.00M | $410.00M | $384.00M | $396.00M | $417.00M | $422.00M | $398.00M | $406.00M |
| Inventory | $1.19B | $377.00M | $383.00M | $385.00M | $352.00M | $364.00M | $399.00M | $428.00M | $366.00M | $415.00M | $424.00M | $406.00M | $381.00M | $361.00M |
| Other Current Assets | $48.00M | $24.00M | $25.00M | $24.00M | $32.00M | $28.00M | $24.00M | $19.00M | $19.00M | $28.00M | $31.00M | $29.00M | $26.00M | $20.00M |
| Total Current Assets | $2.28B | $1.10B | $1.08B | $1.07B | $1.03B | $1.06B | $1.02B | $1.04B | $1.07B | $1.03B | $1.07B | $1.02B | $1.02B | $1.05B |
| Property Plant & Equipment | $264.00M | $149.00M | $153.00M | $155.00M | $157.00M | $138.00M | $139.00M | $137.00M | $131.00M | $130.00M | $130.00M | $121.00M | $119.00M | $109.00M |
| Goodwill | $617.00M | $235.00M | $235.00M | $230.00M | $230.00M | $192.00M | $192.00M | $192.00M | $139.00M | $140.00M | $141.00M | $119.00M | $116.00M | $79.00M |
| Intangible Assets | $565.00M | $60.00M | $62.00M | $63.00M | $65.00M | $55.00M | $57.00M | $59.00M | $28.00M | $29.00M | $31.00M | $23.00M | $25.00M | $13.00M |
| Other Non-current Assets | $29.00M | $44.00M | $48.00M | $48.00M | $48.00M | $46.00M | $47.00M | $49.00M | $45.00M | $44.00M | $43.00M | $41.00M | $43.00M | $27.00M |
| Total Assets | $3.92B | $1.66B | $1.66B | $1.65B | $1.62B | $1.59B | $1.56B | $1.59B | $1.53B | $1.38B | $1.42B | $1.33B | $1.32B | $1.28B |
| Accounts Payable | $653.00M | $305.00M | $318.00M | $329.00M | $300.00M | $278.00M | $278.00M | $339.00M | $288.00M | $301.00M | $364.00M | $323.00M | $304.00M | $339.00M |
| Accrued Liabilities | $300.00M | $118.00M | $125.00M | $119.00M | $130.00M | $127.00M | $123.00M | $112.00M | $120.00M | $114.00M | $129.00M | $118.00M | $126.00M | $111.00M |
| Deferred Revenue | $50.00M | - | - | - | $31.00M | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | $21.00M | $12.00M | $12.00M | $12.00M | $12.00M | $12.00M | $11.00M | $11.00M | $10.00M | $8.00M | $8.00M | $6.00M | $9.00M | $8.00M |
| Total Current Liabilities | $974.00M | $435.00M | $455.00M | $460.00M | $442.00M | $417.00M | $412.00M | $462.00M | $418.00M | $423.00M | $501.00M | $447.00M | $439.00M | $458.00M |
| Long-term Debt | $411.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $99.00M | - | - | - | - | - | - | - | - | $1.00M | $1.00M | $1.00M | $1.00M | - |
| Other Non-current Liabilities | $73.00M | $15.00M | $17.00M | $19.00M | $22.00M | $21.00M | $20.00M | $20.00M | $18.00M | $17.00M | $15.00M | $12.00M | $11.00M | $7.00M |
| Total Liabilities | $1.69B | $475.00M | $500.00M | $507.00M | $493.00M | $469.00M | $464.00M | $515.00M | $466.00M | $469.00M | $543.00M | $485.00M | $476.00M | $476.00M |
| Common Stock | $2.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $-836.00M | $-675.00M | $-700.00M | $-725.00M | $-747.00M | $-770.00M | $-783.00M | $-807.00M | $-828.00M | $-975.00M | $-1.01B | $-1.04B | $-1.07B | $-1.11B |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | $3.00M | - | - |
| Total Stockholders Equity | $2.23B | $1.18B | $1.16B | $1.14B | $1.12B | $1.11B | $1.09B | $1.08B | $1.06B | $904.00M | $874.00M | $841.00M | $842.00M | $804.00M |
| Total Liabilities & Equity | $3.92B | $1.66B | $1.66B | $1.65B | $1.62B | $1.59B | $1.56B | $1.59B | $1.53B | $1.38B | $1.42B | $1.33B | $1.32B | $1.28B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $-161.00M | $25.00M | $25.00M | $22.00M | $23.00M | $58.00M | $45.00M | $21.00M | $147.00M | $35.00M | $34.00M | $31.00M | $32.00M | $96.00M |
| Depreciation & Amortization | $20.00M | $11.00M | $10.00M | $11.00M | $10.00M | $24.00M | $16.00M | $7.00M | $7.00M | $19.00M | $12.00M | $6.00M | $5.00M | $14.00M |
| Stock-based Compensation | $17.00M | $12.00M | $8.00M | $4.00M | $4.00M | $9.00M | $6.00M | $2.00M | $4.00M | $11.00M | $7.00M | $3.00M | $4.00M | - |
| Deferred Income Tax | $-33.00M | $17.00M | $11.00M | $5.00M | $5.00M | $20.00M | $13.00M | $6.00M | $-119.00M | - | - | - | - | - |
| Change in Receivables | $-75.00M | $35.00M | $45.00M | $52.00M | $-53.00M | $-28.00M | $-28.00M | $-23.00M | $-14.00M | $-2.00M | $17.00M | $25.00M | $-15.00M | $110.00M |
| Change in Inventory | $-131.00M | $24.00M | $28.00M | $32.00M | $-14.00M | $-66.00M | $-31.00M | $-3.00M | $-47.00M | $35.00M | $43.00M | $26.00M | $16.00M | $122.00M |
| Operating Cash Flow | $83.00M | $72.00M | $29.00M | $-16.00M | $122.00M | $176.00M | $102.00M | $81.00M | $105.00M | $83.00M | $79.00M | $-6.00M | $6.00M | $-6.00M |
| Capital Expenditure | $7.00M | $14.00M | $10.00M | $6.00M | $3.00M | $6.00M | $4.00M | $1.00M | $2.00M | $15.00M | $11.00M | $5.00M | $2.00M | $7.00M |
| Acquisitions | $566.00M | $8.00M | $8.00M | - | $114.00M | $185.00M | $185.00M | $185.00M | $-1.00M | $33.00M | $33.00M | - | $59.00M | $21.00M |
| Investing Cash Flow | $-571.00M | $-19.00M | $-16.00M | $-5.00M | $-114.00M | $-190.00M | $-188.00M | $-188.00M | $-1.00M | $-47.00M | $-43.00M | $-5.00M | $-61.00M | $-26.00M |
| Stock Repurchased | $10.00M | $27.00M | $27.00M | $8.00M | $5.00M | $18.00M | $11.00M | $1.00M | $1.00M | $49.00M | $44.00M | $33.00M | $3.00M | $4.00M |
| Financing Cash Flow | $384.00M | $-45.00M | $-40.00M | $-17.00M | $-8.00M | $-25.00M | $-15.00M | $-4.00M | $-1.00M | $-54.00M | $-47.00M | $-34.00M | $-5.00M | $-5.00M |
| Net Change in Cash | $-102.00M | $10.00M | $-24.00M | $-37.00M | $-5.00M | $-38.00M | $-102.00M | $-111.00M | $105.00M | $-18.00M | $-9.00M | $-44.00M | $-55.00M | $-46.00M |
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 | $634.00M | - | $1.86B | - |
| Cost of Revenue | $489.00M | - | $1.43B | - |
| Operating Income | $33.00M | - | $95.00M | - |
| Other Income/Expense | $-1.00M | - | $-1.00M | - |
| Income Before Tax | $32.00M | - | $94.00M | - |
| Income Tax Expense | $7.00M | - | $21.00M | - |
| Net Income | $25.00M | $25.00M | $72.00M | - |
| Basic EPS | 0.23 | - | 0.66 | - |
| Diluted EPS | 0.23 | - | 0.66 | - |
| Basic Shares Outstanding | $105.01M | - | $105.48M | - |
| Diluted Shares Outstanding | $105.61M | - | $106.12M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $266.00M | $256.00M |
| Accounts Receivable | $429.00M | $388.00M |
| Inventory | $377.00M | $352.00M |
| Other Current Assets | $24.00M | $32.00M |
| Total Current Assets | $1.10B | $1.03B |
| Property Plant & Equipment | $149.00M | $157.00M |
| Goodwill | $235.00M | $230.00M |
| Intangible Assets | $60.00M | $65.00M |
| Other Non-current Assets | $44.00M | $48.00M |
| Total Assets | $1.66B | $1.62B |
| Accounts Payable | $305.00M | $300.00M |
| Accrued Liabilities | $118.00M | $130.00M |
| Other Current Liabilities | $12.00M | $12.00M |
| Total Current Liabilities | $435.00M | $442.00M |
| Other Non-current Liabilities | $15.00M | $22.00M |
| Total Liabilities | $475.00M | $493.00M |
| Common Stock | $1.00M | $1.00M |
| Retained Earnings | $-675.00M | $-747.00M |
| Total Stockholders Equity | $1.18B | $1.12B |
| Total Liabilities & Equity | $1.66B | $1.62B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $25.00M | $25.00M | $72.00M | - |
| Depreciation & Amortization | $11.00M | - | $32.00M | - |
| Stock-based Compensation | - | - | $12.00M | - |
| Deferred Income Tax | - | - | $17.00M | - |
| Change in Receivables | - | - | $35.00M | - |
| Change in Inventory | - | - | $24.00M | - |
| Operating Cash Flow | - | - | $72.00M | - |
| Capital Expenditure | - | - | $14.00M | - |
| Acquisitions | - | - | $8.00M | - |
| Investing Cash Flow | - | - | $-19.00M | - |
| Stock Repurchased | - | - | $27.00M | - |
| Financing Cash Flow | - | - | $-45.00M | - |
| Net Change in Cash | - | - | $10.00M | - |
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.