$2.44B
Revenue
$-51.00M
Net Income
51.73%
Gross Margin
0.99%
Op. Margin
$529.50M
Free Cash Flow
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Total Revenue | $656.50M | $550.80M | $606.90M | $624.00M | $673.90M | $586.00M |
| Revenue Growth % (YoY) | -2.6% | -6.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $325.20M | $267.10M | $278.80M | $306.00M | $355.60M | $282.20M |
| Gross Profit | $331.30M | $283.70M | $328.10M | $318.10M | $318.40M | $303.80M |
| Gross Margin % | 50.5% | 51.5% | 54.1% | 51.0% | 47.2% | 51.8% |
| Operating Expenses | $345.60M | $242.40M | $298.50M | $350.50M | $364.30M | $291.20M |
| Research & Development | $65.00M | $62.10M | $55.80M | $59.60M | $60.30M | $58.50M |
| Operating Income | $-14.30M | $41.30M | $29.60M | $-32.40M | $-45.90M | $12.50M |
| Operating Margin % | -2.2% | 7.5% | 4.9% | -5.2% | -6.8% | 2.1% |
| Interest Expense | $67.10M | $33.30M | $34.30M | $92.90M | $76.10M | $38.70M |
| Interest Income | $9.20M | $9.80M | $9.00M | $7.90M | $7.70M | $8.10M |
| Other Income/Expense | $100.00K | $-300.00K | $100.00K | $-100.00K | $200.00K | $-100.00K |
| Income Before Tax | $-39.00M | $14.60M | $22.60M | $-46.90M | $-91.20M | - |
| Income Tax Expense | $-200.00K | $700.00K | $1.10M | $800.00K | $700.00K | $800.00K |
| Net Income | $-38.80M | $13.90M | $21.60M | $-47.70M | $-92.00M | $-900.00K |
| Net Margin % | -5.9% | 2.5% | 3.6% | -7.6% | -13.7% | -0.2% |
| Basic EPS | -0.09 | 0.03 | 0.06 | -0.12 | -0.24 | 0.00 |
| Diluted EPS | -0.09 | 0.03 | 0.06 | -0.12 | -0.24 | 0.00 |
| Basic Shares Outstanding | 421.3M | 413.1M | 4.1M | 394.0M | 385.6M | 378.8M |
| Diluted Shares Outstanding | 421.3M | 430.0M | 4.1M | 394.0M | 385.6M | 378.8M |
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.18B | $1.10B | $1.04B | $914.30M | $829.00M | $722.30M |
| Accounts Receivable | $94.60M | $70.40M | $101.20M | $93.60M | $96.80M | $101.80M |
| Inventory | $214.90M | $237.70M | $205.60M | $213.50M | $257.80M | $333.30M |
| Other Current Assets | $67.00M | $100.40M | $91.30M | $118.90M | $123.90M | $127.60M |
| Total Current Assets | $1.56B | $1.51B | $1.44B | $1.34B | $1.31B | $1.29B |
| Property Plant & Equipment | $191.60M | $219.30M | $239.00M | $257.50M | $294.70M | $330.50M |
| Goodwill | $44.00M | $44.00M | $41.20M | $41.20M | $41.20M | $41.20M |
| Intangible Assets | $1.10M | $3.40M | $5.60M | $7.80M | $10.00M | $12.40M |
| Other Non-current Assets | $17.50M | $16.70M | $16.80M | $18.90M | $21.10M | $21.30M |
| Total Assets | $2.16B | $2.17B | $2.13B | $2.06B | $2.11B | $2.16B |
| Deferred Revenue | $155.70M | $140.60M | $150.70M | $156.40M | $159.70M | $154.50M |
| Other Current Liabilities | $3.30M | $1.00M | $2.00M | $1.00M | $4.40M | $2.90M |
| Total Current Liabilities | $784.80M | $795.00M | $803.90M | $811.70M | $634.70M | $640.20M |
| Long-term Debt | $1.53B | - | - | - | - | - |
| Other Non-current Liabilities | $36.00M | $35.80M | $37.20M | $31.30M | $25.80M | $25.60M |
| Total Liabilities | $2.49B | $2.52B | $2.54B | $2.56B | $2.61B | $2.64B |
| Common Stock | - | - | - | - | - | - |
| Retained Earnings | $-5.63B | $-5.59B | $-5.60B | $-5.62B | $-5.58B | $-5.48B |
| Total Stockholders Equity | $-326.70M | $-347.00M | $-413.80M | $-491.30M | $-497.20M | $-480.30M |
| Total Liabilities & Equity | $2.16B | $2.17B | $2.13B | $2.06B | $2.11B | $2.16B |
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Net Income | $-38.80M | $13.90M | $21.60M | $-140.50M | $-92.00M | $-900.00K |
| Depreciation & Amortization | $32.10M | $16.80M | $20.90M | $68.80M | $47.60M | $24.80M |
| Stock-based Compensation | $102.90M | $47.20M | $53.40M | $176.20M | $108.70M | $47.20M |
| Change in Receivables | $-6.50M | $-30.70M | $7.20M | $-10.00M | $-6.70M | $-2.00M |
| Change in Inventory | $4.30M | $30.00M | $-11.50M | $-125.00M | $-78.80M | $-700.00K |
| Operating Cash Flow | $143.80M | $71.90M | $117.10M | $215.90M | $119.20M | $12.50M |
| Capital Expenditure | $5.40M | $4.50M | $4.70M | $4.60M | $2.50M | $1.80M |
| Acquisitions | $2.20M | $2.20M | - | - | - | - |
| Investing Cash Flow | $-7.60M | $-6.70M | $-4.70M | $-400.00K | $1.70M | $2.40M |
| Debt Repayment | $5.00M | $2.50M | $2.50M | $7.50M | $5.00M | $2.50M |
| Financing Cash Flow | $-2.60M | $-1.70M | $-400.00K | $2.10M | $4.00M | $4.80M |
| Net Change in Cash | $137.40M | $63.90M | $123.80M | $211.10M | $126.10M | $21.20M |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $656.50M | - | $1.21B | - |
| Cost of Revenue | $325.20M | - | $592.30M | - |
| Gross Profit | $331.30M | - | $615.10M | - |
| Operating Expenses | $345.60M | - | $588.00M | - |
| Research & Development | $65.00M | - | $127.10M | - |
| Operating Income | $-14.30M | - | $27.00M | - |
| Interest Expense | $31.50M | - | $67.10M | - |
| Interest Income | $9.20M | - | $18.90M | - |
| Other Income/Expense | $100.00K | - | $-300.00K | - |
| Income Before Tax | $-39.00M | - | $-24.40M | - |
| Income Tax Expense | $-200.00K | - | $500.00K | - |
| Net Income | $-38.80M | - | $-24.80M | - |
| Basic EPS | -0.09 | - | -0.06 | - |
| Diluted EPS | -0.09 | - | -0.06 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.18B | $1.04B |
| Accounts Receivable | $94.60M | $101.20M |
| Inventory | $214.90M | $205.60M |
| Other Current Assets | $67.00M | $91.30M |
| Total Current Assets | $1.56B | $1.44B |
| Property Plant & Equipment | $191.60M | $239.00M |
| Goodwill | $44.00M | $41.20M |
| Intangible Assets | $1.10M | $5.60M |
| Other Non-current Assets | $17.50M | $16.80M |
| Total Assets | $2.16B | $2.13B |
| Deferred Revenue | $155.70M | $150.70M |
| Other Current Liabilities | $3.30M | $2.00M |
| Total Current Liabilities | $784.80M | $803.90M |
| Long-term Debt | $1.53B | - |
| Other Non-current Liabilities | $36.00M | $37.20M |
| Total Liabilities | $2.49B | $2.54B |
| Retained Earnings | $-5.63B | $-5.60B |
| Total Stockholders Equity | $-326.70M | $-413.80M |
| Total Liabilities & Equity | $2.16B | $2.13B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-38.80M | - | $-24.80M | - |
| Depreciation & Amortization | - | - | $32.10M | - |
| Stock-based Compensation | - | - | $102.90M | - |
| Change in Receivables | - | - | $-6.50M | - |
| Change in Inventory | - | - | $4.30M | - |
| Operating Cash Flow | - | - | $143.80M | - |
| Capital Expenditure | - | - | $5.40M | - |
| Acquisitions | - | - | $2.20M | - |
| Investing Cash Flow | - | - | $-7.60M | - |
| Debt Repayment | - | - | $5.00M | - |
| Financing Cash Flow | - | - | $-2.60M | - |
| Net Change in Cash | - | - | $137.40M | - |
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.