$3.30B
Revenue
$-647.66M
Net Income
16.43%
Gross Margin
-13.69%
Op. Margin
$-387.16M
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 | $809.48M | $823.73M | $776.01M | $895.73M | $934.72M | $986.02M | $959.13M | $1.02B | $1.08B | $1.13B | $1.22B | $1.33B | $1.30B |
| Revenue Growth % (YoY) | -13.4% | -16.5% | -19.1% | -12.3% | -13.2% | -12.4% | -21.6% | -23.3% | -16.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $668.57M | $680.33M | $663.92M | $749.26M | $754.85M | $795.97M | $786.55M | $829.38M | $853.38M | $900.21M | $990.55M | $1.09B | $1.05B |
| Gross Profit | $140.91M | $143.40M | $112.08M | $146.48M | $179.87M | $190.04M | $172.58M | $191.68M | $223.60M | $225.56M | $232.07M | $245.18M | $250.78M |
| Gross Margin % | 17.4% | 17.4% | 14.4% | 16.4% | 19.2% | 19.3% | 18.0% | 18.8% | 20.8% | 20.0% | 19.0% | 18.4% | 19.4% |
| Selling General & Admin | $137.71M | $148.48M | $144.77M | $157.98M | $143.29M | $168.45M | $182.80M | $177.22M | $162.82M | $162.48M | $185.51M | $200.22M | $192.39M |
| Operating Income | $-202.52M | $-13.92M | $-184.95M | $-50.90M | $-52.41M | $5.15M | $-28.28M | $7.50M | $48.08M | $56.27M | $37.30M | $38.61M | $-3.08M |
| Operating Margin % | -25.0% | -1.7% | -23.8% | -5.7% | -5.6% | 0.5% | -2.9% | 0.7% | 4.5% | 5.0% | 3.1% | 2.9% | -0.2% |
| Interest Expense | $17.43M | $16.49M | $14.92M | $18.66M | $16.32M | $16.56M | $15.69M | $13.18M | $16.74M | $20.85M | $21.22M | $22.71M | $21.14M |
| Other Income/Expense | $1.10M | $4.60M | $10.59M | $4.55M | $3.48M | $2.49M | $14.26M | $14.74M | $9.45M | $-2.16M | $5.27M | $18.97M | $7.69M |
| Income Before Tax | $-218.85M | $-25.81M | $-189.52M | $-65.02M | $-65.71M | $-8.93M | $-31.16M | $9.06M | $34.31M | $33.25M | $21.35M | $35.23M | $-16.53M |
| Income Tax Expense | $148.75M | $-3.51M | $618.00K | $3.38M | $7.25M | $9.56M | $-3.43M | $31.70M | $17.40M | $10.75M | $6.21M | $1.61M | $16.66M |
| Net Income | $-367.60M | $-21.52M | $-190.14M | $-68.40M | $-74.40M | $-18.49M | $-27.73M | $-34.76M | $43.78M | $38.28M | $15.13M | $33.62M | $-33.19M |
| Net Margin % | -45.4% | -2.6% | -24.5% | -7.6% | -8.0% | -1.9% | -2.9% | -3.4% | 4.1% | 3.4% | 1.2% | 2.5% | -2.6% |
| Basic EPS | -4.30 | -0.25 | -2.24 | -0.80 | -0.88 | -0.22 | -0.32 | -0.41 | 0.51 | 0.45 | 0.18 | 0.39 | -0.39 |
| Diluted EPS | -4.30 | -0.25 | -2.24 | -0.80 | -0.88 | -0.22 | -0.32 | -0.40 | 0.51 | 0.45 | 0.18 | 0.39 | -0.39 |
| Basic Shares Outstanding | 85.4M | 85.3M | 84.9M | -125K | 84.6M | 85.3M | 85.5M | 80K | 85.2M | 85.0M | 84.6M | -747K | 84.5M |
| Diluted Shares Outstanding | 85.4M | 85.3M | 84.9M | -125K | 84.6M | 85.3M | 85.5M | 145K | 86.3M | 85.8M | 85.1M | -942K | 84.5M |
| 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 | $106.68M | $134.11M | $132.47M | $150.34M | $208.50M | $212.82M | $234.45M | $288.31M | $239.22M | $188.95M | $202.55M | $219.41M | $199.81M |
| Accounts Receivable | $442.74M | $447.59M | $453.60M | $388.42M | $491.91M | $507.49M | $528.46M | $516.67M | $567.67M | $596.25M | $702.41M | $603.75M | $675.12M |
| Inventory | $466.85M | $466.60M | $444.43M | $460.11M | $481.68M | $487.70M | $490.56M | $481.45M | $518.44M | $547.80M | $637.80M | $666.46M | $725.86M |
| Other Current Assets | $80.75M | $73.56M | $77.38M | $73.41M | $75.19M | $63.46M | $75.97M | $71.51M | $69.77M | $65.01M | $80.31M | $78.79M | $108.41M |
| Total Current Assets | $1.10B | $1.12B | $1.11B | $1.20B | $1.41B | $1.42B | $1.47B | $1.49B | $1.53B | $1.76B | $1.75B | $1.70B | $1.84B |
| Property Plant & Equipment | - | - | - | $681.44M | - | - | - | $644.24M | - | - | - | - | - |
| Goodwill | - | $196.56M | $185.16M | $315.17M | $326.41M | $381.75M | $382.78M | $390.17M | $378.90M | $383.66M | $463.60M | $460.50M | $443.29M |
| Intangible Assets | $100.01M | $100.48M | $100.55M | $101.99M | $103.32M | $105.38M | $107.70M | $123.91M | $136.25M | $140.20M | $186.73M | $192.10M | $193.85M |
| Other Non-current Assets | $58.21M | $59.21M | $56.72M | $52.14M | $39.16M | $38.22M | $32.03M | $30.08M | $28.09M | $29.03M | $31.28M | $27.60M | $30.73M |
| Total Assets | $2.17B | $2.54B | $2.42B | $2.62B | $2.83B | $2.89B | $2.93B | $2.98B | $3.01B | $3.55B | $3.56B | $3.50B | $3.61B |
| Accounts Payable | $290.40M | $286.83M | $269.18M | $264.95M | $318.86M | $310.22M | $319.44M | $269.32M | $313.16M | $313.54M | $348.41M | $320.68M | $386.39M |
| Accrued Liabilities | $218.61M | $221.82M | $216.49M | $224.21M | $253.13M | $243.37M | $252.25M | $233.80M | $255.29M | $242.60M | $294.51M | $291.88M | $319.65M |
| Deferred Revenue | - | - | - | $5.40M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $625.32M | $633.01M | $593.38M | $624.99M | $693.92M | $697.70M | $704.76M | $678.91M | $736.31M | $857.22M | $810.57M | $786.63M | $909.66M |
| Long-term Debt | $1.15B | $1.16B | $1.16B | $1.15B | $1.18B | $1.18B | $1.19B | $1.19B | $1.19B | $1.64B | $1.72B | $1.71B | $1.77B |
| Deferred Tax Liabilities | $14.10M | $6.48M | $5.66M | $5.70M | $6.25M | $5.47M | $5.77M | $7.17M | $7.56M | $7.75M | $8.70M | $8.72M | $8.12M |
| Other Non-current Liabilities | - | - | - | $5.09M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.06B | $2.07B | $1.97B | $2.00B | $2.11B | $2.12B | $2.12B | $2.13B | $2.17B | $2.76B | $2.81B | $2.78B | $2.99B |
| Common Stock | $854.00K | $853.00K | $851.00K | $846.00K | $846.00K | $845.00K | $859.00K | $853.00K | $852.00K | $850.00K | $849.00K | $843.00K | $843.00K |
| Retained Earnings | $-599.61M | $-232.02M | $-210.49M | $-20.35M | $48.04M | $122.45M | $165.20M | $192.93M | $227.69M | $183.90M | $145.62M | $130.49M | $96.86M |
| Total Stockholders Equity | $113.94M | $477.12M | $452.14M | $620.06M | $720.29M | $770.02M | $811.55M | $850.64M | $837.16M | $782.38M | $747.76M | $723.55M | $625.10M |
| Total Liabilities & Equity | $2.17B | $2.54B | $2.42B | $2.62B | $2.83B | $2.89B | $2.93B | $2.98B | $3.01B | $3.55B | $3.56B | $3.50B | $3.61B |
| 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 | $-367.60M | $-211.66M | $-190.14M | $-68.40M | $-74.40M | $-18.49M | $-27.73M | $-34.76M | $43.78M | $38.28M | $15.13M | $33.62M | $-33.19M |
| Depreciation & Amortization | $83.04M | $54.73M | $27.30M | $28.23M | $97.55M | $69.68M | $41.43M | $37.49M | $102.70M | $71.75M | $32.79M | $34.13M | $97.62M |
| Stock-based Compensation | $11.93M | $7.66M | $3.23M | $2.87M | $12.59M | $10.13M | $5.06M | $5.22M | $13.18M | $9.69M | $4.38M | $5.22M | $-316.00K |
| Change in Receivables | $37.36M | $40.64M | $58.13M | $-81.88M | $-20.40M | $2.25M | $17.60M | $-61.10M | $50.23M | $75.95M | $100.23M | $-86.92M | $166.61M |
| Change in Inventory | $-9.06M | $-10.35M | $-21.30M | $-10.82M | $1.39M | $14.15M | $13.78M | $-44.79M | $-74.77M | $-50.07M | $-31.78M | $-73.42M | $146.99M |
| Operating Cash Flow | $-37.70M | $-48.93M | $-83.49M | $28.19M | $78.03M | $40.38M | $-11.00M | $72.20M | $272.98M | $153.37M | $-656.00K | $103.76M | $-73.43M |
| Capital Expenditure | $90.34M | $66.02M | $36.76M | $52.10M | $109.81M | $67.84M | $31.21M | $28.70M | $69.63M | $41.95M | $21.43M | $30.15M | $53.07M |
| Investing Cash Flow | $9.59M | $36.84M | $70.05M | $-46.94M | $-106.40M | $-69.65M | $-30.51M | $-19.67M | $298.84M | $-42.23M | $-19.03M | $-24.30M | $-42.73M |
| Stock Repurchased | - | - | - | - | $24.28M | $24.28M | - | - | - | - | - | - | $131.99M |
| Financing Cash Flow | $-22.50M | $-12.84M | $-6.60M | $-30.35M | $-50.28M | $-39.78M | $-6.81M | $-12.40M | $-550.75M | $-70.79M | $-99.00K | $-72.16M | $-47.86M |
| Net Change in Cash | $-42.64M | $-16.20M | $-17.88M | $-58.27M | $-79.83M | $-75.51M | $-53.94M | $49.24M | $19.04M | $42.57M | $-16.88M | $19.72M | $-195.74M |
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 | $809.48M | $934.72M | $2.41B | $2.88B |
| Cost of Revenue | $668.57M | $754.85M | $2.01B | $2.34B |
| Gross Profit | $140.91M | $179.87M | $396.39M | $542.50M |
| Selling General & Admin | $137.71M | $143.29M | $430.95M | $494.55M |
| Operating Income | $-202.52M | $-52.41M | $-401.40M | $-75.54M |
| Interest Expense | $17.43M | $16.32M | $48.83M | $48.58M |
| Other Income/Expense | $1.10M | $3.48M | $16.29M | $20.23M |
| Income Before Tax | $-218.85M | $-65.71M | $-434.19M | $-105.80M |
| Income Tax Expense | $148.75M | $7.25M | $145.85M | $13.38M |
| Net Income | $-367.60M | $-74.40M | $-579.26M | $-120.62M |
| Basic EPS | -4.30 | -0.88 | -6.80 | -1.42 |
| Diluted EPS | -4.30 | -0.88 | -6.80 | -1.42 |
| Basic Shares Outstanding | $85.39M | $84.55M | $85.21M | $85.12M |
| Diluted Shares Outstanding | $85.39M | $84.55M | $85.21M | $85.12M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $106.68M | $150.34M |
| Accounts Receivable | $442.74M | $388.42M |
| Inventory | $466.85M | $460.11M |
| Other Current Assets | $80.75M | $73.41M |
| Total Current Assets | $1.10B | $1.20B |
| Goodwill | - | $315.17M |
| Intangible Assets | $100.01M | $101.99M |
| Other Non-current Assets | $58.21M | $52.14M |
| Total Assets | $2.17B | $2.62B |
| Accounts Payable | $290.40M | $264.95M |
| Accrued Liabilities | $218.61M | $224.21M |
| Total Current Liabilities | $625.32M | $624.99M |
| Long-term Debt | $1.15B | $1.15B |
| Deferred Tax Liabilities | $14.10M | $5.70M |
| Total Liabilities | $2.06B | $2.00B |
| Common Stock | $854.00K | $846.00K |
| Retained Earnings | $-599.61M | $-20.35M |
| Total Stockholders Equity | $113.94M | $620.06M |
| Total Liabilities & Equity | $2.17B | $2.62B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-367.60M | $-74.40M | $-579.26M | $-120.62M |
| Depreciation & Amortization | - | - | $83.04M | $97.55M |
| Stock-based Compensation | - | - | $11.93M | $12.59M |
| Change in Receivables | - | - | $37.36M | $-20.40M |
| Change in Inventory | - | - | $-9.06M | $1.39M |
| Operating Cash Flow | - | - | $-37.70M | $78.03M |
| Capital Expenditure | - | - | $90.34M | $109.81M |
| Investing Cash Flow | - | - | $9.59M | $-106.40M |
| Stock Repurchased | - | - | - | $24.28M |
| Financing Cash Flow | - | - | $-22.50M | $-50.28M |
| Net Change in Cash | - | - | $-42.64M | $-79.83M |
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.