$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $809.48M | $823.73M | $776.01M | $895.73M | $934.72M | $986.02M |
| Revenue Growth % (YoY) | -13.4% | -16.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $668.57M | $680.33M | $663.92M | $749.26M | $754.85M | $795.97M |
| Gross Profit | $140.91M | $143.40M | $112.08M | $146.48M | $179.87M | $190.04M |
| Gross Margin % | 17.4% | 17.4% | 14.4% | 16.4% | 19.2% | 19.3% |
| Selling General & Admin | $137.71M | $148.48M | $144.77M | $157.98M | $143.29M | $168.45M |
| Operating Income | $-202.52M | $-13.92M | $-184.95M | $-50.90M | $-52.41M | $5.15M |
| Operating Margin % | -25.0% | -1.7% | -23.8% | -5.7% | -5.6% | 0.5% |
| Interest Expense | $17.43M | $16.49M | $14.92M | $18.66M | $16.32M | $16.56M |
| Other Income/Expense | $1.10M | $4.60M | $10.59M | $4.55M | $3.48M | $2.49M |
| Income Before Tax | $-218.85M | $-25.81M | $-189.52M | $-65.02M | $-65.71M | $-8.93M |
| Income Tax Expense | $148.75M | $-3.51M | $618.00K | $3.38M | $7.25M | $9.56M |
| Net Income | $-367.60M | $-21.52M | $-190.14M | $-68.40M | $-74.40M | $-18.49M |
| Net Margin % | -45.4% | -2.6% | -24.5% | -7.6% | -8.0% | -1.9% |
| Basic EPS | -4.30 | -0.25 | -2.24 | -0.80 | -0.88 | -0.22 |
| Diluted EPS | -4.30 | -0.25 | -2.24 | -0.80 | -0.88 | -0.22 |
| Basic Shares Outstanding | 85.4M | 85.3M | 84.9M | -125K | 84.6M | 85.3M |
| Diluted Shares Outstanding | 85.4M | 85.3M | 84.9M | -125K | 84.6M | 85.3M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $106.68M | $134.11M | $132.47M | $150.34M | $208.50M | $212.82M |
| Accounts Receivable | $442.74M | $447.59M | $453.60M | $388.42M | $491.91M | $507.49M |
| Inventory | $466.85M | $466.60M | $444.43M | $460.11M | $481.68M | $487.70M |
| Other Current Assets | $80.75M | $73.56M | $77.38M | $73.41M | $75.19M | $63.46M |
| Total Current Assets | $1.10B | $1.12B | $1.11B | $1.20B | $1.41B | $1.42B |
| Property Plant & Equipment | - | - | - | $681.44M | - | - |
| Goodwill | - | $196.56M | $185.16M | $315.17M | $326.41M | $381.75M |
| Intangible Assets | $100.01M | $100.48M | $100.55M | $101.99M | $103.32M | $105.38M |
| Other Non-current Assets | $58.21M | $59.21M | $56.72M | $52.14M | $39.16M | $38.22M |
| Total Assets | $2.17B | $2.54B | $2.42B | $2.62B | $2.83B | $2.89B |
| Accounts Payable | $290.40M | $286.83M | $269.18M | $264.95M | $318.86M | $310.22M |
| Accrued Liabilities | $218.61M | $221.82M | $216.49M | $224.21M | $253.13M | $243.37M |
| Deferred Revenue | - | - | - | $5.40M | - | - |
| Total Current Liabilities | $625.32M | $633.01M | $593.38M | $624.99M | $693.92M | $697.70M |
| Long-term Debt | $1.15B | $1.16B | $1.16B | $1.15B | $1.18B | $1.18B |
| Deferred Tax Liabilities | $14.10M | $6.48M | $5.66M | $5.70M | $6.25M | $5.47M |
| Other Non-current Liabilities | - | - | - | $5.09M | - | - |
| Total Liabilities | $2.06B | $2.07B | $1.97B | $2.00B | $2.11B | $2.12B |
| Common Stock | $854.00K | $853.00K | $851.00K | $846.00K | $846.00K | $845.00K |
| Retained Earnings | $-599.61M | $-232.02M | $-210.49M | $-20.35M | $48.04M | $122.45M |
| Total Stockholders Equity | $113.94M | $477.12M | $452.14M | $620.06M | $720.29M | $770.02M |
| Total Liabilities & Equity | $2.17B | $2.54B | $2.42B | $2.62B | $2.83B | $2.89B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-367.60M | $-211.66M | $-190.14M | $-68.40M | $-74.40M | $-18.49M |
| Depreciation & Amortization | $83.04M | $54.73M | $27.30M | $28.23M | $97.55M | $69.68M |
| Stock-based Compensation | $11.93M | $7.66M | $3.23M | $2.87M | $12.59M | $10.13M |
| Change in Receivables | $37.36M | $40.64M | $58.13M | $-81.88M | $-20.40M | $2.25M |
| Change in Inventory | $-9.06M | $-10.35M | $-21.30M | $-10.82M | $1.39M | $14.15M |
| Operating Cash Flow | $-37.70M | $-48.93M | $-83.49M | $28.19M | $78.03M | $40.38M |
| Capital Expenditure | $90.34M | $66.02M | $36.76M | $52.10M | $109.81M | $67.84M |
| Investing Cash Flow | $9.59M | $36.84M | $70.05M | $-46.94M | $-106.40M | $-69.65M |
| Stock Repurchased | - | - | - | - | $24.28M | $24.28M |
| Financing Cash Flow | $-22.50M | $-12.84M | $-6.60M | $-30.35M | $-50.28M | $-39.78M |
| Net Change in Cash | $-42.64M | $-16.20M | $-17.88M | $-58.27M | $-79.83M | $-75.51M |
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.