$20.32B
Revenue
$1.41B
Net Income
20.63%
Gross Margin
9.26%
Op. Margin
$1.30B
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 | $20.32B | $20.32B | $13.67B | $10.77B | $13.60B | $12.81B |
| Revenue Growth % | 0.0% | 48.6% | 26.9% | -20.8% | 6.2% | nan% |
| Cost of Revenue | $16.13B | $16.13B | $10.80B | $9.05B | $12.36B | $10.88B |
| Gross Profit | $4.19B | $4.19B | $2.88B | $1.72B | $1.25B | $1.93B |
| Gross Margin % | 20.6% | 20.6% | 21.0% | 16.0% | 9.2% | 15.1% |
| Selling General & Admin | $2.31B | $2.31B | $1.87B | $1.80B | $2.74B | $2.03B |
| Operating Income | $1.88B | $1.88B | $990.00M | $-80.00M | $-2.35B | - |
| Operating Margin % | 9.3% | 9.3% | 7.2% | -0.7% | -17.3% | nan% |
| Interest Expense | $336.00M | $336.00M | $115.00M | $632.00M | $486.00M | $176.00M |
| Other Income/Expense | $-2.25B | $-2.25B | $73.00M | $1.00M | $-70.00M | $-6.00M |
| Income Tax Expense | $-2.79B | $-2.79B | $-4.00M | $25.00M | $1.00M | $1.00M |
| Net Income | $1.41B | $1.41B | $210.00M | $450.00M | $-1.59B | $-135.00M |
| Net Margin % | 6.9% | 6.9% | 1.5% | 4.2% | -11.7% | -1.1% |
| Basic EPS | nan | 10.22 | 1.72 | 4.12 | -15.74 | -1.63 |
| Diluted EPS | nan | 8.45 | 1.59 | 0.75 | -15.74 | -1.63 |
| Basic Shares Outstanding | - | 137.6M | 122.3M | 109.3M | 100.8M | 82.8M |
| Diluted Shares Outstanding | - | 224.3M | 132.2M | 200.6M | 100.8M | 82.8M |
| 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 | $2.33B | $1.72B | $530.00M | $434.00M | $403.00M |
| Accounts Receivable | $245.00M | $303.00M | $266.00M | $253.00M | $206.00M |
| Inventory | $2.41B | $1.61B | $1.15B | $1.88B | $3.15B |
| Other Current Assets | $168.00M | $122.00M | $138.00M | $182.00M | $163.00M |
| Total Current Assets | $6.55B | $4.87B | $3.32B | $4.59B | $4.89B |
| Goodwill | $10.00M | - | - | - | $9.00M |
| Intangible Assets | $47.00M | $34.00M | $52.00M | $70.00M | $4.00M |
| Other Non-current Assets | $274.00M | $368.00M | $261.00M | $254.00M | $181.00M |
| Total Assets | $13.20B | $8.48B | $7.07B | $8.70B | $7.01B |
| Accounts Payable | $236.00M | $236.00M | - | - | - |
| Deferred Revenue | $51.00M | $63.00M | - | - | - |
| Other Current Liabilities | $134.00M | $106.00M | $83.00M | $80.00M | $29.00M |
| Total Current Liabilities | $1.52B | $1.34B | $1.54B | $2.59B | $2.89B |
| Long-term Debt | $4.92B | $5.26B | $5.42B | $6.57B | $3.21B |
| Other Non-current Liabilities | $15.00M | $101.00M | $70.00M | $78.00M | $31.00M |
| Total Liabilities | $9.00B | $7.11B | $7.46B | $9.75B | $6.49B |
| Retained Earnings | $-9.00M | $-1.42B | $-1.63B | $-2.08B | $-489.00M |
| Total Stockholders Equity | $3.44B | $1.26B | $243.00M | $-518.00M | $306.00M |
| Total Liabilities & Equity | $13.20B | $8.48B | $7.07B | $8.70B | $7.01B |
| 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 | $1.41B | $1.41B | $210.00M | $450.00M | $-1.59B | $-135.00M |
| Stock-based Compensation | $169.00M | $96.00M | $91.00M | $73.00M | $69.00M | $39.00M |
| Change in Receivables | $41.00M | $-49.00M | $47.00M | $22.00M | $-145.00M | $148.00M |
| Change in Inventory | $1.02B | $734.00M | $455.00M | $-711.00M | $-1.35B | $2.09B |
| Operating Cash Flow | $1.53B | $1.04B | $918.00M | $803.00M | $-1.32B | $-2.59B |
| Capital Expenditure | $232.00M | $147.00M | $91.00M | $87.00M | $512.00M | $557.00M |
| Acquisitions | $208.00M | $160.00M | - | $7.00M | $2.20B | - |
| Investing Cash Flow | $-319.00M | $-230.00M | $-13.00M | $31.00M | $-2.58B | $-627.00M |
| Stock Issued | - | $536.00M | $1.26B | $453.00M | - | - |
| Financing Cash Flow | $-227.00M | $-137.00M | $261.00M | $-868.00M | $3.90B | $3.53B |
| Net Change in Cash | $983.00M | $669.00M | $1.17B | $-34.00M | $-8.00M | $307.00M |
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 | $5.65B | - | $14.72B | - |
| Cost of Revenue | $4.50B | - | $11.58B | - |
| Gross Profit | $1.15B | - | $3.14B | - |
| Selling General & Admin | $595.00M | - | $1.68B | - |
| Operating Income | $552.00M | - | $1.46B | - |
| Interest Expense | $125.00M | - | $407.00M | - |
| Other Income/Expense | $-154.00M | - | $-92.00M | - |
| Income Tax Expense | $-4.00M | - | $-2.00M | - |
| Net Income | $151.00M | $48.00M | $550.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.14B | $1.72B |
| Accounts Receivable | $352.00M | $303.00M |
| Inventory | $2.32B | $1.61B |
| Other Current Assets | $166.00M | $122.00M |
| Total Current Assets | $6.26B | $4.87B |
| Goodwill | $3.00M | - |
| Intangible Assets | $35.00M | $34.00M |
| Other Non-current Assets | $385.00M | $368.00M |
| Total Assets | $9.85B | $8.48B |
| Other Current Liabilities | $143.00M | $106.00M |
| Total Current Liabilities | $1.55B | $1.34B |
| Long-term Debt | $4.81B | $5.26B |
| Other Non-current Liabilities | $142.00M | $101.00M |
| Total Liabilities | $6.90B | $7.11B |
| Retained Earnings | $-866.00M | $-1.42B |
| Total Stockholders Equity | $2.28B | $1.26B |
| Total Liabilities & Equity | $9.85B | $8.48B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $151.00M | $48.00M | $550.00M | - |
| Stock-based Compensation | - | - | $74.00M | - |
| Change in Receivables | - | - | $56.00M | - |
| Change in Inventory | - | - | $676.00M | - |
| Operating Cash Flow | - | - | $606.00M | - |
| Capital Expenditure | - | - | $96.00M | - |
| Acquisitions | - | - | $51.00M | - |
| Investing Cash Flow | - | - | $-100.00M | - |
| Stock Issued | - | - | $536.00M | - |
| Financing Cash Flow | - | - | $-45.00M | - |
| Net Change in Cash | - | - | $461.00M | - |
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.