$20.32B
Revenue
$1.41B
Net Income
20.63%
Gross Margin
9.26%
Op. Margin
$1.30B
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $5.60B | $5.65B | $4.84B | $4.23B | $3.55B | $3.65B | $3.41B |
| Revenue Growth % (YoY) | 58.0% | 54.5% | 41.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.55B | $4.50B | $3.78B | $3.30B | $2.78B | $2.85B | $2.69B |
| Gross Profit | $1.05B | $1.15B | $1.06B | $929.00M | $763.00M | $807.00M | $715.00M |
| Gross Margin % | 18.8% | 20.3% | 22.0% | 22.0% | 21.5% | 22.1% | 21.0% |
| Selling General & Admin | $627.00M | $595.00M | $551.00M | $535.00M | $494.00M | $469.00M | $455.00M |
| Operating Income | $424.00M | $552.00M | $511.00M | $394.00M | $260.00M | $337.00M | $259.00M |
| Operating Margin % | 7.6% | 9.8% | 10.6% | 9.3% | 7.3% | 9.2% | 7.6% |
| Interest Expense | $-71.00M | $125.00M | $143.00M | $139.00M | $-388.00M | $157.00M | $173.00M |
| Other Income/Expense | $-2.16B | $-154.00M | $-60.00M | $122.00M | $50.00M | $-29.00M | $-35.00M |
| Income Tax Expense | $-2.78B | $-4.00M | - | $2.00M | $-3.00M | $-1.00M | $1.00M |
| Net Income | $857.00M | $151.00M | $183.00M | $216.00M | $79.00M | $85.00M | $18.00M |
| Net Margin % | 15.3% | 2.7% | 3.8% | 5.1% | 2.2% | 2.3% | 0.5% |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.33B | $2.14B | $1.86B | $1.86B | $1.72B | $871.00M | $542.00M |
| Accounts Receivable | $245.00M | $352.00M | $320.00M | $369.00M | $303.00M | $363.00M | $349.00M |
| Inventory | $2.41B | $2.32B | $2.02B | $1.50B | $1.61B | $1.30B | $1.22B |
| Other Current Assets | $168.00M | $166.00M | $167.00M | $149.00M | $122.00M | $149.00M | $121.00M |
| Total Current Assets | $6.55B | $6.26B | $5.67B | $5.14B | $4.87B | $3.77B | $3.48B |
| Goodwill | $10.00M | $3.00M | $2.00M | $2.00M | - | - | - |
| Intangible Assets | $47.00M | $35.00M | $32.00M | $35.00M | $34.00M | $39.00M | $43.00M |
| Other Non-current Assets | $274.00M | $385.00M | $507.00M | $531.00M | $368.00M | $286.00M | $317.00M |
| Total Assets | $13.20B | $9.85B | $9.37B | $8.88B | $8.48B | $7.37B | $7.17B |
| Accounts Payable | $236.00M | - | - | - | $236.00M | - | - |
| Deferred Revenue | $51.00M | - | - | - | $63.00M | - | - |
| Other Current Liabilities | $134.00M | $143.00M | $140.00M | $139.00M | $106.00M | $102.00M | $101.00M |
| Total Current Liabilities | $1.52B | $1.55B | $1.42B | $1.35B | $1.34B | $1.16B | $1.12B |
| Long-term Debt | $4.92B | $4.81B | $5.32B | $5.27B | $5.26B | $5.43B | $5.43B |
| Other Non-current Liabilities | $15.00M | $142.00M | $107.00M | $87.00M | $101.00M | $63.00M | $65.00M |
| Total Liabilities | $9.00B | $6.90B | $7.25B | $7.11B | $7.11B | $7.08B | $7.05B |
| Retained Earnings | $-9.00M | $-866.00M | $-1.02B | $-1.20B | $-1.42B | $-1.50B | $-1.58B |
| Total Stockholders Equity | $3.44B | $2.28B | $1.73B | $1.50B | $1.26B | $611.00M | $526.00M |
| Total Liabilities & Equity | $13.20B | $9.85B | $9.37B | $8.88B | $8.48B | $7.37B | $7.17B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $857.00M | $151.00M | $183.00M | $216.00M | $79.00M | $131.00M | $46.00M |
| Stock-based Compensation | $22.00M | $74.00M | $50.00M | $23.00M | $22.00M | $69.00M | $45.00M |
| Change in Receivables | $-105.00M | $56.00M | $22.00M | $68.00M | $-58.00M | $105.00M | $88.00M |
| Change in Inventory | $58.00M | $676.00M | $404.00M | $-114.00M | $301.00M | $154.00M | $70.00M |
| Operating Cash Flow | $430.00M | $606.00M | $261.00M | $232.00M | $60.00M | $858.00M | $455.00M |
| Capital Expenditure | $51.00M | $96.00M | $58.00M | $27.00M | $24.00M | $67.00M | $40.00M |
| Acquisitions | $109.00M | $51.00M | $24.00M | $24.00M | - | - | - |
| Investing Cash Flow | $-130.00M | $-100.00M | $-54.00M | $-35.00M | $-7.00M | $-6.00M | $9.00M |
| Stock Issued | - | $536.00M | - | - | $917.00M | - | - |
| Financing Cash Flow | $-92.00M | $-45.00M | $-37.00M | $-53.00M | $775.00M | $-514.00M | $-451.00M |
| Net Change in Cash | $208.00M | $461.00M | $170.00M | $144.00M | $828.00M | $338.00M | $13.00M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.