$1.44B
Revenue
$-77.00M
Net Income
44.75%
Gross Margin
3.27%
Op. Margin
$-71.00M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Total Revenue | $1.44B | $1.44B | $1.39B |
| Revenue Growth % | 0.0% | 3.8% | nan% |
| Cost of Revenue | $794.00M | $794.00M | $749.00M |
| Gross Profit | $643.00M | $643.00M | $636.00M |
| Gross Margin % | 44.7% | 44.7% | 45.9% |
| Operating Expenses | $1.37B | $1.37B | $1.22B |
| Selling General & Admin | $103.00M | $103.00M | $107.00M |
| Operating Income | $47.00M | $47.00M | $412.00M |
| Operating Margin % | 3.3% | 3.3% | 29.7% |
| Interest Expense | $61.00M | $61.00M | $61.00M |
| Other Income/Expense | $-41.00M | $-41.00M | $-34.00M |
| Income Before Tax | $-51.00M | $-51.00M | $333.00M |
| Income Tax Expense | $26.00M | $26.00M | $-113.00M |
| Net Income | $-77.00M | $-77.00M | $446.00M |
| Net Margin % | -5.4% | -5.4% | 32.2% |
| Basic EPS | nan | nan | 6.56 |
| Diluted EPS | nan | nan | 6.37 |
| Diluted Shares Outstanding | - | 65.0M | 71.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $339.00M | $478.00M |
| Accounts Receivable | $162.00M | $193.00M |
| Other Current Assets | $231.00M | $230.00M |
| Total Current Assets | $758.00M | $928.00M |
| Other Non-current Assets | $110.00M | $146.00M |
| Total Assets | $3.95B | $4.16B |
| Accounts Payable | $61.00M | $118.00M |
| Accrued Liabilities | $137.00M | $183.00M |
| Deferred Revenue | $58.00M | $63.00M |
| Other Current Liabilities | $313.00M | $383.00M |
| Total Current Liabilities | $374.00M | $501.00M |
| Long-term Debt | $613.00M | $610.00M |
| Deferred Tax Liabilities | $14.00M | $11.00M |
| Other Non-current Liabilities | $88.00M | $116.00M |
| Common Stock | $1.00M | $622.00K |
| Retained Earnings | $870.00M | $947.00M |
| Total Stockholders Equity | $2.86B | $2.92B |
| Total Liabilities & Equity | $3.95B | $4.16B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Net Income | $-91.00M | $-77.00M | $446.00M |
| Depreciation & Amortization | $293.00M | $238.00M | $168.00M |
| Stock-based Compensation | $33.00M | $20.00M | $17.00M |
| Deferred Income Tax | $39.00M | $22.00M | $-13.00M |
| Change in Receivables | - | $-23.00M | $-29.00M |
| Change in Payables | $-123.00M | $-47.00M | $65.00M |
| Operating Cash Flow | $-71.00M | $-28.00M | $88.00M |
| Investing Cash Flow | $-234.00M | $-113.00M | $226.00M |
| Stock Repurchased | - | - | $532.00M |
| Financing Cash Flow | $-3.00M | $-3.00M | $-532.00M |
| Net Change in Cash | $-301.00M | $-140.00M | $-223.00M |
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 | $363.00M | - | $1.07B | - |
| Operating Expenses | $337.00M | - | $1.02B | - |
| Selling General & Admin | $27.00M | - | $76.00M | - |
| Operating Income | $26.00M | - | $50.00M | - |
| Interest Expense | $15.00M | - | $45.00M | - |
| Other Income/Expense | $-4.00M | - | $-31.00M | - |
| Income Before Tax | - | - | $-12.00M | - |
| Income Tax Expense | $11.00M | - | $55.00M | - |
| Net Income | $-11.00M | $253.00M | $-67.00M | - |
| Basic EPS | -0.17 | - | -1.08 | - |
| Diluted EPS | -0.17 | - | -1.08 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $402.00M | $478.00M |
| Accounts Receivable | $179.00M | $193.00M |
| Other Current Assets | $223.00M | $230.00M |
| Total Current Assets | $830.00M | $928.00M |
| Other Non-current Assets | $123.00M | $146.00M |
| Total Assets | $4.07B | $4.16B |
| Accounts Payable | $72.00M | $118.00M |
| Other Current Liabilities | $367.00M | $383.00M |
| Total Current Liabilities | $439.00M | $501.00M |
| Long-term Debt | $612.00M | $610.00M |
| Deferred Tax Liabilities | $14.00M | $11.00M |
| Other Non-current Liabilities | $137.00M | $116.00M |
| Common Stock | $623.00K | $622.00K |
| Retained Earnings | $880.00M | $947.00M |
| Total Stockholders Equity | $2.87B | $2.92B |
| Total Liabilities & Equity | $4.07B | $4.16B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-11.00M | $253.00M | $-67.00M | - |
| Depreciation & Amortization | $58.00M | - | $169.00M | - |
| Stock-based Compensation | - | - | $14.00M | - |
| Deferred Income Tax | - | - | $19.00M | - |
| Change in Payables | - | - | $-36.00M | - |
| Operating Cash Flow | - | - | $12.00M | - |
| Investing Cash Flow | - | - | $-91.00M | - |
| Stock Repurchased | - | - | - | - |
| Financing Cash Flow | - | - | - | - |
| Net Change in Cash | - | - | $-77.00M | - |
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.