$1.18B
Revenue
$-122.25M
Net Income
60.21%
Gross Margin
12.15%
Op. Margin
$370.86M
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) |
|---|---|---|---|---|---|
| Total Revenue | $1.18B | $1.18B | $1.19B | $1.13B | $1.24B |
| Revenue Growth % | 0.0% | -0.4% | 5.1% | -8.9% | nan% |
| Cost of Revenue | $470.01M | $470.01M | $470.75M | $540.57M | $557.82M |
| Gross Profit | $711.17M | $711.17M | $715.75M | $588.63M | $681.99M |
| Gross Margin % | 60.2% | 60.2% | 60.3% | 52.1% | 55.0% |
| Operating Expenses | $567.67M | $567.67M | $617.97M | $810.24M | $649.59M |
| Selling General & Admin | $445.21M | $445.21M | $510.45M | $386.16M | - |
| Operating Income | $143.50M | $143.50M | $97.78M | $-221.61M | $32.41M |
| Operating Margin % | 12.1% | 12.1% | 8.2% | -19.6% | 2.6% |
| Interest Expense | $112.01M | $70.27M | $65.41M | $81.57M | $79.77M |
| Interest Income | - | - | - | $6.16M | $1.63M |
| Other Income/Expense | $-1.37M | $-1.37M | $-7.55M | $6.54M | $1.38M |
| Income Before Tax | $91.47M | $91.47M | $42.71M | $-284.54M | $-43.34M |
| Income Tax Expense | $208.11M | $208.11M | $197.59M | $151.36M | $161.82M |
| Net Income | $-122.25M | $-122.25M | $-160.58M | $-533.14M | $-252.73M |
| Net Margin % | -10.3% | -10.3% | -13.5% | -47.2% | -20.4% |
| Basic EPS | nan | -0.58 | -0.79 | -2.28 | -1.06 |
| Diluted EPS | nan | -0.58 | -0.79 | -2.28 | -1.06 |
| Basic Shares Outstanding | - | 191.3M | 190.0M | 189.0M | 188.0M |
| Diluted Shares Outstanding | - | 191.3M | 190.0M | 189.0M | 188.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $255.53M | $238.80M | $201.37M | $212.27M |
| Short-term Investments | - | $60.39M | - | - |
| Accounts Receivable | $10.50M | $8.29M | $6.70M | $9.44M |
| Inventory | $242.30M | $231.37M | $213.12M | $297.81M |
| Other Current Assets | $25.50M | $26.21M | $23.73M | $51.25M |
| Total Current Assets | $562.72M | $604.56M | $477.35M | $592.95M |
| Property Plant & Equipment | $670.44M | $716.05M | $676.35M | $796.95M |
| Goodwill | $483.90M | $483.90M | $483.90M | $791.50M |
| Intangible Assets | $798.37M | $859.48M | $917.19M | $1.01B |
| Other Non-current Assets | $10.02M | $19.84M | $10.38M | $14.72M |
| Total Assets | $2.70B | $2.87B | $2.73B | $3.40B |
| Accounts Payable | $26.78M | $20.23M | - | - |
| Deferred Revenue | $9.59M | $8.03M | $1.33M | $9.50M |
| Total Current Liabilities | $126.94M | $138.49M | $114.85M | $209.70M |
| Long-term Debt | $136.74M | $364.84M | - | - |
| Deferred Tax Liabilities | $177.99M | $196.54M | $206.96M | $224.14M |
| Other Non-current Liabilities | $11.45M | $4.95M | $7.09M | $26.18M |
| Total Liabilities | $1.55B | $1.62B | $1.32B | $1.47B |
| Common Stock | - | - | - | - |
| Retained Earnings | $-912.12M | $-795.74M | $-640.64M | $-113.84M |
| Total Stockholders Equity | $1.14B | $1.25B | $1.41B | $1.93B |
| Total Liabilities & Equity | $2.70B | $2.87B | $2.73B | $3.40B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-122.25M | $-122.25M | $-160.58M | $-533.14M | $-252.73M |
| Depreciation & Amortization | $117.63M | $117.63M | $112.81M | $109.83M | $119.37M |
| Stock-based Compensation | $35.11M | $20.47M | $20.20M | $10.57M | $18.12M |
| Deferred Income Tax | $-32.42M | $-17.85M | $-10.37M | $-17.17M | $-27.17M |
| Change in Receivables | $9.70M | $3.72M | $-741.00K | $1.71M | $4.21M |
| Change in Inventory | $28.93M | $10.93M | $18.73M | $-83.30M | $83.43M |
| Operating Cash Flow | $460.39M | $272.82M | $271.48M | $201.84M | $23.10M |
| Capital Expenditure | $89.53M | $44.19M | $121.52M | $40.38M | $164.75M |
| Acquisitions | - | - | - | - | $27.78M |
| Investing Cash Flow | $91.69M | $13.50M | $-206.62M | $-37.47M | $-215.06M |
| Financing Cash Flow | $-285.33M | $-270.50M | $-33.44M | $-175.59M | $177.80M |
| Net Change in Cash | $266.75M | $15.82M | $31.43M | $-11.21M | $-14.16M |
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 | $288.19M | $284.28M | $888.03M | $885.35M |
| Cost of Revenue | $118.33M | $111.01M | $352.03M | $356.62M |
| Gross Profit | $169.86M | $173.28M | $536.00M | $528.73M |
| Operating Expenses | $127.62M | $172.66M | $407.80M | $432.26M |
| Selling General & Admin | $99.02M | $148.62M | $318.91M | $352.52M |
| Operating Income | $42.24M | $618.00K | $128.20M | $96.47M |
| Interest Expense | $16.09M | $17.46M | $41.59M | $41.61M |
| Other Income/Expense | $-1.25M | $-198.00K | $-1.99M | $-4.78M |
| Income Before Tax | $29.30M | $-12.84M | $88.53M | $55.62M |
| Income Tax Expense | $53.04M | $47.38M | $160.22M | $150.02M |
| Net Income | $-28.78M | $-61.86M | $-78.65M | $-99.02M |
| Basic Shares Outstanding | $191.28M | $190.19M | $191.20M | $190.00M |
| Diluted Shares Outstanding | $191.28M | $190.19M | $191.20M | $190.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $449.20M | $238.80M |
| Short-term Investments | - | $60.39M |
| Accounts Receivable | $10.49M | $8.29M |
| Inventory | $243.29M | $231.37M |
| Other Current Assets | $22.09M | $26.21M |
| Total Current Assets | $756.45M | $604.56M |
| Property Plant & Equipment | $693.98M | $716.05M |
| Goodwill | $483.90M | $483.90M |
| Intangible Assets | $815.31M | $859.48M |
| Other Non-current Assets | $10.42M | $19.84M |
| Total Assets | $2.94B | $2.87B |
| Deferred Revenue | $8.90M | $8.03M |
| Total Current Liabilities | $124.13M | $138.49M |
| Deferred Tax Liabilities | $181.88M | $196.54M |
| Other Non-current Liabilities | $11.77M | $4.95M |
| Total Liabilities | $1.76B | $1.62B |
| Common Stock | - | - |
| Retained Earnings | $-869.23M | $-795.74M |
| Total Stockholders Equity | $1.19B | $1.25B |
| Total Liabilities & Equity | $2.94B | $2.87B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-28.78M | $-61.86M | $-78.65M | $-99.02M |
| Depreciation & Amortization | $29.46M | $28.33M | $88.21M | $84.16M |
| Stock-based Compensation | - | - | $16.49M | $15.58M |
| Deferred Income Tax | - | - | $-14.67M | $-2.68M |
| Change in Receivables | - | - | $3.40M | $712.00K |
| Change in Inventory | - | - | $11.92M | $8.28M |
| Operating Cash Flow | - | - | $213.60M | $240.81M |
| Capital Expenditure | - | - | $40.78M | $79.90M |
| Investing Cash Flow | - | - | $19.39M | $-183.43M |
| Financing Cash Flow | - | - | $-15.11M | $-27.08M |
| Net Change in Cash | - | - | $217.90M | $30.29M |
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.