$1.88B
Revenue
$-110.32M
Net Income
23.03%
Gross Margin
-4.72%
Op. Margin
$-14.84M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $1.88B | $1.87B | $1.77B | $1.94B | $1.74B | $1.23B | $1.02B |
| Revenue Growth % | 0.3% | 5.6% | -8.5% | 11.0% | 42.1% | 20.1% | nan% |
| Cost of Revenue | $1.44B | $1.45B | $1.34B | $1.40B | $1.19B | $870.75M | $787.45M |
| Gross Profit | $432.36M | $427.02M | $435.06M | $535.13M | $553.65M | $357.45M | $235.52M |
| Gross Margin % | 23.0% | 22.8% | 24.5% | 27.6% | 31.7% | 29.1% | 23.0% |
| Selling General & Admin | $345.57M | $343.29M | $332.68M | $345.52M | $302.11M | $199.05M | $143.40M |
| Operating Income | $-88.65M | $-85.45M | $64.82M | $18.07M | $217.83M | $148.88M | $78.47M |
| Operating Margin % | -4.7% | -4.6% | 3.7% | 0.9% | 12.5% | 12.1% | 7.7% |
| Interest Expense | $35.83M | $36.18M | $37.05M | $34.56M | $13.20M | $4.34M | $8.83M |
| Other Income/Expense | $-667.00K | $-1.43M | $-14.00K | $-953.00K | $-3.79M | $248.00K | $-155.00K |
| Income Before Tax | $-153.75M | $-151.53M | $-6.33M | $-42.52M | $195.84M | $142.22M | $54.84M |
| Income Tax Expense | $-43.42M | $-35.30M | $-157.00K | $-3.41M | $43.23M | $25.80M | $6.33M |
| Net Income | $-110.32M | $-114.58M | $-5.71M | $-38.59M | $130.94M | $79.06M | $17.43M |
| Net Margin % | -5.9% | -6.1% | -0.3% | -2.0% | 7.5% | 6.4% | 1.7% |
| Basic EPS | nan | nan | nan | nan | nan | nan | 2.79 |
| Diluted EPS | nan | nan | nan | nan | nan | nan | 2.77 |
| Basic Shares Outstanding | - | - | - | - | - | - | 6.2M |
| Diluted Shares Outstanding | - | - | - | - | - | - | 6.3M |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $52.17M | $16.85M | $84.65M | $42.07M | $62.61M | $66.09M |
| Accounts Receivable | $60.88M | $73.27M | $113.17M | $57.96M | $28.53M | $18.48M |
| Inventory | $539.79M | $590.84M | $609.62M | $372.96M | $143.88M | $150.12M |
| Other Current Assets | $53.72M | $85.92M | $65.80M | $75.02M | $34.58M | $15.30M |
| Total Current Assets | $719.21M | $777.37M | $881.90M | $566.89M | $280.94M | $252.06M |
| Property Plant & Equipment | $91.58M | $93.22M | $81.53M | $109.71M | $67.11M | $18.44M |
| Goodwill | $258.95M | $336.60M | $336.60M | $378.59M | $168.49M | $113.06M |
| Intangible Assets | $130.20M | $205.39M | $212.32M | $306.47M | $85.29M | $61.30M |
| Other Non-current Assets | $2.31M | $1.30M | - | $696.87M | $283.42M | $187.57M |
| Total Assets | $1.40B | $1.59B | $1.69B | $1.50B | $720.61M | $458.07M |
| Accounts Payable | $43.76M | $32.11M | $27.11M | $27.31M | $18.11M | $12.78M |
| Total Current Liabilities | $631.30M | $607.72M | $668.95M | $452.10M | $227.63M | $185.74M |
| Long-term Debt | $334.20M | $414.93M | $428.44M | $421.16M | $103.07M | $81.98M |
| Other Non-current Liabilities | $2.54M | $12.56M | $13.69M | $23.17M | $14.99M | $1.48M |
| Total Liabilities | $1.12B | $1.20B | $1.28B | $1.05B | $465.78M | $284.78M |
| Retained Earnings | $44.95M | $159.62M | $165.43M | $204.88M | $74.95M | $16.76M |
| Total Stockholders Equity | $284.95M | $360.81M | $358.61M | $385.32M | $225.93M | $122.85M |
| Total Liabilities & Equity | $1.40B | $1.59B | $1.69B | $1.50B | $720.61M | $458.07M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|
| Net Income | $-110.32M | $-114.58M | $-5.71M | $-38.59M | $130.94M | $79.06M | $17.43M |
| Depreciation & Amortization | $29.43M | $24.44M | $22.19M | $26.79M | $16.30M | $5.41M | $3.25M |
| Stock-based Compensation | $16.89M | $10.50M | $8.44M | $8.96M | $10.01M | $5.74M | $2.21M |
| Deferred Income Tax | $-54.40M | $-35.85M | $-334.00K | $-23.03M | $5.74M | $3.73M | $509.00K |
| Change in Receivables | $-11.76M | $-15.21M | $1.48M | $10.05M | $3.71M | $9.53M | $3.19M |
| Change in Inventory | $42.62M | $-47.91M | $-24.64M | $232.28M | $167.18M | $-25.29M | $-127.21M |
| Change in Payables | $25.30M | $11.65M | $233.00K | $197.00K | $6.42M | $-26.00K | $7.24M |
| Operating Cash Flow | $6.48M | $91.75M | $34.84M | $-129.76M | $7.45M | $159.42M | $212.48M |
| Capital Expenditure | $21.32M | $12.02M | $25.92M | $21.25M | $11.40M | $9.90M | $6.31M |
| Acquisitions | - | $-713.00K | $5.71M | $28.88M | $459.54M | $107.47M | - |
| Investing Cash Flow | $-20.30M | $-11.60M | $13.32M | $-51.60M | $-476.84M | $-117.13M | $-4.67M |
| Debt Repayment | $74.25M | $42.15M | $78.38M | $18.34M | $88.03M | $8.88M | $121.80M |
| Stock Issued | - | - | - | - | - | - | $8.07M |
| Stock Repurchased | - | - | - | $1.58M | $354.00K | - | - |
| Dividends Paid | - | - | - | - | - | $1.03M | - |
| Financing Cash Flow | $77.18M | $-42.61M | $-114.11M | $213.72M | $456.40M | $-36.50M | $-151.14M |
| Net Change in Cash | $63.31M | $37.48M | $-65.97M | $32.36M | $-13.00M | $5.80M | $56.66M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $380.56M | $375.81M |
| Cost of Revenue | $291.17M | $291.76M |
| Selling General & Admin | $81.35M | $79.06M |
| Operating Income | $-5.17M | $-1.97M |
| Interest Expense | $8.64M | $8.99M |
| Other Income/Expense | $-125.00K | $-887.00K |
| Income Before Tax | $-21.09M | $-18.87M |
| Income Tax Expense | $-13.38M | $-5.26M |
| Net Income | $-7.71M | $-11.97M |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $32.23M | $52.17M |
| Accounts Receivable | $39.60M | $60.88M |
| Inventory | $601.51M | $539.79M |
| Other Current Assets | $45.95M | $53.72M |
| Total Current Assets | $782.30M | $719.21M |
| Property Plant & Equipment | $59.07M | $91.58M |
| Goodwill | $258.95M | $258.95M |
| Intangible Assets | $128.72M | $130.20M |
| Other Non-current Assets | $2.65M | $2.31M |
| Total Assets | $1.44B | $1.40B |
| Accounts Payable | $42.75M | $43.76M |
| Total Current Liabilities | $690.05M | $631.30M |
| Long-term Debt | $325.78M | $334.20M |
| Other Non-current Liabilities | $2.10M | $2.54M |
| Total Liabilities | $1.16B | $1.12B |
| Retained Earnings | $37.24M | $44.95M |
| Total Stockholders Equity | $277.49M | $284.95M |
| Total Liabilities & Equity | $1.44B | $1.40B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-7.71M | $-11.97M |
| Depreciation & Amortization | $4.99M | $6.04M |
| Stock-based Compensation | $2.14M | $2.17M |
| Deferred Income Tax | $-13.44M | $-5.06M |
| Change in Receivables | $-12.09M | $-16.36M |
| Change in Inventory | $79.16M | $45.80M |
| Change in Payables | $483.00K | $-2.84M |
| Operating Cash Flow | $-76.29M | $-37.44M |
| Capital Expenditure | $1.94M | $2.60M |
| Investing Cash Flow | $-2.07M | $-2.78M |
| Debt Repayment | $14.85M | $3.43M |
| Financing Cash Flow | $55.98M | $49.42M |
| Net Change in Cash | $-22.39M | $9.22M |
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.