$2.41B
Revenue
$-38.50M
Net Income
61.53%
Gross Margin
7.86%
Op. Margin
$787.00M
Free Cash Flow
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.41B | $2.38B | $2.31B | $2.22B | $2.17B | $1.74B |
| Revenue Growth % | 1.0% | 2.9% | 4.0% | 2.7% | 24.6% | nan% |
| Cost of Revenue | $925.70M | $899.70M | $831.00M | $721.40M | $664.30M | $548.20M |
| Gross Profit | $1.48B | $1.48B | $1.48B | $1.50B | $1.50B | $1.19B |
| Gross Margin % | 61.5% | 62.2% | 64.1% | 67.6% | 69.3% | 68.5% |
| Operating Expenses | $2.22B | $2.19B | $2.17B | $2.07B | $2.02B | $1.68B |
| Selling General & Admin | $692.50M | $692.70M | $742.70M | $745.60M | $714.70M | $557.80M |
| Operating Income | $189.20M | $194.80M | $140.30M | $149.90M | $145.60M | $63.00M |
| Operating Margin % | 7.9% | 8.2% | 6.1% | 6.7% | 6.7% | 3.6% |
| Interest Expense | $351.90M | $214.50M | $221.90M | $193.20M | $206.40M | $271.10M |
| Interest Income | $7.80M | $7.30M | $5.80M | $2.20M | $700.00K | $800.00K |
| Other Income/Expense | $1.80M | $300.00K | $-5.30M | $13.90M | $14.90M | $-12.00M |
| Income Before Tax | $-23.80M | $-61.30M | $-81.10M | $-27.20M | $-45.20M | $-219.30M |
| Income Tax Expense | $12.60M | $-33.70M | $-34.20M | $-28.80M | $23.40M | $-110.50M |
| Net Income | $-38.50M | $-28.60M | $-47.00M | $-2.30M | $-65.90M | $-106.50M |
| Net Margin % | -1.6% | -1.2% | -2.0% | -0.1% | -3.0% | -6.1% |
| Basic EPS | -0.10 | -0.07 | -0.11 | -0.01 | -0.17 | -0.48 |
| Diluted EPS | -0.10 | -0.07 | -0.11 | -0.01 | -0.17 | -0.48 |
| Basic Shares Outstanding | 435.4M | 432.4M | 430.5M | 429.1M | 428.7M | 367.1M |
| Diluted Shares Outstanding | 435.4M | 432.4M | 430.5M | 429.1M | 428.7M | 367.1M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $205.90M | $188.10M | $208.40M | $177.10M | $354.50M |
| Accounts Receivable | $239.60M | $258.00M | $271.60M | $401.70M | $313.70M |
| Other Current Assets | $66.90M | $58.30M | $89.00M | $23.10M | $29.30M |
| Total Current Assets | $650.40M | $656.30M | $703.90M | $718.00M | $874.00M |
| Property Plant & Equipment | - | - | - | $96.80M | $26.40M |
| Goodwill | $3.41B | $3.45B | $3.43B | $3.49B | $2.86B |
| Intangible Assets | $3.51B | $3.92B | $4.32B | $4.82B | $4.81B |
| Other Non-current Assets | $252.00M | $187.80M | $128.20M | $172.60M | $120.50M |
| Total Assets | $8.76B | $9.14B | $9.47B | $10.00B | $9.22B |
| Accounts Payable | $104.30M | $111.70M | $80.50M | $83.50M | $61.20M |
| Short-term Debt | $31.00M | $32.70M | $32.70M | $28.10M | $25.30M |
| Deferred Revenue | $555.90M | $590.00M | $563.10M | $569.40M | $467.20M |
| Total Current Liabilities | $1.01B | $1.04B | $1.10B | $1.00B | $825.30M |
| Long-term Debt | $3.50B | $3.51B | $3.55B | $3.72B | $3.26B |
| Deferred Tax Liabilities | $720.90M | $887.30M | $1.02B | $1.21B | $1.10B |
| Other Non-current Liabilities | $102.00M | $118.20M | $126.80M | $144.70M | $143.20M |
| Total Liabilities | $5.44B | $5.70B | $5.96B | $6.25B | $5.64B |
| Common Stock | - | - | - | - | - |
| Retained Earnings | $-839.70M | $-811.10M | $-764.10M | $-761.80M | $-685.00M |
| Treasury Stock | - | - | - | $300.00K | - |
| Total Stockholders Equity | $3.30B | $3.42B | $3.50B | $3.68B | $3.52B |
| Total Liabilities & Equity | $8.76B | $9.14B | $9.47B | $10.00B | $9.22B |
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $-93.90M | $-28.60M | $-47.00M | $-2.30M | $-65.90M | $-106.50M |
| Depreciation & Amortization | $1.01B | $577.60M | $586.80M | $587.20M | $615.90M | $536.90M |
| Stock-based Compensation | $112.80M | $67.60M | $83.40M | $66.00M | $33.30M | $45.10M |
| Change in Receivables | $-112.20M | $-5.50M | $-13.70M | $-113.30M | $13.70M | $42.30M |
| Change in Payables | $-42.40M | $-5.40M | $30.20M | $-5.20M | $-100.00K | $5.00M |
| Operating Cash Flow | $787.00M | $436.90M | $452.20M | $537.10M | $503.70M | $195.60M |
| Capital Expenditure | - | - | - | - | $9.70M | $7.70M |
| Acquisitions | - | - | - | $500.00K | $844.80M | $20.60M |
| Investing Cash Flow | $-355.10M | $-219.50M | $-191.80M | $-210.50M | $-1.08B | $-134.30M |
| Debt Repayment | - | - | - | $420.00M | $450.00M | $580.00M |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | - | $9.30M | - | - | - | - |
| Dividends Paid | $130.70M | $87.50M | $86.10M | $42.90M | - | $64.10M |
| Financing Cash Flow | $-305.20M | $-187.90M | $-282.40M | $-281.10M | $400.10M | $189.30M |
| Net Change in Cash | $126.40M | $18.20M | $-20.30M | $31.30M | $-175.20M | $255.90M |
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing
Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $585.20M | - | $1.17B | - |
| Cost of Revenue | $242.40M | - | $470.20M | - |
| Operating Expenses | $572.40M | - | $1.12B | - |
| Selling General & Admin | $181.50M | - | $350.60M | - |
| Operating Income | $12.80M | - | $48.10M | - |
| Interest Expense | $50.30M | - | $96.30M | - |
| Interest Income | $1.80M | - | $3.30M | - |
| Other Income/Expense | $1.70M | - | $3.00M | - |
| Income Before Tax | $-34.00M | - | $-48.80M | - |
| Income Tax Expense | $-1.20M | - | $-800.00K | - |
| Net Income | $-33.70M | - | $-49.50M | - |
| Basic EPS | -0.08 | - | -0.11 | - |
| Diluted EPS | -0.08 | - | -0.11 | - |
| Basic Shares Outstanding | $435.36M | - | $434.34M | - |
| Diluted Shares Outstanding | $435.36M | - | $434.34M | - |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $278.70M | $205.90M |
| Accounts Receivable | $189.20M | $239.60M |
| Other Current Assets | $41.00M | $66.90M |
| Total Current Assets | $668.80M | $650.40M |
| Property Plant & Equipment | $87.00M | $91.10M |
| Goodwill | $3.48B | $3.41B |
| Intangible Assets | $3.37B | $3.51B |
| Other Non-current Assets | $263.70M | $252.00M |
| Total Assets | $8.74B | $8.76B |
| Accounts Payable | $76.60M | $104.30M |
| Short-term Debt | $31.00M | $31.00M |
| Deferred Revenue | $653.90M | $555.90M |
| Total Current Liabilities | $1.09B | $1.01B |
| Long-term Debt | $3.47B | $3.50B |
| Deferred Tax Liabilities | $652.90M | $720.90M |
| Other Non-current Liabilities | $89.20M | $102.00M |
| Total Liabilities | $5.41B | $5.44B |
| Common Stock | - | - |
| Retained Earnings | $-889.20M | $-839.70M |
| Total Stockholders Equity | $3.31B | $3.30B |
| Total Liabilities & Equity | $8.74B | $8.76B |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-33.70M | - | $-49.50M | - |
| Depreciation & Amortization | $146.50M | - | $291.20M | - |
| Stock-based Compensation | - | - | $30.50M | - |
| Change in Receivables | - | - | $-65.10M | - |
| Change in Payables | - | - | $-21.20M | - |
| Operating Cash Flow | - | - | $213.20M | - |
| Investing Cash Flow | - | - | $-80.50M | - |
| Stock Repurchased | - | - | - | - |
| Dividends Paid | - | - | $21.60M | - |
| Financing Cash Flow | - | - | $-72.70M | - |
| Net Change in Cash | - | - | $72.80M | - |
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.