$1.18B
Revenue
$142.98M
Net Income
69.70%
Gross Margin
20.84%
Op. Margin
$922.13M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|---|
| Total Revenue | $1.18B | $1.18B | $969.63M | $762.31M |
| Revenue Growth % | 0.0% | 21.2% | 27.2% | nan% |
| Cost of Revenue | $356.11M | $356.11M | $281.29M | $78.41M |
| Gross Profit | $819.28M | $819.28M | $688.34M | $683.90M |
| Gross Margin % | 69.7% | 69.7% | 71.0% | 89.7% |
| Operating Expenses | $930.44M | $930.44M | $678.64M | $403.17M |
| Operating Income | $244.95M | $244.95M | $290.99M | $359.14M |
| Operating Margin % | 20.8% | 20.8% | 30.0% | 47.1% |
| Interest Expense | $62.56M | $62.56M | $97.93M | $11.20M |
| Other Income/Expense | $-11.21M | $-11.21M | $-1.22M | $-1.39M |
| Net Income | $142.98M | $142.98M | $185.18M | $346.56M |
| Net Margin % | 12.2% | 12.2% | 19.1% | 45.5% |
| Basic EPS | nan | 1.09 | 1.90 | 0.72 |
| Diluted EPS | nan | 1.09 | 1.90 | 0.72 |
| Basic Shares Outstanding | - | 131.5M | 97.6M | 94.9M |
| Diluted Shares Outstanding | - | 131.5M | 97.7M | 94.9M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|
| Cash & Cash Equivalents | $42.63M | $105.78M | $152.79M |
| Inventory | $43.51M | $24.30M | $31.38M |
| Other Current Assets | $18.89M | $6.40M | $2.42M |
| Total Current Assets | $377.95M | $322.10M | $343.60M |
| Property Plant & Equipment | $194.75M | $91.77M | $89.66M |
| Other Non-current Assets | $34.00M | $9.49M | $7.10M |
| Total Assets | $3.78B | $2.34B | $2.30B |
| Accrued Liabilities | $115.56M | $53.50M | $44.53M |
| Total Current Liabilities | $359.92M | $352.42M | $274.91M |
| Long-term Debt | $1.14B | $668.78M | $745.14M |
| Other Non-current Liabilities | $6.48M | $1.94M | $943.00K |
| Total Liabilities & Equity | $3.78B | $2.34B | $2.30B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|---|
| Net Income | $142.98M | $142.98M | $185.18M | $346.56M |
| Depreciation & Amortization | $487.03M | $292.76M | $270.97M | $137.62M |
| Stock-based Compensation | $15.72M | $9.39M | $6.53M | $3.44M |
| Change in Receivables | $-28.78M | $7.90M | $46.87M | $-15.63M |
| Operating Cash Flow | $922.13M | $506.96M | $505.29M | $491.74M |
| Investing Cash Flow | $-1.19B | $-899.16M | $-306.32M | $-1.03B |
| Debt Repayment | $2.29B | $763.12M | $61.88M | - |
| Financing Cash Flow | $14.30M | $329.06M | $-245.99M | $658.79M |
| Net Change in Cash | $-253.13M | $-63.14M | $-47.02M | $123.38M |
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 | $272.56M | - | $787.85M | - |
| Operating Expenses | $291.76M | - | $644.08M | - |
| Operating Income | $-19.20M | - | $143.77M | - |
| Interest Expense | $16.92M | - | $46.95M | - |
| Other Income/Expense | $465.00K | - | $-8.38M | - |
| Net Income | $-35.65M | $39.52M | $69.89M | - |
| Basic EPS | -0.28 | - | 0.59 | - |
| Diluted EPS | -0.28 | - | 0.59 | - |
| Basic Shares Outstanding | $126.46M | - | $119.03M | - |
| Diluted Shares Outstanding | $126.46M | - | $119.14M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $53.60M | $105.78M |
| Inventory | $49.36M | $24.30M |
| Other Current Assets | $25.04M | $6.40M |
| Total Current Assets | $375.09M | $322.10M |
| Property Plant & Equipment | $209.62M | $91.77M |
| Other Non-current Assets | $39.39M | $9.49M |
| Total Assets | $3.77B | $2.34B |
| Accrued Liabilities | $120.99M | $52.92M |
| Total Current Liabilities | $375.07M | $352.42M |
| Long-term Debt | $1.14B | $668.78M |
| Other Non-current Liabilities | $14.95M | $1.94M |
| Total Liabilities & Equity | $3.77B | $2.34B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-35.65M | $39.52M | $69.89M | - |
| Depreciation & Amortization | - | - | $196.26M | - |
| Stock-based Compensation | - | - | $6.35M | - |
| Change in Receivables | - | - | $-34.66M | - |
| Operating Cash Flow | - | - | $378.21M | - |
| Investing Cash Flow | - | - | $-808.37M | - |
| Debt Repayment | - | - | $763.12M | - |
| Financing Cash Flow | - | - | $377.98M | - |
| Net Change in Cash | - | - | $-52.18M | - |
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.