$1.10B
Revenue
$-53.42M
Net Income
13.76%
Gross Margin
-1.00%
Op. Margin
$-102.23M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $249.43M | $259.61M | $288.68M | $297.59M | $271.34M | $304.43M | $287.52M |
| Revenue Growth % (YoY) | -8.1% | -14.7% | 0.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $187.30M | $195.23M | $195.90M | $206.06M | $190.97M | $225.35M | $202.14M |
| Gross Profit | $20.24M | $23.76M | $52.14M | $54.53M | $49.90M | $53.02M | $60.35M |
| Gross Margin % | 8.1% | 9.2% | 18.1% | 18.3% | 18.4% | 17.4% | 21.0% |
| Selling General & Admin | $33.72M | $36.32M | $34.37M | $34.41M | $25.51M | $25.46M | $27.27M |
| Operating Income | $-14.90M | $-18.54M | $7.19M | $15.33M | $30.74M | $15.24M | $28.22M |
| Operating Margin % | -6.0% | -7.1% | 2.5% | 5.2% | 11.3% | 5.0% | 9.8% |
| Interest Expense | $9.84M | $38.93M | $25.65M | $11.89M | $10.87M | $11.19M | $10.46M |
| Other Income/Expense | $101.00K | $-3.00K | $370.00K | $259.00K | $101.00K | $289.00K | $138.00K |
| Income Before Tax | $-30.91M | $-33.55M | $-7.24M | $3.51M | $18.82M | $4.33M | $17.90M |
| Income Tax Expense | $-8.66M | $-9.83M | $-1.68M | $2.29M | $4.42M | $415.00K | $3.07M |
| Net Income | $-22.24M | $-28.06M | $-4.34M | $1.22M | $14.40M | $3.92M | $14.84M |
| Net Margin % | -8.9% | -10.8% | -1.5% | 0.4% | 5.3% | 1.3% | 5.2% |
| Basic EPS | -0.18 | -0.19 | -0.04 | 0.01 | 0.13 | 0.04 | 0.13 |
| Diluted EPS | -0.18 | -0.19 | -0.04 | 0.01 | 0.13 | 0.04 | 0.13 |
| Basic Shares Outstanding | - | 123.7M | 123.7M | 118.2M | 665K | 109.9M | 111.1M |
| Diluted Shares Outstanding | - | 123.7M | 123.7M | 119.7M | 614K | 111.1M | 112.0M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Accounts Receivable | $180.71M | $184.62M | $185.98M | $244.74M | $165.97M | $179.92M | $197.07M |
| Inventory | $13.62M | $11.85M | $17.47M | $14.48M | $17.30M | $15.78M | $18.78M |
| Other Current Assets | $400.00K | $14.42M | $14.06M | $11.75M | $400.00K | $20.05M | $21.87M |
| Total Current Assets | $307.51M | $297.20M | $334.46M | $376.37M | $289.42M | $316.51M | $365.16M |
| Property Plant & Equipment | $1.54B | $1.56B | $1.55B | $1.55B | $1.49B | $1.45B | $1.40B |
| Goodwill | $152.90M | $156.71M | $137.33M | $136.29M | $69.00M | $75.22M | $75.22M |
| Intangible Assets | $182.24M | $189.22M | $198.16M | $203.67M | $105.87M | $109.28M | $112.42M |
| Other Non-current Assets | $1.18M | $3.15M | $3.32M | $4.49M | $3.46M | $3.29M | $3.45M |
| Total Assets | $2.23B | $2.23B | $2.25B | $2.29B | $1.97B | $1.97B | $1.98B |
| Accounts Payable | $69.17M | $92.84M | $90.58M | $115.46M | $119.02M | $124.77M | $103.76M |
| Accrued Liabilities | $84.61M | $74.80M | $72.11M | $66.14M | $60.29M | $68.46M | $72.62M |
| Deferred Revenue | $1.40M | $3.00M | $4.70M | $6.66M | $7.75M | $6.84M | $7.09M |
| Other Current Liabilities | $8.39M | $6.50M | $5.20M | $2.71M | $2.60M | $12.79M | $15.40M |
| Total Current Liabilities | $211.06M | $220.57M | $214.75M | $232.02M | $243.06M | $258.17M | $239.33M |
| Long-term Debt | $604.18M | $518.43M | $492.07M | $493.53M | $466.99M | $439.04M | $447.45M |
| Deferred Tax Liabilities | $221.62M | $228.44M | $240.81M | $243.84M | $206.87M | $207.18M | $207.03M |
| Other Non-current Liabilities | $5.54M | $13.85M | $3.09M | $2.49M | $2.19M | $1.74M | $1.21M |
| Total Liabilities | $1.02B | $1.01B | $976.44M | $993.71M | $936.10M | $927.31M | $920.37M |
| Common Stock | $1.24M | $1.24M | $1.24M | $1.24M | $1.10M | $1.10M | $1.10M |
| Retained Earnings | $-50.30M | $-28.06M | $-4.34M | - | - | - | $369.00K |
| Total Stockholders Equity | $1.21B | $1.22B | $1.27B | $1.30B | $1.04B | $1.05B | $1.06B |
| Total Liabilities & Equity | $2.23B | $2.23B | $2.25B | $2.29B | $1.97B | $1.97B | $1.98B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $-22.24M | $-28.06M | $-4.34M | $1.22M | $14.40M | $45.54M | $14.84M |
| Depreciation & Amortization | $41.90M | $40.62M | $40.63M | $37.00M | $30.48M | $68.27M | $42.20M |
| Stock-based Compensation | $9.07M | $9.34M | $14.81M | $6.52M | $6.42M | $6.29M | $9.67M |
| Deferred Income Tax | $-6.67M | $-10.83M | $-1.62M | $1.38M | $4.57M | $10.43M | $10.28M |
| Change in Receivables | $-1.12M | $11.95M | $16.94M | $71.59M | $-9.26M | $22.36M | $19.51M |
| Change in Inventory | $1.76M | $-5.45M | $164.00K | $-2.82M | $1.52M | $5.09M | $8.09M |
| Operating Cash Flow | $3.71M | $113.64M | $81.19M | $-7.45M | $70.85M | $185.61M | $100.42M |
| Capital Expenditure | $21.81M | $126.46M | $92.66M | $52.39M | $76.43M | $297.55M | $211.28M |
| Acquisitions | - | $204.17M | $181.51M | $181.51M | $11.19M | $142.23M | $142.23M |
| Investing Cash Flow | $-19.59M | $-325.23M | $-268.77M | $-228.50M | $-82.92M | $-429.79M | $-353.51M |
| Debt Repayment | - | - | - | - | - | $9.93M | $5.60M |
| Stock Repurchased | - | $200.00K | $200.00K | - | - | - | - |
| Dividends Paid | - | $92.28M | $61.34M | $30.43M | - | - | - |
| Financing Cash Flow | $15.17M | $181.24M | $194.68M | $232.92M | $5.14M | $112.64M | $147.64M |
| Net Change in Cash | $-717.00K | $-30.36M | $7.11M | $-3.03M | $-6.93M | $-131.54M | $-105.45M |
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 | $259.61M | $304.43M | $845.88M | $784.62M |
| Cost of Revenue | $195.23M | $225.35M | $597.20M | $534.23M |
| Gross Profit | $23.76M | $53.02M | $130.43M | $182.12M |
| Selling General & Admin | $36.32M | $25.46M | $105.11M | $80.71M |
| Operating Income | $-18.54M | $15.24M | $3.99M | $83.14M |
| Interest Expense | - | - | $38.93M | $27.60M |
| Other Income/Expense | $-3.00K | $289.00K | $626.00K | $450.00K |
| Income Before Tax | $-33.55M | $4.33M | $-37.27M | $56.96M |
| Income Tax Expense | $-9.83M | $415.00K | $-9.21M | $11.42M |
| Net Income | $-23.72M | $3.92M | $-28.06M | $45.54M |
| Basic EPS | -0.19 | 0.04 | -0.23 | 0.42 |
| Diluted EPS | -0.19 | 0.04 | -0.23 | 0.42 |
| Basic Shares Outstanding | $123.74M | $109.88M | $121.90M | $107.57M |
| Diluted Shares Outstanding | $123.74M | $111.08M | $121.90M | $108.56M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $184.62M | $165.97M |
| Inventory | $11.85M | $17.30M |
| Other Current Assets | $14.42M | $11.20M |
| Total Current Assets | $297.20M | $289.42M |
| Property Plant & Equipment | $1.56B | $1.49B |
| Goodwill | $156.71M | $69.00M |
| Intangible Assets | $189.22M | $105.87M |
| Other Non-current Assets | $3.15M | $3.46M |
| Total Assets | $2.23B | $1.97B |
| Accounts Payable | $92.84M | $119.02M |
| Accrued Liabilities | $74.80M | $60.29M |
| Deferred Revenue | $3.00M | $7.75M |
| Other Current Liabilities | $6.50M | $2.60M |
| Total Current Liabilities | $220.57M | $243.06M |
| Long-term Debt | $518.43M | $466.99M |
| Deferred Tax Liabilities | $228.44M | $206.87M |
| Other Non-current Liabilities | $13.85M | $2.19M |
| Total Liabilities | $1.01B | $936.10M |
| Common Stock | $1.24M | $1.10M |
| Retained Earnings | $-28.06M | - |
| Total Stockholders Equity | $1.22B | $1.04B |
| Total Liabilities & Equity | $2.23B | $1.97B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-23.72M | $3.92M | $-28.06M | $45.54M |
| Depreciation & Amortization | $40.62M | $26.07M | $118.25M | $68.27M |
| Stock-based Compensation | $9.34M | $6.29M | $24.15M | $15.96M |
| Deferred Income Tax | - | - | $-10.83M | $10.43M |
| Change in Receivables | - | - | $11.95M | $22.36M |
| Change in Inventory | - | - | $-5.45M | $5.09M |
| Operating Cash Flow | - | - | $113.64M | $185.61M |
| Capital Expenditure | - | - | $126.46M | $297.55M |
| Acquisitions | - | - | $204.17M | $142.23M |
| Investing Cash Flow | - | - | $-325.23M | $-429.79M |
| Stock Repurchased | - | - | $200.00K | - |
| Dividends Paid | - | - | $92.28M | $70.44M |
| Financing Cash Flow | - | - | $181.24M | $112.64M |
| Net Change in Cash | - | - | $-30.36M | $-131.54M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.