$6.11B
Revenue
$-381.00M
Net Income
65.05%
Gross Margin
5.29%
Op. Margin
$-2.26B
Free Cash Flow
| Breakdown | TTM (Sep 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 | $6.11B | $5.94B | $5.75B | $5.79B | - | $7.16B |
| Revenue Growth % | 2.8% | 3.2% | -0.6% | nan% | - | nan% |
| Cost of Revenue | $2.13B | $2.11B | $2.12B | $2.17B | - | $975.00M |
| Gross Profit | $3.97B | $3.83B | $3.63B | $3.62B | - | $6.18B |
| Gross Margin % | 65.1% | 64.5% | 63.0% | 62.5% | - | 86.4% |
| Operating Expenses | $5.78B | $5.58B | $5.26B | $5.20B | - | $6.20B |
| Selling General & Admin | $1.74B | $1.73B | $1.65B | $1.75B | - | $1.65B |
| Operating Income | $323.00M | $353.00M | $492.00M | $592.00M | - | $959.00M |
| Operating Margin % | 5.3% | 5.9% | 8.6% | 10.2% | - | 13.4% |
| Interest Expense | $798.00M | $804.00M | $653.00M | $492.00M | - | $762.00M |
| Income Before Tax | $-433.00M | $-346.00M | $117.00M | $599.00M | - | $-486.00M |
| Income Tax Expense | $-52.00M | $-24.00M | $88.00M | $158.00M | - | $-84.00M |
| Net Income | $-381.00M | $-322.00M | $29.00M | $441.00M | - | $-402.00M |
| Net Margin % | -6.2% | -5.4% | 0.5% | 7.6% | - | -5.6% |
| Basic EPS | -1.53 | -1.30 | 0.12 | 1.80 | - | -3.85 |
| Diluted EPS | -1.53 | -1.30 | 0.12 | 1.80 | - | -3.85 |
| Basic Shares Outstanding | 250.3M | 248.2M | 245.5M | 244.8M | - | 104.5M |
| Diluted Shares Outstanding | 250.3M | 248.2M | 248.5M | 245.3M | - | 104.5M |
| 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 | $750.00M | $1.12B | $322.00M | $2.13B | $1.83B |
| Short-term Investments | - | $1.07B | $1.75B | - | - |
| Accounts Receivable | $379.00M | $446.00M | $438.00M | $458.00M | $553.00M |
| Other Current Assets | $64.00M | $68.00M | $30.00M | $30.00M | $85.00M |
| Total Current Assets | $1.26B | $2.78B | $2.60B | $2.69B | $2.65B |
| Property Plant & Equipment | $15.68B | $13.93B | $11.85B | $9.20B | $12.93B |
| Intangible Assets | $3.26B | $3.58B | $3.91B | $4.23B | - |
| Other Non-current Assets | $412.00M | $394.00M | $271.00M | $367.00M | $533.00M |
| Total Assets | $20.61B | $20.69B | $18.62B | $16.48B | $16.80B |
| Accounts Payable | - | - | $1.41B | $535.00M | $540.00M |
| Other Current Liabilities | $775.00M | $693.00M | $396.00M | $399.00M | $318.00M |
| Total Current Liabilities | $2.29B | $2.27B | $2.29B | $1.45B | $7.14B |
| Long-term Debt | $11.55B | $11.25B | $9.11B | $7.97B | - |
| Deferred Tax Liabilities | $609.00M | $643.00M | $558.00M | $387.00M | $343.00M |
| Other Non-current Liabilities | $633.00M | $553.00M | $483.00M | $403.00M | $452.00M |
| Total Liabilities | $15.67B | $15.41B | $13.49B | $11.88B | $21.70B |
| Common Stock | $3.00M | $2.00M | $2.00M | $2.00M | $27.00M |
| Retained Earnings | $562.00M | $884.00M | $855.00M | $414.00M | $-8.97B |
| Treasury Stock | - | - | - | - | $14.00M |
| Total Stockholders Equity | $4.94B | $5.28B | $5.13B | $4.60B | $-4.90B |
| Total Liabilities & Equity | $20.61B | $20.69B | $18.62B | $16.48B | $16.80B |
| Breakdown | TTM (Sep 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 | $-445.00M | $-322.00M | $29.00M | $441.00M | - | $-402.00M |
| Depreciation & Amortization | $2.25B | $1.62B | $1.42B | $1.18B | - | $1.60B |
| Stock-based Compensation | $105.00M | $68.00M | $108.00M | $82.00M | - | $3.00M |
| Change in Receivables | $185.00M | $-28.00M | $43.00M | $7.00M | - | $-73.00M |
| Operating Cash Flow | $3.31B | $1.62B | $1.34B | $1.40B | - | $1.99B |
| Capital Expenditure | $5.57B | $2.78B | $3.21B | $2.74B | - | $1.18B |
| Purchases of Investments | - | - | - | $4.35B | - | - |
| Investing Cash Flow | $-5.55B | $-1.68B | $-2.56B | $-4.47B | - | $-19.00M |
| Debt Repayment | - | $412.00M | $68.00M | $14.00M | - | $4.95B |
| Financing Cash Flow | $650.00M | $-268.00M | $2.13B | $1.21B | - | $-893.00M |
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 | $1.55B | - | $4.60B | - |
| Cost of Revenue | $547.00M | - | $1.60B | - |
| Operating Expenses | $1.43B | - | $4.36B | - |
| Selling General & Admin | $395.00M | - | $1.32B | - |
| Operating Income | $117.00M | - | $237.00M | - |
| Interest Expense | $198.00M | - | $595.00M | - |
| Income Before Tax | $-90.00M | - | $-304.00M | - |
| Income Tax Expense | $-14.00M | - | $-41.00M | - |
| Net Income | $-76.00M | $-123.00M | $-263.00M | - |
| Basic EPS | -0.30 | - | -1.05 | - |
| Diluted EPS | -0.30 | - | -1.05 | - |
| Basic Shares Outstanding | $250.32M | - | $250.11M | - |
| Diluted Shares Outstanding | $250.32M | - | $250.11M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $336.00M | $750.00M |
| Accounts Receivable | $441.00M | $379.00M |
| Other Current Assets | $97.00M | $64.00M |
| Total Current Assets | $963.00M | $1.26B |
| Property Plant & Equipment | $17.34B | $15.68B |
| Intangible Assets | $3.02B | $3.26B |
| Other Non-current Assets | $296.00M | $412.00M |
| Total Assets | $21.63B | $20.61B |
| Other Current Liabilities | $1.35B | $775.00M |
| Total Current Liabilities | $3.16B | $2.29B |
| Long-term Debt | $12.01B | $11.55B |
| Deferred Tax Liabilities | $560.00M | $609.00M |
| Other Non-current Liabilities | $723.00M | $633.00M |
| Total Liabilities | $16.93B | $15.67B |
| Common Stock | $3.00M | $3.00M |
| Retained Earnings | $299.00M | $562.00M |
| Total Stockholders Equity | $4.70B | $4.94B |
| Total Liabilities & Equity | $21.63B | $20.61B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-76.00M | $-123.00M | $-263.00M | - |
| Depreciation & Amortization | $470.00M | - | $1.37B | - |
| Stock-based Compensation | - | - | $48.00M | - |
| Change in Receivables | - | - | $96.00M | - |
| Operating Cash Flow | - | - | $1.50B | - |
| Capital Expenditure | - | - | $2.42B | - |
| Investing Cash Flow | - | - | $-2.42B | - |
| Debt Repayment | - | - | $5.00M | - |
| Financing Cash Flow | - | - | $431.00M | - |
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.