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$3.47B
Revenue
$-2.24B
Net Income
37.00%
Gross Margin
-46.96%
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $3.47B $3.47B $4.25B $4.49B $5.80B $5.05B
Revenue Growth % 0.0% -18.3% -5.4% -22.7% 15.0% nan%
Cost of Revenue $2.18B $2.18B $2.60B $2.66B $3.48B $2.87B
+ Gross Profit $1.28B $1.28B $1.65B $1.83B $2.33B $2.17B
Gross Margin % 37.0% 37.0% 38.8% 40.8% 40.1% 43.0%
Operating Expenses $5.10B $5.10B $3.74B $3.93B $4.66B $4.00B
Selling General & Admin $684.90M $684.90M $644.60M $734.30M $775.20M $714.10M
+ Operating Income $-1.63B $-1.63B $506.50M $555.60M $1.14B $1.04B
Operating Margin % -47.0% -47.0% 11.9% 12.4% 19.7% 20.7%
Interest Expense $361.10M $237.30M $232.20M $237.20M $151.80M $131.10M
Interest Income - - - - - -
Income Before Tax $-1.89B $-1.89B $252.50M $300.20M $983.90M $893.80M
Income Tax Expense $314.20M $314.20M $-150.90M $-1.12B $145.20M $91.60M
+ Net Income $-2.24B $-2.24B $341.10M $1.32B $736.50M $736.50M
Net Margin % -64.6% -64.6% 8.0% 29.5% 12.7% 14.6%
Basic EPS -17.88 -17.88 2.73 10.55 5.83 5.72
Diluted EPS -17.88 -17.88 2.72 10.53 5.81 5.70
Basic Shares Outstanding -250.3M 125.2M 125.0M 125.1M - -
Diluted Shares Outstanding -250.7M 125.2M 125.4M 125.5M - -
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $584.50M $357.30M $302.40M $572.00M $516.80M
Accounts Receivable $2.06B $2.90B $2.70B $2.87B $2.58B
Inventory $1.22B $1.20B $1.72B $1.65B $1.41B
Other Current Assets $82.30M $60.10M $398.90M $343.60M $431.40M
Total Current Assets $4.96B $4.96B $5.13B $5.44B $4.94B
Property Plant & Equipment $707.40M $849.70M $892.50M $849.60M $817.00M
Goodwill - $1.51B $1.59B $1.59B $1.46B
Intangible Assets $2.36B $2.36B $2.47B $2.51B $2.52B
Other Non-current Assets $423.00M $428.20M $489.50M $560.50M $613.80M
Total Assets $9.69B $11.65B $11.93B $11.17B $10.58B
Accounts Payable $771.00M $768.50M $602.40M $1.25B $1.14B
Short-term Debt $719.50M $261.30M $934.00M $540.80M $440.80M
Accrued Liabilities $574.00M $755.20M $684.80M $601.80M $631.20M
Deferred Revenue $453.10M $453.80M $482.10M $680.50M $630.70M
Total Current Liabilities $3.76B $3.02B $3.38B $3.80B $3.52B
Long-term Debt $3.36B $3.10B $3.02B $2.73B $2.73B
Deferred Tax Liabilities $54.10M $86.00M $158.10M $321.50M $342.40M
Other Non-current Liabilities $387.70M $470.70M $407.40M $445.40M $477.30M
Common Stock $18.60M $18.60M $18.60M $18.60M $18.60M
Retained Earnings $4.17B $6.64B $6.59B $5.56B $4.99B
Treasury Stock - - - $2.65B $2.54B
Total Stockholders Equity $2.07B $4.49B $4.41B $3.38B $3.03B
Total Liabilities & Equity $9.69B $11.65B $11.93B $11.17B $10.58B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $-2.25B $-2.24B $341.10M $1.32B $736.50M $736.50M
Depreciation & Amortization $304.40M $173.60M $176.30M $184.30M $169.40M $170.90M
Stock-based Compensation $39.30M $24.00M $23.80M $25.90M $24.20M $17.80M
Deferred Income Tax - $304.80M $-340.30M $-1.29B - -
Change in Receivables - - - $-192.40M $443.90M $241.10M
Change in Inventory $486.70M $156.30M $-475.80M $72.80M $182.30M $331.10M
Change in Payables $196.70M $20.10M $171.70M $-626.00M $165.30M $144.40M
Capital Expenditure $174.50M $96.30M $67.90M $133.90M $142.30M $100.10M
Acquisitions - - - $16.50M $198.20M $5.20M
Investing Cash Flow $-189.10M $-99.70M $263.60M $-154.40M $-266.40M -
Debt Repayment - $500.60M - $1.20B $1.40M $1.20B
Stock Issued $600.00K $200.00K $200.00K $5.30M $9.40M -
Stock Repurchased - - - $75.00M $100.00M $400.00M
Dividends Paid $509.50M $291.30M $290.60M $290.50M $267.50M $247.20M
Financing Cash Flow $1.57B $386.00M $-870.10M $331.50M $-237.40M $-747.90M
Net Change in Cash $266.10M $227.20M $54.90M $-269.60M $55.20M $-52.10M
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 $542.20M - $2.38B -
Cost of Revenue $413.30M - $1.53B -
Gross Profit $128.90M - $851.90M -
Operating Expenses $938.50M - $2.60B -
Selling General & Admin $167.40M - $516.20M -
Operating Income $-396.30M - $-211.70M -
Interest Expense $64.10M - $130.00M -
Income Before Tax $-466.00M - $-402.30M -
Income Tax Expense $82.20M - $110.10M -
Net Income $-569.30M $295.20M $-518.10M -
Basic EPS -4.52 - -4.11 -
Diluted EPS -4.52 - -4.11 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $497.70M $357.30M
Accounts Receivable $2.33B $2.90B
Inventory $1.38B $1.20B
Other Current Assets $537.10M $496.20M
Total Current Assets $5.57B $4.96B
Property Plant & Equipment $855.40M $849.70M
Goodwill $1.36B $1.51B
Intangible Assets $2.38B $2.36B
Other Non-current Assets $437.60M $428.20M
Total Assets $12.08B $11.65B
Accounts Payable $733.60M $768.50M
Short-term Debt $1.27B $337.40M
Accrued Liabilities $718.30M $755.20M
Deferred Revenue - $453.80M
Total Current Liabilities $3.99B $3.02B
Long-term Debt $3.27B $3.03B
Deferred Tax Liabilities $92.40M $86.00M
Other Non-current Liabilities $388.40M $470.70M
Common Stock $18.60M $18.60M
Retained Earnings $5.90B $6.64B
Total Stockholders Equity $3.77B $4.49B
Total Liabilities & Equity $12.08B $11.65B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-569.30M $295.20M $-518.10M -
Depreciation & Amortization - - $130.50M -
Stock-based Compensation - - $17.90M -
Change in Inventory - - $146.60M -
Change in Payables - - $-28.20M -
Capital Expenditure - - $70.30M -
Investing Cash Flow - - $-84.40M -
Debt Repayment - - $500.10M -
Stock Issued - - $200.00K -
Dividends Paid - - $218.40M -
Financing Cash Flow - - $932.10M -
Net Change in Cash - - $140.40M -

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.

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