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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 10 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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $3.47B $3.47B $4.25B $4.49B $5.80B $5.05B $4.64B $4.61B $4.73B $2.88B $3.28B
Revenue Growth % 0.0% -18.3% -5.4% -22.7% 15.0% 8.7% 0.7% -2.5% 64.2% -12.3% nan%
Cost of Revenue $2.18B $2.18B $2.60B $2.66B $3.48B $2.87B $2.59B $2.53B $2.64B $1.78B $2.08B
+ Gross Profit $1.28B $1.28B $1.65B $1.83B $2.33B $2.17B $2.05B $2.08B $2.09B $1.10B $1.20B
Gross Margin % 37.0% 37.0% 38.8% 40.8% 40.1% 43.0% 44.2% 45.2% 44.1% 38.3% 36.6%
Operating Expenses $5.10B $5.10B $3.74B $3.93B $4.66B $4.00B $3.74B $3.79B - - -
Selling General & Admin $684.90M $684.90M $644.60M $734.30M $775.20M $714.10M $729.70M $792.90M $851.20M $618.60M $529.50M
+ Operating Income $-1.63B $-1.63B $506.50M $555.60M $1.14B $1.04B $902.20M $821.60M $880.50M $259.80M $421.50M
Operating Margin % -47.0% -47.0% 11.9% 12.4% 19.7% 20.7% 19.4% 17.8% 18.6% 9.0% 12.8%
Interest Expense $361.10M $237.30M $232.20M $237.20M $151.80M $131.10M $151.30M $160.40M $134.50M $80.00M $83.30M
Interest Income - - - - - - $100.00K $1.90M $1.40M $900.00K $600.00K
Income Before Tax $-1.89B $-1.89B $252.50M $300.20M $983.90M $893.80M $729.80M $655.00M $743.70M $180.80M $180.80M
Income Tax Expense $314.20M $314.20M $-150.90M $-1.12B $145.20M $91.60M $150.90M $111.50M $88.80M $264.10M $93.90M
+ Net Income $-2.24B $-2.24B $341.10M $1.32B $736.50M $736.50M $551.50M $477.40M $502.10M $535.80M $209.10M
Net Margin % -64.6% -64.6% 8.0% 29.5% 12.7% 14.6% 11.9% 10.4% 10.6% 18.6% 6.4%
Basic EPS -17.88 -17.88 2.73 10.55 5.83 5.72 4.24 3.64 3.72 3.99 1.56
Diluted EPS -17.88 -17.88 2.72 10.53 5.81 5.70 4.22 3.62 3.69 3.99 1.56
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $584.50M $357.30M $302.40M $572.00M $516.80M $568.90M $339.10M $161.70M $283.00M $64.20M
Accounts Receivable $2.06B $2.90B $2.70B $2.87B $2.58B $2.33B $2.23B $2.29B $2.04B $1.83B
Inventory $1.22B $1.20B $1.72B $1.65B $1.41B $1.10B $1.02B $1.10B $992.50M $703.50M
Other Current Assets $82.30M $60.10M $398.90M $343.60M $431.40M $380.80M $487.50M $486.00M $326.40M $253.50M
Total Current Assets $4.96B $4.96B $5.13B $5.44B $4.94B $4.38B $4.07B $4.03B $3.65B $2.85B
Property Plant & Equipment $707.40M $849.70M $892.50M $849.60M $817.00M $771.70M $758.00M $1.03B $1.03B $1.00B
Goodwill - $1.51B $1.59B $1.59B $1.46B $1.47B $1.47B $1.47B $1.20B $777.50M
Intangible Assets $2.36B $2.36B $2.47B $2.51B $2.52B $2.63B $2.63B $2.70B $2.63B $793.40M
Other Non-current Assets $423.00M $428.20M $489.50M $560.50M $613.80M $712.30M $685.30M $465.20M $443.60M $471.30M
Total Assets $9.69B $11.65B $11.93B $11.17B $10.58B $10.19B $9.87B $9.97B $9.21B $6.14B
Accounts Payable $771.00M $768.50M $602.40M $1.25B $1.14B $946.70M $900.10M $867.50M $714.20M $355.40M
Short-term Debt $719.50M $261.30M $934.00M $540.80M $440.80M $338.30M $227.70M $547.70M $192.60M $94.20M
Accrued Liabilities $574.00M $755.20M $684.80M $601.80M $631.20M $674.70M $680.60M $594.40M $497.70M $374.90M
Deferred Revenue $453.10M $453.80M $482.10M $680.50M $630.70M $347.10M $492.70M $458.40M - -
Total Current Liabilities $3.76B $3.02B $3.38B $3.80B $3.52B $2.83B $2.72B $2.99B $2.21B $1.44B
Long-term Debt $3.36B $3.10B $3.02B $2.73B $2.73B $2.93B $3.03B $2.18B $2.99B $1.80B
Deferred Tax Liabilities $54.10M $86.00M $158.10M $321.50M $342.40M $350.00M $333.20M $330.80M $173.20M -
Other Non-current Liabilities $387.70M $470.70M $407.40M $445.40M $477.30M $603.80M $708.40M $749.10M $718.10M $295.10M
Common Stock $18.60M $18.60M $18.60M $18.60M $18.60M $18.60M $18.60M $18.60M $18.60M $18.60M
Retained Earnings $4.17B $6.64B $6.59B $5.56B $4.99B $4.51B $4.19B $4.33B $3.95B $3.51B
Treasury Stock - - - $2.65B $2.54B $2.14B $2.09B $1.70B $1.50B $1.51B
Total Stockholders Equity $2.07B $4.49B $4.41B $3.38B $3.03B $2.96B $2.53B $3.12B $2.68B $1.96B
Total Liabilities & Equity $9.69B $11.65B $11.93B $11.17B $10.58B $10.19B $9.87B $9.97B $9.21B $6.14B
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $-2.25B $-2.24B $341.10M $1.32B $736.50M $736.50M $551.50M $477.40M $502.10M $535.80M $209.10M
Depreciation & Amortization $304.40M $173.60M $176.30M $184.30M $169.40M $170.90M $162.70M $150.10M $168.20M $113.00M $137.10M
Stock-based Compensation $39.30M $24.00M $23.80M $25.90M $24.20M $17.80M $18.90M $25.60M $23.00M $21.10M $20.20M
Deferred Income Tax - $304.80M $-340.30M $-1.29B - - - - - - -
Change in Receivables - - - $-192.40M $443.90M $241.10M $71.80M $123.50M $302.20M $262.40M $6.10M
Change in Inventory $486.70M $156.30M $-475.80M $72.80M $182.30M $331.10M $59.70M $-6.40M $224.20M $96.80M $-72.50M
Change in Payables $196.70M $20.10M $171.70M $-626.00M $165.30M $144.40M $61.80M $103.00M $182.30M $331.70M $-24.10M
Capital Expenditure $174.50M $96.30M $67.90M $133.90M $142.30M $100.10M $67.20M $93.90M $156.60M $85.70M $130.80M
Acquisitions - - - $16.50M $198.20M $5.20M $65.60M - $-19.60M $1.23B -
Investing Cash Flow $-189.10M $-99.70M $263.60M $-154.40M $-266.40M - - - - - -
Debt Repayment - $500.60M - $1.20B $1.40M $1.20B $100.00M $901.90M $552.00M $302.30M $242.60M
Stock Issued $600.00K $200.00K $200.00K $5.30M $9.40M - - - - - -
Stock Repurchased - - - $75.00M $100.00M $400.00M $50.00M $400.00M $200.00M - $11.20M
Dividends Paid $509.50M $291.30M $290.60M $290.50M $267.50M $247.20M $228.50M $210.30M $89.20M $88.80M $88.60M
Financing Cash Flow $1.57B $386.00M $-870.10M $331.50M $-237.40M $-747.90M $-250.30M - $-363.30M $1.21B $-377.00M
Net Change in Cash $266.10M $227.20M $54.90M $-269.60M $55.20M $-52.10M $229.80M $177.40M $-121.30M $218.80M $-14.40M
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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