$1.42B
Revenue
$321.71M
Net Income
43.72%
Gross Margin
36.18%
Op. Margin
$377.29M
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $448.11M | $409.54M | $304.03M | $261.34M | $249.66M | $245.09M | $245.66M | $189.53M | $160.69M | $181.91M | $178.13M | $199.50M | $194.82M | $146.34M |
| Revenue Growth % (YoY) | 79.5% | 67.1% | 23.8% | 37.9% | 55.4% | 34.7% | 37.9% | -5.0% | -17.5% | 24.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $199.90M | $229.07M | $184.50M | $187.34M | $181.32M | $185.80M | $194.23M | $170.37M | $153.82M | $148.43M | $140.47M | $164.55M | $169.81M | $137.89M |
| Gross Profit | $248.21M | $180.47M | $119.52M | $74.00M | $68.33M | $59.29M | $51.43M | $19.16M | $6.87M | $33.48M | $37.66M | $34.95M | $25.02M | $8.45M |
| Gross Margin % | 55.4% | 44.1% | 39.3% | 28.3% | 27.4% | 24.2% | 20.9% | 10.1% | 4.3% | 18.4% | 21.1% | 17.5% | 12.8% | 5.8% |
| Operating Expenses | $28.17M | $31.82M | $25.77M | $21.65M | $30.20M | $36.81M | $10.83M | $14.10M | $49.26M | $46.12M | $32.85M | $29.39M | $34.47M | $33.91M |
| Operating Income | $220.04M | $148.65M | $93.76M | $52.35M | $38.14M | $22.48M | $40.60M | $5.06M | $-42.40M | $-12.64M | $4.81M | $5.55M | $15.43M | $-25.46M |
| Operating Margin % | 49.1% | 36.3% | 30.8% | 20.0% | 15.3% | 9.2% | 16.5% | 2.7% | -26.4% | -6.9% | 2.7% | 2.8% | 7.9% | -17.4% |
| Interest Expense | $-77.64M | $43.24M | $21.39M | $20.12M | $-94.26M | $44.42M | $12.51M | $12.64M | $12.13M | $10.71M | $10.31M | $10.16M | $11.01M | $10.87M |
| Other Income/Expense | $-5.61M | $2.43M | $1.51M | $942.00K | $505.00K | $1.23M | $1.18M | $1.51M | $1.46M | $1.66M | $1.38M | $1.39M | $-12.66M | $1.85M |
| Income Before Tax | $188.29M | $155.60M | $90.27M | $45.02M | $19.99M | $13.21M | $36.95M | $-3.94M | $-48.62M | $-23.91M | $-10.53M | $69.00K | $-8.38M | $-33.05M |
| Income Tax Expense | $53.88M | $54.88M | $32.56M | $16.14M | $8.07M | $11.45M | $9.08M | $1.81M | $-5.68M | $-1.50M | $5.16M | $3.24M | $11.21M | $-9.53M |
| Net Income | $134.41M | $100.73M | $57.70M | $28.87M | $11.92M | $1.76M | $27.87M | $-5.75M | $-42.94M | $-22.41M | $-15.69M | $-3.17M | $-4.45M | $-23.53M |
| Net Margin % | 30.0% | 24.6% | 19.0% | 11.0% | 4.8% | 0.7% | 11.3% | -3.0% | -26.7% | -12.3% | -8.8% | -1.6% | -2.3% | -16.1% |
| Basic EPS | 0.20 | 0.15 | 0.09 | 0.05 | 0.02 | 0.00 | 0.04 | -0.01 | -0.07 | -0.04 | -0.03 | -0.01 | 0.13 | -0.04 |
| Diluted EPS | 0.20 | 0.15 | 0.09 | 0.05 | 0.02 | 0.00 | 0.04 | -0.01 | -0.07 | -0.04 | -0.03 | -0.01 | 0.13 | -0.04 |
| Basic Shares Outstanding | - | 669.2M | 636.9M | 632.0M | 2.4M | 621.9M | 617.1M | 616.2M | 1.6M | 607.9M | 604.1M | 600.1M | 13.3M | 554.5M |
| Diluted Shares Outstanding | - | 671.9M | 639.7M | 634.7M | 743K | 625.7M | 622.2M | 616.2M | 1.6M | 607.9M | 604.1M | 600.1M | 13.3M | 554.5M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $241.56M | $133.91M | $296.56M | $23.67M | $26.87M | $22.27M | $24.59M | $80.17M | $106.37M | $100.69M | $106.79M | $95.94M | $104.74M | $144.67M |
| Short-term Investments | $59.64M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | $170.23M | $102.70M | $48.00M | $59.55M | $31.52M | $40.72M | $30.24M | $30.51M | $14.74M | $16.68M | $15.60M | $28.93M | $45.15M | $12.48M |
| Inventory | $38.13M | $40.40M | $58.20M | $45.20M | $34.96M | $34.81M | $44.79M | $37.41M | $28.82M | - | - | - | $37.30M | - |
| Other Current Assets | $26.02M | $15.39M | $24.06M | $25.20M | $33.30M | $22.23M | $16.61M | $22.67M | $27.12M | $18.41M | $27.04M | $22.53M | $16.47M | $14.73M |
| Total Current Assets | $629.34M | $387.51M | $514.86M | $246.31M | $214.15M | $205.97M | $200.23M | $255.25M | $260.26M | $248.41M | $259.15M | $244.95M | $267.73M | $283.92M |
| Property Plant & Equipment | $2.84B | $2.73B | $2.71B | $2.70B | $2.69B | $2.67B | $2.66B | $2.66B | $2.67B | $2.65B | $2.62B | $2.59B | $2.57B | $2.55B |
| Long-term Investments | $47.84M | - | - | - | $33.90M | - | - | - | - | - | - | - | $24.02M | - |
| Other Non-current Assets | $32.60M | $24.01M | $25.93M | $28.27M | $30.17M | $36.03M | $33.93M | $32.63M | $38.47M | $34.16M | $36.01M | $41.44M | $32.30M | $4.20M |
| Total Assets | $3.56B | $3.22B | $3.31B | $3.02B | $2.98B | $2.96B | $2.94B | $2.99B | $3.01B | $2.96B | $2.95B | $2.93B | $2.93B | $2.93B |
| Short-term Debt | - | - | $35.38M | $33.61M | $33.62M | $35.87M | - | - | - | - | - | - | - | - |
| Other Current Liabilities | $1.93M | $10.77M | $4.45M | $9.63M | $1.73M | $11.96M | $14.09M | $13.52M | $9.02M | $5.65M | $4.35M | $11.43M | $3.46M | $5.76M |
| Total Current Liabilities | $231.56M | $179.97M | $192.96M | $172.72M | $197.84M | $188.57M | $155.53M | $152.64M | $157.46M | $145.37M | $151.34M | $165.35M | $178.47M | $161.38M |
| Deferred Tax Liabilities | $246.43M | $196.52M | $155.12M | $124.38M | $110.27M | $111.33M | $100.73M | $98.01M | $104.83M | $109.29M | $118.61M | $121.08M | $125.85M | $154.22M |
| Other Non-current Liabilities | $33.91M | $11.15M | $10.35M | $10.32M | $11.33M | $12.57M | $11.09M | $10.83M | $16.48M | $14.16M | $12.62M | $20.26M | $11.68M | $1.99M |
| Total Liabilities | $969.00M | $772.20M | $999.32M | $949.59M | $941.55M | $917.43M | $959.70M | $1.04B | $1.04B | $983.39M | $952.62M | $933.47M | $948.21M | $979.86M |
| Common Stock | $169.69M | $169.66M | $167.87M | $160.23M | $160.05M | $159.19M | $156.75M | $156.45M | $156.08M | $154.35M | $153.33M | $152.54M | $151.82M | $150.84M |
| Retained Earnings | $-182.14M | $-313.90M | $-411.98M | $-467.17M | $-493.53M | $-496.67M | $-489.74M | $-513.61M | $-503.86M | $-456.97M | $-430.61M | $-411.00M | $-403.93M | $-397.10M |
| Treasury Stock | $35.82M | $35.82M | $35.82M | $34.93M | $34.93M | $34.93M | $34.93M | $34.93M | $33.73M | $33.73M | $33.73M | $32.18M | $31.70M | $31.70M |
| Total Stockholders Equity | $2.59B | $2.45B | $2.31B | $2.07B | $2.04B | $2.04B | $1.98B | $1.96B | $1.97B | $1.98B | $1.99B | $1.99B | $1.98B | $1.95B |
| Total Liabilities & Equity | $3.56B | $3.22B | $3.31B | $3.02B | $2.98B | $2.96B | $2.94B | $2.99B | $3.01B | $2.96B | $2.95B | $2.93B | $2.93B | $2.93B |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $134.41M | $100.73M | $57.70M | $28.87M | $11.92M | $1.76M | $22.12M | $-5.75M | $-42.94M | $-22.41M | $-18.87M | $-3.17M | $-4.45M | $-32.90M |
| Depreciation & Amortization | $39.11M | $126.46M | $77.09M | $39.17M | $41.21M | $149.26M | $105.15M | $51.23M | $51.97M | $111.70M | $74.61M | $39.89M | $38.40M | $106.74M |
| Stock-based Compensation | $3.36M | $7.56M | $4.92M | $1.94M | $2.26M | $6.40M | $4.15M | $1.16M | $1.48M | $5.12M | $2.69M | $1.19M | $1.71M | $4.30M |
| Change in Receivables | $65.41M | $71.43M | $10.44M | $29.31M | $-7.04M | $24.20M | $17.11M | $17.86M | $-113.00K | $-25.02M | $-28.56M | $-15.48M | $26.12M | $-34.79M |
| Change in Inventory | $12.42M | $9.05M | $20.82M | $11.76M | $5.46M | $27.38M | $30.87M | $18.75M | $-304.00K | $24.34M | $18.12M | $9.24M | $-1.24M | $19.47M |
| Operating Cash Flow | $217.06M | $345.58M | $197.53M | $35.74M | $67.47M | $150.81M | $95.80M | $17.08M | $884.00K | $74.61M | $64.38M | $40.60M | $36.12M | $53.77M |
| Capital Expenditure | $82.35M | $170.04M | $112.14M | $54.09M | $60.78M | $153.71M | $98.01M | $47.59M | $62.62M | $161.26M | $105.91M | $54.44M | $56.14M | $93.24M |
| Acquisitions | - | - | - | - | - | - | - | - | $-228.00K | - | - | - | $-1.00K | $-8.95M |
| Purchases of Investments | $21.93M | - | - | - | - | $73.00K | $73.00K | - | $7.21M | - | - | - | - | - |
| Sales of Investments | $24.39M | $3.70M | $3.70M | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-104.87M | $-165.63M | $-108.31M | $-54.04M | $-60.56M | $-152.31M | $-96.81M | $-47.54M | $-68.43M | $-162.86M | $-105.83M | $-54.44M | $314.96M | $-127.69M |
| Debt Repayment | - | $427.25M | $117.00M | $87.00M | $119.00M | $265.00M | $133.00M | $15.00M | $72.00M | $39.00M | $25.00M | $13.00M | $25.00M | - |
| Stock Issued | - | $216.22M | $174.13M | - | - | $58.37M | $1.10M | $1.10M | $30.80M | $25.89M | $25.89M | $11.88M | $12.74M | $4.54M |
| Stock Repurchased | - | $885.00K | $885.00K | - | - | $1.20M | $1.20M | $1.20M | - | $2.04M | $2.04M | $482.00K | - | $3.68M |
| Dividends Paid | $2.70M | $7.68M | $5.02M | $2.51M | $8.64M | $16.69M | $7.99M | $3.99M | $3.96M | $11.76M | $7.81M | $3.89M | $2.38M | $10.55M |
| Financing Cash Flow | $-4.77M | $-73.22M | $180.00M | $15.20M | $-1.46M | $-82.36M | $-79.59M | $4.88M | $72.22M | $84.11M | $42.28M | $5.05M | $-17.08M | $9.58M |
| Net Change in Cash | $107.65M | $107.04M | $269.70M | $-3.20M | $4.59M | $-84.08M | $-81.78M | $-26.21M | $5.69M | $-4.06M | $2.04M | $8.62M | $-40.01M | $-65.15M |
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 | $409.54M | $245.09M | $974.91M | $680.27M |
| Cost of Revenue | $229.07M | $185.80M | $600.91M | $550.39M |
| Gross Profit | $180.47M | $59.29M | $374.00M | $129.88M |
| Operating Expenses | $31.82M | $36.81M | $79.24M | $61.74M |
| Operating Income | $148.65M | $22.48M | $294.76M | $68.14M |
| Interest Expense | $13.40M | $10.90M | $43.24M | $44.42M |
| Other Income/Expense | $2.43M | $1.23M | $4.89M | $3.92M |
| Income Before Tax | $155.60M | $13.21M | $290.89M | $46.22M |
| Income Tax Expense | $54.88M | $11.45M | $103.58M | $22.34M |
| Net Income | $100.73M | $1.76M | $187.30M | $23.88M |
| Basic EPS | 0.15 | 0.00 | 0.29 | 0.04 |
| Diluted EPS | 0.15 | 0.00 | 0.29 | 0.04 |
| Basic Shares Outstanding | $669.19M | $621.92M | $646.31M | $618.42M |
| Diluted Shares Outstanding | $671.94M | $625.74M | $649.53M | $621.79M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $133.91M | $26.87M |
| Accounts Receivable | $102.70M | $31.52M |
| Inventory | $40.40M | $34.96M |
| Other Current Assets | $15.39M | $33.30M |
| Total Current Assets | $387.51M | $214.15M |
| Property Plant & Equipment | $2.73B | $2.69B |
| Other Non-current Assets | $24.01M | $30.17M |
| Total Assets | $3.22B | $2.98B |
| Short-term Debt | - | $33.62M |
| Other Current Liabilities | $10.77M | $9.88M |
| Total Current Liabilities | $179.97M | $197.84M |
| Deferred Tax Liabilities | $196.52M | $110.27M |
| Other Non-current Liabilities | $11.15M | $13.35M |
| Total Liabilities | $772.20M | $941.55M |
| Common Stock | $169.66M | $160.05M |
| Retained Earnings | $-313.90M | $-493.53M |
| Treasury Stock | $35.82M | $34.93M |
| Total Stockholders Equity | $2.45B | $2.04B |
| Total Liabilities & Equity | $3.22B | $2.98B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $100.73M | $1.76M | $187.30M | $23.88M |
| Depreciation & Amortization | - | - | $126.46M | $149.26M |
| Stock-based Compensation | - | - | $7.56M | $6.40M |
| Change in Receivables | - | - | $71.43M | $24.20M |
| Change in Inventory | - | - | $9.05M | $27.38M |
| Operating Cash Flow | - | - | $345.58M | $150.81M |
| Capital Expenditure | - | - | $170.04M | $153.71M |
| Purchases of Investments | - | - | - | $73.00K |
| Sales of Investments | - | - | $3.70M | - |
| Investing Cash Flow | - | - | $-165.63M | $-152.31M |
| Debt Repayment | - | - | $427.25M | $265.00M |
| Stock Issued | - | - | $216.22M | $58.37M |
| Stock Repurchased | - | - | $885.00K | $1.20M |
| Dividends Paid | - | - | $7.68M | $16.69M |
| Financing Cash Flow | - | - | $-73.22M | $-82.36M |
| Net Change in Cash | - | - | $107.04M | $-84.08M |
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.