$1.95B
Revenue
$-339.80M
Net Income
28.17%
Gross Margin
4.03%
Op. Margin
$-445.30M
Free Cash Flow
| 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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.95B | $1.95B | $2.01B | $2.02B | $1.98B | $2.03B | $2.95B | $2.83B | $2.74B | $2.82B | $3.02B | $3.36B | $3.46B | $3.71B | $3.85B | $4.02B |
| Revenue Growth % | 0.0% | -2.9% | -0.3% | 1.8% | -2.3% | -31.3% | 4.4% | 3.0% | -2.8% | -6.4% | -10.2% | -2.9% | -6.7% | -3.8% | -4.1% | nan% |
| Cost of Revenue | $1.40B | $1.40B | $1.42B | $1.46B | $1.45B | $1.54B | $2.28B | $2.14B | $2.26B | $2.26B | $2.47B | $2.58B | $2.61B | $2.73B | $2.87B | $2.95B |
| Gross Profit | $549.30M | $549.30M | $585.90M | $551.30M | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Margin % | 28.2% | 28.2% | 29.2% | 27.4% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $1.87B | $1.87B | $1.91B | $1.94B | $1.93B | $1.94B | $2.71B | $2.54B | $2.74B | $2.77B | $3.07B | $3.20B | $3.24B | $3.39B | $3.53B | $3.64B |
| Research & Development | $24.60M | $24.60M | $25.20M | $24.10M | $24.20M | $26.60M | $31.30M | $31.90M | $47.20M | $55.40M | $76.40M | $68.80M | $69.50M | $81.50M | $76.10M | $78.90M |
| Selling General & Admin | $391.20M | $391.20M | $424.20M | $450.30M | $453.20M | $369.40M | $396.90M | $370.30M | $426.50M | $455.60M | $519.60M | $554.10M | $559.40M | $572.80M | $586.30M | $617.10M |
| Operating Income | $78.50M | $78.50M | $97.40M | $76.90M | $52.20M | $87.00M | $238.20M | $284.10M | $4.60M | $47.60M | $-55.10M | $154.90M | $219.50M | $319.20M | $324.60M | $375.70M |
| Operating Margin % | 4.0% | 4.0% | 4.8% | 3.8% | 2.6% | 4.3% | 8.1% | 10.1% | 0.2% | 1.7% | -1.8% | 4.6% | 6.4% | 8.6% | 8.4% | 9.3% |
| Interest Expense | $23.30M | $23.30M | $35.40M | $30.80M | $32.40M | $29.20M | $62.10M | $64.00M | $52.80M | $27.40M | $11.90M | $9.20M | $9.90M | $27.50M | $63.10M | $101.80M |
| Interest Income | - | $20.70M | $23.20M | $26.30M | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $-297.30M | $-297.30M | $-140.80M | $-393.90M | $-82.40M | $-329.60M | $-136.40M | $-76.90M | $-23.90M | $300.00K | $8.20M | $-200.00K | $9.80M | $-37.60M | $-55.50M | $-51.00M |
| Income Before Tax | $-272.20M | $-272.20M | $-75.30M | $-347.80M | $-62.60M | $-271.80M | $39.70M | $143.20M | $-72.10M | $20.50M | $-58.80M | $145.50M | $219.40M | $254.10M | $206.00M | $222.90M |
| Income Tax Expense | $67.80M | $67.80M | $117.90M | $79.30M | $42.30M | $45.40M | $53.00M | $64.30M | $-5.50M | $57.20M | $44.40M | $86.20M | $99.30M | $97.30M | $64.80M | $58.80M |
| Net Income | $-339.80M | $-339.80M | $-193.40M | $-430.70M | $-106.00M | $750.70M | $-17.20M | $75.50M | $-65.30M | $-47.70M | $-109.90M | $46.70M | $108.50M | $145.60M | $120.50M | $236.10M |
| Net Margin % | -17.4% | -17.4% | -9.6% | -21.4% | -5.4% | 37.0% | -0.6% | 2.7% | -2.4% | -1.7% | -3.6% | 1.4% | 3.1% | 3.9% | 3.1% | 5.9% |
| Basic EPS | -4.76 | -4.79 | -2.79 | -6.31 | -1.57 | 11.93 | -0.31 | 1.48 | -1.30 | -0.95 | -2.20 | 0.89 | 2.10 | 2.95 | 2.79 | 5.55 |
| Diluted EPS | -4.76 | -4.79 | -2.79 | -6.31 | -1.57 | 11.93 | -0.31 | 1.30 | -1.30 | -0.95 | -2.20 | 0.89 | 2.08 | 2.84 | 2.71 | 5.45 |
| Basic Shares Outstanding | - | 71.0M | 69.2M | 68.3M | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted Shares Outstanding | - | 71.0M | 69.2M | 68.3M | - | - | - | - | - | - | - | - | - | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $413.90M | $376.50M | $387.70M | $391.80M | $898.50M | $538.80M | $605.00M | $733.90M | $370.60M | $365.20M | $494.30M | $639.80M | $655.60M | $714.90M | $828.30M |
| Inventory | $13.80M | $16.40M | $15.30M | $14.90M | $13.40M | $16.40M | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $127.70M | $106.30M | $101.80M | $92.30M | $89.30M | $113.80M | $130.20M | $126.20M | $121.90M | $120.90M | $140.60M | - | - | - | - |
| Total Current Assets | $1.00B | $982.40M | $971.00M | $930.40M | $1.51B | $1.22B | $1.30B | $1.39B | $1.03B | $1.11B | $1.32B | $1.54B | $1.51B | $1.60B | $1.88B |
| Property Plant & Equipment | $53.10M | $57.10M | $64.30M | $75.90M | $110.50M | $124.40M | $121.30M | $142.50M | $145.30M | $153.80M | $168.70M | $174.70M | $176.40M | $191.30M | $219.70M |
| Goodwill | $193.80M | $247.90M | $287.40M | $287.10M | $108.60M | $177.20M | $177.80M | $180.80M | $178.60M | $177.40M | $183.90M | $188.70M | $192.30M | $192.50M | $197.90M |
| Intangible Assets | $31.20M | $35.50M | $42.70M | $52.40M | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $160.00M | $185.70M | $200.90M | $190.40M | $204.10M | $201.50M | $202.60M | $190.60M | $181.50M | $194.30M | $209.30M | $165.20M | $122.80M | $131.90M | $211.00M |
| Total Assets | $1.85B | $1.87B | $1.97B | $2.07B | $2.71B | $2.50B | $2.46B | $2.54B | $2.02B | $2.13B | $2.32B | $2.51B | $2.42B | $2.61B | $3.02B |
| Accounts Payable | $81.20M | $97.90M | $130.90M | $160.80M | $223.20M | $252.00M | $268.90M | $241.80M | $189.00M | $219.30M | $262.50M | $246.70M | $228.60M | $241.60M | $260.70M |
| Deferred Revenue | $228.50M | $210.40M | $198.60M | $200.70M | $257.10M | $288.60M | $294.40M | $327.50M | $337.40M | $335.10M | $348.30M | $402.40M | $389.50M | $448.10M | $556.30M |
| Other Current Liabilities | $333.50M | $314.70M | $308.40M | $271.60M | $352.00M | $373.20M | $350.00M | $391.50M | $349.20M | $329.90M | $385.10M | $375.70M | $411.90M | $425.50M | $518.90M |
| Total Current Liabilities | $655.90M | $628.00M | $650.90M | $650.50M | $935.10M | $927.30M | $923.30M | $971.60M | $981.60M | $961.10M | $997.70M | $1.02B | $1.03B | $1.12B | $1.34B |
| Long-term Debt | $700.50M | $488.20M | $491.20M | $495.70M | $527.10M | $566.10M | $642.80M | $633.90M | $194.00M | $233.70M | $222.20M | $210.00M | $210.00M | $358.80M | $823.20M |
| Other Non-current Liabilities | $80.60M | $71.30M | $44.00M | $31.00M | $71.40M | $47.70M | $77.40M | $100.00M | $83.20M | $79.20M | $91.80M | $119.20M | $92.20M | $104.00M | $136.20M |
| Common Stock | $800.00K | $800.00K | $700.00K | $700.00K | $700.00K | $700.00K | $500.00K | $500.00K | $500.00K | $500.00K | $500.00K | $400.00K | $400.00K | $400.00K | $400.00K |
| Retained Earnings | $-2.48B | $-2.14B | $-1.95B | $-1.51B | $-960.50M | $-1.71B | $-1.69B | $-1.96B | $-1.89B | $-1.85B | $-1.74B | $-1.78B | $-1.89B | $-2.04B | $-2.17B |
| Treasury Stock | - | - | - | $156.00M | $114.40M | $109.60M | $105.00M | $102.70M | $100.50M | $100.10M | $99.60M | $62.40M | $48.80M | $48.10M | $46.00M |
| Total Stockholders Equity | $-282.60M | $-283.40M | $-151.80M | $-14.70M | $-356.80M | $-1.27B | $-1.34B | $-1.35B | $-1.63B | $-1.39B | $-1.46B | $-700.50M | $-1.60B | $-1.32B | $-937.30M |
| Total Liabilities & Equity | $1.85B | $1.87B | $1.97B | $2.07B | $2.71B | $2.50B | $2.46B | $2.54B | $2.02B | $2.13B | $2.35B | $2.51B | $2.42B | $2.61B | $3.02B |
| 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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-339.80M | $-339.80M | $-193.40M | $-430.70M | $-106.00M | $750.70M | $-17.20M | $75.50M | $-65.30M | $-47.70M | $-109.90M | $46.70M | $108.50M | $145.60M | $120.50M | $236.10M |
| Depreciation & Amortization | $41.90M | $23.50M | $24.30M | $29.10M | $50.20M | $29.70M | $35.30M | $40.40M | $39.70M | $38.90M | $57.50M | $52.00M | $46.70M | $54.70M | $66.40M | $75.80M |
| Stock-based Compensation | $31.60M | $15.10M | $21.20M | $17.20M | $20.00M | $14.50M | $13.20M | $13.20M | $11.20M | $9.50M | $9.40M | $10.40M | $12.50M | $14.30M | - | - |
| Deferred Income Tax | $-1.00M | $7.70M | $35.60M | $24.50M | $-8.30M | $-13.40M | $4.40M | $8.20M | - | - | - | - | - | - | - | - |
| Change in Receivables | - | - | - | - | - | - | $8.30M | $50.50M | $-5.90M | $-87.30M | $11.50M | $14.30M | $63.50M | $11.20M | $-92.10M | $31.90M |
| Change in Inventory | $13.10M | $-3.00M | $1.70M | - | $8.00M | $-3.00M | $-6.10M | $5.50M | $-4.10M | $-15.30M | $3.70M | $-6.30M | $6.50M | $-14.20M | $-22.10M | $-12.40M |
| Operating Cash Flow | $-389.60M | $-140.00M | $135.10M | $74.20M | $12.70M | $-681.20M | $123.90M | $73.90M | $166.40M | $218.20M | $1.20M | $121.40M | $187.40M | $261.30M | $317.20M | $336.80M |
| Capital Expenditure | $55.70M | $30.00M | $16.00M | $21.30M | $31.00M | $27.70M | $38.00M | $35.60M | $25.80M | $32.50M | $49.60M | $53.30M | $47.20M | $40.10M | $42.20M | $64.10M |
| Acquisitions | - | - | - | $1.20M | $300.00K | - | - | - | - | - | - | - | - | - | - | - |
| Purchases of Investments | - | - | - | $2.74B | $3.38B | $3.38B | $3.57B | $3.72B | $4.69B | $4.49B | $3.81B | $5.64B | $5.33B | $4.11B | $688.20M | $416.50M |
| Investing Cash Flow | $-62.10M | $-31.80M | $-97.40M | $-69.60M | $-131.40M | $1.04B | $-158.20M | $-185.00M | $-152.50M | $-182.20M | $-177.90M | $-195.30M | $-162.70M | $-126.70M | $-96.30M | $-61.60M |
| Debt Repayment | $982.00M | $492.10M | $15.40M | $16.90M | $17.80M | $454.80M | $14.40M | $2.30M | $107.50M | $129.80M | $10.40M | - | - | $388.90M | $555.70M | $92.80M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | - | - | $35.70M | $11.70M | - | - | - |
| Financing Cash Flow | $372.30M | $186.00M | $-18.10M | $-17.30M | $-21.60M | $5.10M | $-38.00M | $-4.80M | $329.90M | $-16.70M | $90.60M | $-36.90M | $-23.00M | $-204.40M | $-319.40M | $-91.50M |
| Net Change in Cash | $-33.60M | $31.10M | $-6.10M | $-6.00M | $-157.90M | $354.90M | $-72.30M | $-140.00M | $363.00M | $4.30M | $-133.40M | $-145.50M | $-15.80M | $-59.30M | $-113.40M | $180.70M |
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 | $460.20M | - | $1.38B | - |
| Cost of Revenue | $343.00M | - | $1.02B | - |
| Operating Expenses | $493.70M | - | $1.37B | - |
| Research & Development | $4.80M | - | $16.50M | - |
| Selling General & Admin | $90.90M | - | $281.30M | - |
| Operating Income | $-33.50M | - | $1.90M | - |
| Interest Expense | $18.20M | - | $34.60M | - |
| Other Income/Expense | $-241.20M | - | $-280.20M | - |
| Income Before Tax | $-292.90M | - | $-312.90M | - |
| Income Tax Expense | $16.30M | - | $46.90M | - |
| Net Income | $-308.90M | $-12.50M | $-358.50M | - |
| Basic EPS | -4.33 | - | -5.06 | - |
| Diluted EPS | -4.33 | - | -5.06 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $321.90M | $376.50M |
| Inventory | $18.20M | $16.40M |
| Other Current Assets | $105.90M | $103.20M |
| Total Current Assets | $865.60M | $979.30M |
| Property Plant & Equipment | $54.20M | $57.10M |
| Goodwill | $193.80M | $247.90M |
| Intangible Assets | $32.30M | $35.50M |
| Other Non-current Assets | $174.20M | $181.60M |
| Total Assets | $1.74B | $1.87B |
| Accounts Payable | $112.40M | $97.90M |
| Deferred Revenue | $185.30M | $210.40M |
| Other Current Liabilities | $255.00M | $314.70M |
| Total Current Liabilities | $564.40M | $628.00M |
| Long-term Debt | $723.20M | $488.20M |
| Other Non-current Liabilities | $82.50M | $71.30M |
| Common Stock | $800.00K | $800.00K |
| Retained Earnings | $-2.50B | $-2.14B |
| Total Stockholders Equity | $-300.20M | $-283.40M |
| Total Liabilities & Equity | $1.74B | $1.87B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-308.90M | $-12.50M | $-358.50M | - |
| Depreciation & Amortization | - | - | $17.60M | - |
| Stock-based Compensation | - | - | $12.20M | - |
| Deferred Income Tax | - | - | $4.40M | - |
| Change in Inventory | - | - | $1.30M | - |
| Operating Cash Flow | - | - | $-244.90M | - |
| Capital Expenditure | - | - | $22.40M | - |
| Investing Cash Flow | - | - | $-21.60M | - |
| Debt Repayment | - | - | $490.00M | - |
| Financing Cash Flow | - | - | $188.10M | - |
| Net Change in Cash | - | - | $-60.10M | - |
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.