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$18.61B
Revenue
$-1.43B
Net Income
-4.58%
Gross Margin
-8.44%
Op. Margin
$-2.10B
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 $18.61B $18.61B $19.18B $22.00B $22.99B $20.44B
Revenue Growth % 0.0% -3.0% -12.8% -4.3% 12.4% nan%
Cost of Revenue $19.46B $19.47B $19.11B $20.61B $20.47B $15.91B
+ Gross Profit $-852.00M $-860.00M $70.00M $1.39B $2.52B $4.53B
Gross Margin % -4.6% -4.6% 0.4% 6.3% 11.0% 22.2%
Operating Expenses $20.18B $20.19B $19.94B $21.32B $21.05B $16.43B
Selling General & Admin $544.00M $543.00M $486.00M $577.00M $465.00M $422.00M
+ Operating Income $-1.57B $-1.58B $-756.00M $677.00M $1.94B $4.01B
Operating Margin % -8.4% -8.5% -3.9% 3.1% 8.4% 19.6%
Interest Expense - $459.00M $255.00M $256.00M - -
Other Income/Expense $-23.00M $1.00M $-37.00M $5.00M $-4.00M $6.00M
Income Before Tax $-2.00B $-2.00B $-943.00M $597.00M $1.80B $3.80B
Income Tax Expense $-579.00M $-581.00M $-235.00M $148.00M $423.00M $773.00M
+ Net Income $-1.43B $-1.48B $-760.00M $385.00M $1.38B $3.03B
Net Margin % -7.7% -7.9% -4.0% 1.8% 6.0% 14.8%
Basic EPS nan -2.91 -1.57 0.78 2.57 5.63
Diluted EPS nan -2.91 -1.57 0.78 2.55 5.36
Basic Shares Outstanding - 508.0M 480.0M 510.0M - -
Diluted Shares Outstanding - 508.0M 480.0M 511.0M - -
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 $57.00M $54.00M $198.00M $26.00M $48.00M
Accounts Receivable $1.44B $1.58B $1.84B $1.96B $2.15B
Inventory $4.77B $5.09B $4.46B $5.13B $5.19B
Other Current Assets $164.00M $183.00M $138.00M $306.00M $263.00M
Total Current Assets $6.43B $6.91B $6.64B $7.42B $7.65B
Property Plant & Equipment $9.48B $9.94B $8.89B $9.07B $9.19B
Goodwill $1.81B $1.77B $1.00B $1.13B $1.12B
Intangible Assets $1.14B $1.17B $201.00M - -
Other Non-current Assets $678.00M $733.00M $672.00M $777.00M $1.02B
Total Assets $20.01B $20.95B $17.54B $18.75B $18.98B
Accounts Payable $1.89B $2.01B $2.10B $2.19B $2.07B
Accrued Liabilities $396.00M $375.00M $380.00M $383.00M -
Other Current Liabilities $496.00M $492.00M $518.00M $934.00M $765.00M
Total Current Liabilities $3.30B $3.32B $3.51B $3.55B $3.56B
Long-term Debt $7.25B $7.07B $3.14B $4.25B $5.24B
Other Non-current Liabilities $1.42B $1.45B $1.31B $1.27B $1.44B
Total Liabilities $13.69B $14.05B $9.41B $10.71B $13.20B
Retained Earnings $-529.00M $979.00M $1.73B $1.33B $-1.00M
Treasury Stock - - - $310.00M $82.00M
Total Stockholders Equity $6.12B $6.66B $7.89B $7.79B $5.49B
Total Liabilities & Equity $20.01B $20.95B $17.54B $18.75B $18.98B
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 $-1.43B $-1.48B $-760.00M $385.00M $1.38B $3.03B
Depreciation & Amortization $1.24B $1.24B $951.00M $973.00M $1.03B $897.00M
Deferred Income Tax $-958.00M $-506.00M $-195.00M $114.00M $90.00M $767.00M
Change in Receivables - $-134.00M $-364.00M $-120.00M $-197.00M $754.00M
Change in Inventory $-893.00M $-315.00M $5.00M $-670.00M $-64.00M $1.37B
Operating Cash Flow $-1.12B $-462.00M $105.00M $2.27B $2.42B $2.79B
Capital Expenditure $977.00M $561.00M $695.00M $646.00M $943.00M $705.00M
Investing Cash Flow $-880.00M $-479.00M $-3.21B $-591.00M $-936.00M $-1.38B
Debt Repayment $685.00M $685.00M $845.00M - $1.36B $1.37B
Stock Issued - $951.00M - - - $322.00M
Stock Repurchased - - $733.00M $152.00M $240.00M -
Financing Cash Flow $2.01B $942.00M $2.97B $-1.50B $-1.51B $-1.47B
Net Change in Cash - - - $172.00M $-22.00M $-64.00M
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 $4.73B - $14.30B -
Cost of Revenue $4.78B - $14.95B -
Operating Expenses $4.94B - $15.54B -
Selling General & Admin $130.00M - $399.00M -
Operating Income $-204.00M - $-1.25B -
Other Income/Expense $1.00M - $2.00M -
Income Before Tax $-309.00M - $-1.56B -
Income Tax Expense $-78.00M - $-375.00M -
Net Income $-234.00M - $-1.19B -
Basic EPS -0.51 - -2.49 -
Diluted EPS -0.51 - -2.49 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $66.00M $54.00M
Accounts Receivable $1.80B $1.58B
Inventory $4.68B $5.09B
Other Current Assets $143.00M $183.00M
Total Current Assets $6.69B $6.91B
Property Plant & Equipment $9.51B $9.94B
Goodwill $1.80B $1.77B
Intangible Assets $1.14B $1.17B
Other Non-current Assets $686.00M $733.00M
Total Assets $20.29B $20.95B
Accounts Payable $1.91B $2.01B
Accrued Liabilities $339.00M $375.00M
Other Current Liabilities $462.00M $492.00M
Total Current Liabilities $3.28B $3.36B
Long-term Debt $8.04B $7.07B
Other Non-current Liabilities $1.50B $1.45B
Total Liabilities $14.58B $14.08B
Retained Earnings $-286.00M $949.00M
Total Stockholders Equity $5.47B $6.63B
Total Liabilities & Equity $20.29B $20.95B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-234.00M - $-1.19B -
Depreciation & Amortization $288.00M - $963.00M -
Deferred Income Tax - - $-381.00M -
Change in Inventory - - $-399.00M -
Operating Cash Flow - - $-449.00M -
Capital Expenditure - - $421.00M -
Investing Cash Flow - - $-394.00M -
Debt Repayment - - - -
Stock Repurchased - - - -
Financing Cash Flow - - $853.00M -

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.

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