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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 17 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)
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)
FY 2009
(Dec 31, 2009)
+ Total Revenue $18.61B $18.61B $19.18B $22.00B $22.99B $20.44B $5.35B $1.99B $2.33B $2.33B $2.11B $2.01B $4.62B $5.69B $5.87B $6.56B $4.48B $2.34B
Revenue Growth % 0.0% -3.0% -12.8% -4.3% 12.4% 281.8% 169.1% -14.7% 0.1% 10.5% 4.8% -56.5% -18.8% -3.1% -10.5% 46.4% 91.5% nan%
Cost of Revenue $19.46B $19.47B $19.11B $20.61B $20.47B $15.91B $5.10B $1.41B $1.52B $1.83B $1.72B $1.78B $4.17B $4.54B $4.70B $3.95B $3.03B $2.03B
+ Gross Profit $-852.00M - - - - - - $575.70M $809.60M $501.70M $389.30M $236.50M $451.40M $1.15B $1.17B $2.61B $1.46B $308.90M
Gross Margin % -4.6% nan% nan% nan% nan% nan% nan% 28.9% 34.7% 21.5% 18.5% 11.7% 9.8% 20.2% 20.0% 39.8% 32.5% 13.2%
Operating Expenses $20.18B $20.19B $19.94B $21.32B $21.05B $16.43B $5.50B $146.40M $136.40M $78.10M $148.50M $85.20M $9.90B $478.30M $1.48B $314.10M $225.90M $78.70M
Selling General & Admin $544.00M $543.00M $486.00M $577.00M $465.00M $422.00M $244.00M $119.40M $116.80M $105.80M $117.80M $110.00M $208.70M $231.60M $282.50M $248.30M $171.70M $120.70M
+ Operating Income $-1.57B $-1.58B $-756.00M $677.00M $1.94B $4.01B $-142.00M $429.30M $673.20M $423.60M $240.80M $151.30M $-9.45B $671.00M $-308.80M $2.30B $1.23B $230.20M
Operating Margin % -8.4% -8.5% -3.9% 3.1% 8.4% 19.6% -2.7% 21.6% 28.9% 18.2% 11.4% 7.5% -204.3% 11.8% -5.3% 35.0% 27.5% 9.8%
Interest Expense - $459.00M $255.00M $256.00M - - - - - - - - - - - $216.50M $69.70M $39.00M
Interest Income - - - - - - - - - - - - - - - $9.50M $9.90M $10.80M
Other Income/Expense $-23.00M $1.00M $-37.00M $5.00M $-4.00M $6.00M $57.00M $2.20M $17.20M $3.20M $400.00K $-2.60M $26.80M $900.00K $2.70M $-2.00M $12.50M $2.90M
Income Before Tax $-2.00B $-2.00B $-943.00M $597.00M $1.80B $3.80B $-193.00M $313.00M $564.70M $129.40M $207.00M $313.10M $-9.60B $489.30M $-501.80M $2.19B $1.27B $290.60M
Income Tax Expense $-579.00M $-581.00M $-235.00M $148.00M $423.00M $773.00M $-111.00M $17.60M $-475.20M $-252.40M $-12.20M $169.30M $-1.30B $55.10M $255.90M $407.70M $282.50M $20.80M
+ Net Income $-1.43B $-1.48B $-760.00M $385.00M $1.38B $3.03B $-81.00M $292.80M $1.13B $367.00M $174.10M $-749.30M $-7.22B $413.50M $-899.40M $1.62B $1.02B $205.10M
Net Margin % -7.7% -7.9% -4.0% 1.8% 6.0% 14.8% -1.5% 14.7% 48.4% 15.7% 8.3% -37.2% -156.2% 7.3% -15.3% 24.7% 22.7% 8.8%
Basic EPS nan -2.91 -1.57 0.78 2.57 5.63 -0.32 1.06 3.80 1.28 0.88 -5.14 -47.52 2.40 -6.32 11.55 7.54 1.64
Diluted EPS nan -2.91 -1.57 0.78 2.55 5.36 -0.32 1.03 3.71 1.26 0.87 -5.13 -47.52 2.37 -6.32 11.48 7.49 1.63
Basic Shares Outstanding - 508.0M 480.0M 510.0M - - - 276.8M 297.2M 288.4M 197.7M 153.2M 153.1M 151.7M 142.4M 140.2M 135.3M 125.0M
Diluted Shares Outstanding - 508.0M 480.0M 511.0M - - - 284.5M 304.1M 293.0M 200.1M 153.6M 153.1M 174.3M 142.4M 141.0M 136.1M 125.8M
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)
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)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $57.00M $54.00M $198.00M $26.00M $48.00M $112.00M $352.60M $823.20M $1.01B $323.40M $285.20M $290.90M $335.50M $195.20M $519.30M $1.57B $502.70M
Accounts Receivable $1.44B $1.58B $1.84B $1.96B $2.15B $1.17B $94.00M $226.70M $140.60M $128.70M $40.20M $205.60M $270.00M $329.00M $287.90M $359.10M $103.50M
Inventory $4.77B $5.09B $4.46B $5.13B $5.19B $3.83B $317.40M $87.90M $183.40M $178.40M $329.60M $326.70M $391.40M $436.50M $456.90M $269.20M $272.50M
Other Current Assets $164.00M $183.00M $138.00M $306.00M $263.00M $165.00M $29.50M $27.40M $28.00M $54.10M $30.30M $192.80M $236.40M $216.20M $166.30M $114.80M $66.90M
Total Current Assets $6.43B $6.91B $6.64B $7.42B $7.65B $5.30B $897.90M $1.48B $1.54B $824.60M $982.70M $1.45B $1.56B $1.65B $1.91B $2.58B $1.16B
Property Plant & Equipment $9.48B $9.94B $8.89B $9.07B $9.19B $8.74B $1.93B $1.29B $1.05B $984.40M $1.06B $1.41B $11.15B $11.21B $10.40B $3.98B $2.59B
Goodwill $1.81B $1.77B $1.00B $1.13B $1.12B $1.41B $2.00M - - - - - - $167.40M $1.15B $196.50M $74.60M
Intangible Assets $1.14B $1.17B $201.00M - - - - - - - - - - $129.00M $147.00M $175.80M $114.80M
Long-term Investments - - - - - - - - - - - - - - - $85.90M $88.10M
Other Non-current Assets $678.00M $733.00M $672.00M $777.00M $1.02B $787.00M $154.70M $94.90M $122.50M $114.90M $93.80M $143.80M $408.50M $193.60M $191.20M $45.90M $92.00M
Total Assets $20.01B $20.95B $17.54B $18.75B $18.98B $16.77B $3.50B $3.53B $2.95B $1.92B $2.14B $3.16B $13.12B $13.57B $14.54B $7.78B $4.64B
Accounts Payable $1.89B $2.01B $2.10B $2.19B $2.07B $1.57B $193.20M $186.80M $127.70M $107.60M $106.30M $272.10M $345.50M $555.50M $364.70M $266.50M $178.90M
Accrued Liabilities $396.00M $375.00M $380.00M $383.00M - - $126.30M $158.90M $33.70M $41.10M $85.70M $255.30M $206.40M $258.90M $165.00M $136.70M $77.40M
Deferred Revenue - - - - - - - - - - - - - $35.90M $126.60M $215.60M $105.10M
Other Current Liabilities $496.00M $492.00M $518.00M $934.00M $765.00M $596.00M $52.00M $83.30M $56.00M $91.40M $87.30M $150.70M $203.00M $225.10M $259.90M $80.60M $59.10M
Total Current Liabilities $3.30B $3.32B $3.51B $3.55B $3.56B $2.93B $409.40M $468.20M $452.20M $391.10M $581.70M $958.60M $1.09B $1.38B $1.50B $1.03B $570.40M
Long-term Debt $7.25B $7.07B $3.14B $4.25B $5.24B $5.39B $2.11B $2.09B $2.30B $2.18B $2.70B $2.96B $3.02B $3.96B $3.61B $1.71B -
Other Non-current Liabilities $1.42B $1.45B $1.31B $1.27B $1.44B $1.26B $146.30M $115.30M $186.90M $213.80M $213.80M $274.90M $379.30M $492.60M $449.80M $256.70M $212.70M
Total Liabilities $13.69B $14.05B $9.41B $10.71B $13.20B $13.69B $3.15B $3.11B $3.40B $3.25B $3.95B $4.90B $6.24B $7.81B $7.50B $3.94B $2.10B
Common Stock - - - - - - - - - - - - - - $18.50M $17.30M $16.80M
Retained Earnings $-529.00M $979.00M $1.73B $1.33B $-1.00M $-2.99B $-2.84B $-3.06B $-4.21B $-4.57B $-4.75B $-3.96B $3.41B $3.22B $4.42B $2.92B $1.97B
Treasury Stock - - - $310.00M $82.00M $354.00M $390.70M $186.10M $169.60M $245.50M $265.00M $285.70M $305.50M $322.60M $336.00M $37.70M $19.90M
Total Stockholders Equity $6.12B $6.66B $7.89B $7.79B $5.49B $2.02B $358.00M $424.20M $-444.30M $-1.46B $-1.98B $-1.43B $6.07B $4.63B $5.79B $3.85B $2.54B
Total Liabilities & Equity $20.01B $20.95B $17.54B $18.75B $18.98B $16.77B $3.50B $3.53B $2.95B $1.92B $2.14B $3.16B $13.12B $13.57B $14.54B $7.78B $4.64B
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)
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)
FY 2009
(Dec 31, 2009)
Net Income $-1.43B $-1.48B $-760.00M $385.00M $1.38B $3.03B $-81.00M $292.80M $1.13B $367.00M $174.10M $-749.30M $-7.22B $413.50M $-899.40M $1.62B $1.02B $205.10M
Depreciation & Amortization $1.24B $1.24B $951.00M $973.00M $1.03B $897.00M $308.00M $85.10M $89.00M $87.70M $115.40M $134.00M $504.00M $593.30M $525.80M $426.90M $322.30M $236.60M
Stock-based Compensation - - - - - - - - - - - - - - $16.50M $13.90M $12.50M $10.10M
Deferred Income Tax $-958.00M $-506.00M $-195.00M $114.00M $90.00M $767.00M $-101.00M $16.80M $-460.50M - - $159.80M $-1.15B $-138.10M $127.00M $-66.60M $15.20M $60.80M
Change in Receivables - $-134.00M $-364.00M $-120.00M $-197.00M $754.00M - - - - - - - - - $-81.40M $204.60M $24.20M
Change in Inventory $-893.00M $-315.00M $5.00M $-670.00M $-64.00M $1.37B $146.00M $136.30M $-42.90M $1.80M $-157.80M $62.00M $-37.80M $-30.80M $-39.90M $74.50M $-61.20M $-7.70M
Operating Cash Flow $-1.12B $-462.00M $105.00M $2.27B $2.42B $2.79B $-261.00M $562.50M $478.50M $338.10M $303.00M $37.90M $358.90M $1.15B $514.50M $2.29B $1.32B $185.70M
Capital Expenditure $977.00M $561.00M $695.00M $646.00M $943.00M $705.00M $525.00M $639.00M $87.50M $151.70M $69.10M $80.80M $284.10M $861.60M $1.13B $880.70M $266.90M $116.30M
Acquisitions - - - - - - - - - - - - - - - - $994.50M -
Purchases of Investments - - - - - - - - - - - - - - - - $6.60M $14.90M
Investing Cash Flow $-880.00M $-479.00M $-3.21B $-591.00M $-936.00M $-1.38B $-2.04B $-644.40M $-273.10M $-156.00M $-57.90M $-103.20M $-103.60M $-811.30M $-961.80M $-5.30B $-1.37B $-179.30M
Debt Repayment $685.00M $685.00M $845.00M - $1.36B $1.37B $1.02B $729.30M $234.50M $1.72B - - - - - - $200.00M -
Stock Issued - $951.00M - - - $322.00M - - - $661.30M $287.40M - - $285.30M - $853.70M - $347.30M
Stock Repurchased - - $733.00M $152.00M $240.00M - - $252.90M $47.50M - - - - - - $289.80M - -
Dividends Paid - - - - - - $41.00M $72.10M - - - - $92.50M $91.90M $307.20M $118.90M $68.90M $31.90M
Financing Cash Flow $2.01B $942.00M $2.97B $-1.50B $-1.51B $-1.47B $2.06B $-394.10M $-375.20M $498.90M $-206.40M $61.00M $-288.30M $-171.90M $119.60M $1.98B $1.09B $304.30M
Net Change in Cash - - - $172.00M $-22.00M $-64.00M $-244.00M $-475.00M $-172.00M $684.30M $38.20M $-5.70M $-44.60M $140.30M $-326.40M $-1.05B $1.06B $323.70M
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 $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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