$5.54B
Revenue
$80.44M
Net Income
11.68%
Gross Margin
4.18%
Op. Margin
$788.30M
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 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $5.54B | $5.54B | $4.33B | $3.88B | $3.79B | $4.64B |
| Revenue Growth % | 0.0% | 28.1% | 11.5% | 2.4% | -18.3% | nan% |
| Cost of Revenue | $4.90B | $4.90B | $4.13B | $3.74B | $3.76B | $4.18B |
| Gross Profit | $647.51M | $647.51M | $197.04M | $140.62M | $29.61M | $466.39M |
| Gross Margin % | 11.7% | 11.7% | 4.6% | 3.6% | 0.8% | 10.0% |
| Operating Income | $231.96M | $231.96M | $-103.75M | $-114.60M | $-204.76M | $226.80M |
| Operating Margin % | 4.2% | 4.2% | -2.4% | -3.0% | -5.4% | 4.9% |
| Interest Expense | $50.42M | $50.42M | $73.67M | $85.16M | $69.64M | $69.03M |
| Other Income/Expense | $27.51M | $27.51M | $19.88M | $17.20M | $6.73M | $2.00M |
| Income Before Tax | $204.51M | $204.51M | $-173.01M | $-182.55M | $-267.67M | $159.78M |
| Income Tax Expense | $61.43M | $61.43M | $-50.67M | $-54.96M | $-75.10M | $25.63M |
| Net Income | $80.44M | $80.44M | $-163.72M | $-171.16M | $-210.01M | $91.92M |
| Net Margin % | 1.5% | 1.5% | -3.8% | -4.4% | -5.5% | 2.0% |
| Basic EPS | 1.53 | 1.53 | -3.13 | -3.30 | -4.09 | 1.80 |
| Diluted EPS | 1.52 | 1.51 | -3.13 | -3.30 | -4.09 | 1.79 |
| Basic Shares Outstanding | - | 52.7M | 52.3M | 51.8M | 51.3M | 51.0M |
| Diluted Shares Outstanding | - | 53.4M | 52.3M | 51.8M | 51.3M | 51.4M |
| 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 | $734.55M | $455.08M | $380.56M | $259.35M | $202.20M |
| Accounts Receivable | $1.22B | $986.89M | $1.05B | $1.17B | $1.45B |
| Other Current Assets | $411.03M | $192.91M | $217.60M | $179.22M | $186.77M |
| Total Current Assets | $4.12B | $3.29B | $3.52B | $3.68B | $3.86B |
| Property Plant & Equipment | $548.00M | $422.99M | $441.29M | $435.09M | $429.64M |
| Goodwill | $205.14M | $205.14M | $205.14M | $205.14M | $205.14M |
| Intangible Assets | $63.83M | $66.07M | $68.31M | $70.54M | $85.07M |
| Other Non-current Assets | $129.99M | $118.55M | $119.68M | $153.26M | $142.55M |
| Total Assets | $5.16B | $4.24B | $4.43B | $4.54B | $4.72B |
| Accounts Payable | $724.93M | $631.47M | $466.55M | $495.35M | $512.06M |
| Short-term Debt | $14.59M | $24.11M | $117.43M | $70.28M | $24.41M |
| Accrued Liabilities | $396.12M | $219.53M | $214.31M | $179.52M | $210.02M |
| Deferred Revenue | $1.84B | $1.22B | $1.10B | $975.81M | $761.69M |
| Total Current Liabilities | $3.24B | $2.33B | $2.12B | $1.97B | $1.78B |
| Long-term Debt | $407.37M | $534.14M | $782.31M | $888.15M | $969.25M |
| Deferred Tax Liabilities | - | - | $956.00K | $4.65M | $70.99M |
| Other Non-current Liabilities | $265.48M | $241.38M | $237.72M | $240.49M | $233.83M |
| Total Liabilities | $3.90B | $3.08B | $3.15B | $3.10B | $3.05B |
| Common Stock | $52.79M | $52.49M | $52.02M | $51.52M | $51.10M |
| Retained Earnings | $46.44M | $-30.57M | $133.15M | $304.30M | $514.31M |
| Total Stockholders Equity | $1.22B | $1.13B | $1.29B | $1.45B | $1.65B |
| Total Liabilities & Equity | $5.16B | $4.24B | $4.43B | $4.54B | $4.72B |
| 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 | $108.44M | $80.44M | $-163.72M | $-171.16M | $-210.01M | $91.92M |
| Depreciation & Amortization | - | $49.81M | $53.79M | $45.23M | - | - |
| Stock-based Compensation | $218.54M | $150.00M | $40.36M | $12.26M | $9.06M | $11.64M |
| Deferred Income Tax | - | $46.86M | $-78.01M | $-64.82M | - | - |
| Change in Receivables | - | $229.73M | $-66.92M | $-116.31M | - | - |
| Change in Payables | - | $93.46M | $164.92M | $-28.80M | - | - |
| Operating Cash Flow | $1.06B | $748.07M | $503.54M | $308.47M | $206.97M | $-148.45M |
| Capital Expenditure | $267.90M | $180.85M | $37.41M | $52.95M | $59.78M | $38.59M |
| Purchases of Investments | $162.19M | $124.81M | $35.64M | $48.35M | $23.95M | $30.76M |
| Investing Cash Flow | $-348.86M | $-257.31M | $-40.69M | $-78.25M | $-65.64M | $-37.34M |
| Debt Repayment | $813.33M | $318.97M | $1.14B | $774.00M | $732.10M | $777.76M |
| Dividends Paid | - | $3.17M | - | - | - | - |
| Financing Cash Flow | $-465.85M | $-184.75M | $-393.35M | $-109.38M | $-78.90M | $-54.66M |
| Net Change in Cash | $241.50M | $306.01M | $69.51M | $120.85M | $62.44M | $-240.46M |
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 | $1.42B | $1.08B | $4.04B | $3.26B |
| Cost of Revenue | $1.25B | $1.11B | $3.54B | $3.05B |
| Gross Profit | $169.40M | $-25.83M | $499.79M | $206.50M |
| Operating Income | $40.09M | $-106.81M | $181.85M | $-17.51M |
| Interest Expense | $13.55M | $21.22M | $41.49M | $63.61M |
| Other Income/Expense | $7.46M | $4.49M | $18.35M | $15.64M |
| Income Before Tax | $34.00M | $-123.54M | $158.71M | $-65.49M |
| Income Tax Expense | $15.15M | $-33.94M | $50.03M | $-19.36M |
| Net Income | $3.63M | $-100.86M | $51.60M | $-84.29M |
| Basic EPS | 0.07 | -1.92 | 0.98 | -1.61 |
| Diluted EPS | 0.07 | -1.92 | 0.97 | -1.61 |
| Basic Shares Outstanding | $52.74M | $52.41M | $52.67M | $52.28M |
| Diluted Shares Outstanding | $53.66M | $52.41M | $53.29M | $52.28M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $695.73M | $455.08M |
| Accounts Receivable | $1.30B | $986.89M |
| Other Current Assets | $431.21M | $192.91M |
| Total Current Assets | $4.17B | $3.29B |
| Property Plant & Equipment | $491.04M | $422.99M |
| Goodwill | $205.14M | $205.14M |
| Intangible Assets | $64.39M | $66.07M |
| Other Non-current Assets | $129.56M | $118.55M |
| Total Assets | $5.17B | $4.24B |
| Accounts Payable | $647.05M | $631.47M |
| Short-term Debt | $20.07M | $24.11M |
| Accrued Liabilities | $377.73M | $219.53M |
| Deferred Revenue | $1.90B | $1.22B |
| Total Current Liabilities | $3.21B | $2.33B |
| Long-term Debt | $393.01M | $510.02M |
| Other Non-current Liabilities | $310.48M | $241.38M |
| Total Liabilities | $3.91B | $3.08B |
| Common Stock | $52.74M | $52.49M |
| Retained Earnings | $21.03M | $-30.57M |
| Total Stockholders Equity | $1.19B | $1.13B |
| Total Liabilities & Equity | $5.17B | $4.24B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $3.63M | $-100.86M | $51.60M | $-84.29M |
| Stock-based Compensation | - | - | $120.68M | $38.96M |
| Operating Cash Flow | - | - | $574.40M | $173.97M |
| Capital Expenditure | - | - | $105.89M | $28.27M |
| Purchases of Investments | - | - | $56.30M | $25.78M |
| Investing Cash Flow | - | - | $-130.95M | $-27.30M |
| Debt Repayment | - | - | $312.21M | $842.13M |
| Financing Cash Flow | - | - | $-149.55M | $-239.96M |
| Net Change in Cash | - | - | $293.90M | $-93.28M |
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.