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$7.20B
Revenue
$-285.00M
Net Income
33.76%
Gross Margin
0.54%
Op. Margin
$-644.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 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)
+ Total Revenue $7.20B $7.20B $7.58B $8.13B $9.46B $10.59B $9.38B $9.71B $10.15B $14.74B $13.26B
Revenue Growth % 0.0% -5.0% -6.8% -14.0% -10.7% 12.8% -3.4% -4.3% -31.1% 11.1% nan%
Cost of Revenue $4.77B $4.77B $5.03B $5.78B $6.62B $7.29B $6.31B $6.50B $6.64B $9.65B $8.87B
+ Gross Profit $2.43B $2.43B $2.55B $2.35B $2.83B $3.30B $3.08B $3.22B $3.52B $3.81B $4.40B
Gross Margin % 33.8% 33.8% 33.6% 28.9% 30.0% 31.1% 32.8% 33.1% 34.6% 25.8% 33.2%
Research & Development - $114.00M $123.00M $117.00M - - - - - - -
Selling General & Admin $1.99B $1.99B $2.08B $2.00B $2.03B $2.27B $2.19B $2.45B $2.65B $2.92B $3.22B
+ Operating Income $39.00M $39.00M $67.00M $-85.00M $312.00M $946.00M $-634.00M $-481.70M $-7.55B $706.80M $1.10B
Operating Margin % 0.5% 0.5% 0.9% -1.0% 3.3% 8.9% -6.8% -5.0% -74.4% 4.8% 8.3%
Interest Expense - $354.00M $319.00M $283.00M $235.00M $256.00M $274.00M $303.00M $446.00M $468.90M $404.50M
Other Income/Expense $-6.00M $-6.00M $-18.00M $-175.00M $81.00M $8.00M $-78.00M $-38.30M $12.60M $713.70M $166.50M
Income Before Tax $-301.00M $-301.00M $-260.00M $-543.00M $157.00M $693.00M $-1.01B $-851.60M $-7.99B $919.30M $814.50M
Income Tax Expense $-16.00M $-16.00M $-44.00M $-155.00M $-40.00M $121.00M $-236.00M $-1.04B $-1.36B $-1.51B $286.00M
+ Net Income $-285.00M $-285.00M $-216.00M $-388.00M $197.00M $572.00M $-770.00M $106.60M $-6.94B $2.75B $527.80M
Net Margin % -4.0% -4.0% -2.8% -4.8% 2.1% 5.4% -8.2% 1.1% -68.4% 18.6% 4.0%
Basic EPS -0.68 -0.68 -0.52 -0.94 0.47 1.34 -1.82 0.25 -14.65 5.65 1.25
Diluted EPS -0.68 -0.68 -0.52 -0.94 0.47 1.34 -1.82 0.25 -14.65 5.63 1.25
Basic Shares Outstanding - 418.2M 415.5M 414.1M 415.7M 425.3M 424.1M 423.3M 473.7M 486.7M 421.3M
Diluted Shares Outstanding - 418.2M 415.5M 414.1M 417.4M 428.0M 424.1M 423.9M 473.7M 488.0M 423.1M
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)
Cash & Cash Equivalents $203.00M $198.00M $332.00M $287.00M $440.00M $981.00M $348.60M $495.70M $485.70M $587.50M
Accounts Receivable $987.00M $878.00M $1.20B $1.25B $1.50B $1.68B $1.84B $2.16B $2.67B $2.75B
Inventory $1.28B $1.40B $1.53B $2.20B $2.00B $1.64B $1.61B $1.76B $2.50B $2.12B
Other Current Assets $237.00M $299.00M $296.00M $312.00M $325.00M $331.00M $313.10M $294.80M $415.50M $288.40M
Total Current Assets $2.71B $2.77B $3.35B $4.05B $4.26B $4.63B $4.11B $5.96B $6.08B $7.48B
Property Plant & Equipment - - - - - $1.18B $1.15B $1.23B $1.71B $1.54B
Goodwill $3.10B $3.04B $3.07B $3.30B $3.50B $3.55B $3.71B $3.87B $7.80B $10.22B
Intangible Assets $1.63B $2.01B $2.49B $2.65B $3.37B $3.56B $4.92B $6.15B $14.24B $14.11B
Other Non-current Assets $785.00M $754.00M $717.00M $691.00M $467.00M $411.00M $361.30M $330.00M $402.70M $383.60M
Total Assets $10.71B $11.00B $12.16B $13.26B $14.18B $14.70B $15.64B $17.72B $33.14B $33.84B
Accounts Payable $931.00M $891.00M $1.00B $1.06B $1.68B $1.53B $1.10B $1.19B $1.76B $1.52B
Short-term Debt $130.00M $87.00M $329.00M $621.00M $3.00M $466.00M $332.40M $318.70M $662.80M $601.90M
Other Current Liabilities $1.46B $1.46B $1.38B $1.27B $1.36B $1.39B $1.34B $1.31B $1.71B $1.46B
Total Current Liabilities $2.52B $2.44B $2.90B $3.08B $3.32B $3.62B $2.98B $3.30B $4.32B $4.29B
Long-term Debt $4.54B $4.51B $4.58B $4.76B $4.88B $5.14B $5.39B $6.70B $9.89B $11.29B
Deferred Tax Liabilities $50.00M $178.00M $241.00M $520.00M $405.00M $414.00M $624.90M $1.09B - -
Other Non-current Liabilities $773.00M $712.00M $892.00M $877.00M $983.00M $1.15B $1.11B $1.38B $1.44B $1.79B
Total Liabilities $8.32B $8.25B $9.05B $9.74B $10.09B $10.80B $10.65B $12.47B $18.95B $22.45B
Common Stock $447.00M $442.00M $440.00M $439.00M $450.00M $448.00M $447.10M $446.10M $508.10M $504.80M
Retained Earnings $-3.23B $-2.94B $-2.73B $-2.34B $-2.60B $-3.17B $-2.40B $-2.51B $4.61B $2.29B
Treasury Stock - - - - $609.00M $598.00M $590.30M $584.70M $573.50M $545.30M
Total Stockholders Equity $2.39B $2.75B $3.11B $3.52B $4.09B $3.87B $4.96B $5.22B $14.14B $11.35B
Total Liabilities & Equity $10.71B $11.00B $12.16B $13.26B $14.18B $14.70B $15.64B $17.72B $33.14B $33.84B
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)
Net Income $-285.00M $-285.00M $-216.00M $-388.00M $197.00M $572.00M $-770.00M $106.60M $-6.94B $2.75B $527.80M
Depreciation & Amortization $311.00M $311.00M $323.00M $334.00M $296.00M $325.00M $357.00M $446.00M $433.90M $635.60M $437.20M
Stock-based Compensation $117.00M $68.00M $74.00M $50.00M $12.00M $52.00M $41.00M $42.50M $75.70M $70.90M $63.90M
Deferred Income Tax $3.00M $-66.00M $-114.00M $-283.00M $97.00M $-41.00M $-261.00M $-1.07B $-1.59B $-1.78B $-33.40M
Change in Receivables $198.00M $53.00M $-241.00M $-67.00M $-130.00M $-130.00M $-168.00M $-310.80M $-161.70M $-288.70M $324.50M
Change in Inventory $55.00M $-172.00M $-70.00M $-673.00M $276.00M $396.00M $29.00M $-131.40M $-125.70M $350.40M $-784.60M
Change in Payables $118.00M $10.00M $-96.00M $-50.00M $-536.00M $177.00M $415.00M $-109.20M $-309.30M $211.00M $282.00M
Operating Cash Flow $-220.00M $264.00M $496.00M $930.00M $-272.00M $884.00M $1.43B $1.04B $680.00M $966.20M $1.83B
Capital Expenditure $424.00M $247.00M $259.00M $284.00M $312.00M $289.00M $259.00M $264.90M $384.40M $406.20M $441.40M
Acquisitions - - - - - - - - - $634.30M $8.64B
Investing Cash Flow $-283.00M $-164.00M $-151.00M $-199.00M $343.00M $-268.00M $-228.00M $735.40M $4.81B $1.08B $-8.82B
Debt Repayment - - $750.00M - - $6.00M $320.00M $1.00B $2.58B $1.51B $1.10B
Stock Repurchased - - - - $325.00M - - - $1.51B $152.40M -
Dividends Paid $211.00M $120.00M $118.00M $184.00M $385.00M $394.00M $392.00M $390.30M $434.60M $428.60M $328.60M
Financing Cash Flow $551.00M $-101.00M $-451.00M $-664.00M $-232.00M $-1.14B $-559.00M $-1.90B $-5.45B $-2.20B $7.34B
Net Change in Cash $57.00M $1.00M $-142.00M $58.00M $-174.00M $-544.00M $650.00M $-124.80M $10.00M $-101.80M $312.70M
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 $1.81B $1.95B $5.31B $5.63B
Cost of Revenue $1.19B $1.27B $3.50B $3.75B
Gross Profit $616.00M $679.00M $1.80B $1.88B
Selling General & Admin $492.00M $536.00M $1.47B $1.52B
Operating Income $119.00M $-121.00M $311.00M $58.00M
Other Income/Expense $6.00M $-9.00M $-3.00M $-15.00M
Income Before Tax $42.00M $-205.00M $58.00M $-181.00M
Income Tax Expense $21.00M $-7.00M $28.00M $-19.00M
Net Income $21.00M $-198.00M $30.00M $-162.00M
Basic EPS 0.05 -0.48 0.07 -0.39
Diluted EPS 0.05 -0.48 0.07 -0.39
Basic Shares Outstanding $419.10M $416.00M $417.90M $415.30M
Diluted Shares Outstanding $423.50M $416.00M $422.40M $415.30M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $229.00M $198.00M
Accounts Receivable $943.00M $878.00M
Inventory $1.46B $1.40B
Other Current Assets $312.00M $299.00M
Total Current Assets $2.94B $2.77B
Goodwill $3.10B $3.04B
Intangible Assets $2.00B $2.01B
Other Non-current Assets $770.00M $754.00M
Total Assets $11.29B $11.00B
Accounts Payable $902.00M $891.00M
Short-term Debt $237.00M $87.00M
Other Current Liabilities $1.45B $1.46B
Total Current Liabilities $2.59B $2.44B
Long-term Debt $4.54B $4.51B
Deferred Tax Liabilities $102.00M $178.00M
Other Non-current Liabilities $924.00M $712.00M
Total Liabilities $8.59B $8.25B
Common Stock $447.00M $442.00M
Retained Earnings $-2.91B $-2.94B
Total Stockholders Equity $2.70B $2.75B
Total Liabilities & Equity $11.29B $11.00B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $21.00M $-198.00M $30.00M $-162.00M
Depreciation & Amortization $77.00M $81.00M $231.00M $245.00M
Stock-based Compensation - - $46.00M $49.00M
Deferred Income Tax - - $16.00M $-9.00M
Change in Receivables - - $13.00M $-238.00M
Change in Inventory - - $2.00M $138.00M
Change in Payables - - $-14.00M $41.00M
Operating Cash Flow - - $103.00M $346.00M
Capital Expenditure - - $177.00M $163.00M
Investing Cash Flow - - $-115.00M $-107.00M
Dividends Paid - - $90.00M $89.00M
Financing Cash Flow - - $59.00M $-64.00M
Net Change in Cash - - $50.00M $160.00M

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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