$7.20B
Revenue
$-285.00M
Net Income
33.76%
Gross Margin
0.54%
Op. Margin
$-644.00M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.90B | $1.81B | $1.94B | $1.57B | $1.95B | $1.95B | $2.03B | $1.65B | $2.08B | $2.05B | $2.20B | $1.80B | $2.29B | $2.25B |
| Revenue Growth % (YoY) | -2.7% | -7.2% | -4.8% | -5.3% | -6.1% | -4.9% | -7.8% | -8.4% | -9.1% | -9.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.27B | $1.19B | $1.25B | $1.06B | $1.28B | $1.27B | $1.33B | $1.15B | $1.46B | $1.43B | $1.57B | $1.32B | $1.67B | $1.60B |
| Gross Profit | $628.00M | $616.00M | $685.00M | $503.00M | $666.00M | $679.00M | $699.00M | $504.00M | $621.00M | $621.00M | $629.00M | $482.00M | $616.00M | $653.00M |
| Gross Margin % | 33.1% | 34.1% | 35.4% | 32.1% | 34.2% | 34.9% | 34.4% | 30.5% | 29.9% | 30.3% | 28.5% | 26.7% | 27.0% | 29.0% |
| Selling General & Admin | $514.00M | $492.00M | $508.00M | $471.00M | $565.00M | $536.00M | $520.00M | $462.00M | $544.00M | $501.00M | $476.00M | $480.00M | $544.00M | $467.00M |
| Operating Income | $-272.00M | $119.00M | $171.00M | $21.00M | $9.00M | $-121.00M | $163.00M | $16.00M | $-10.00M | $-159.00M | $120.00M | $-36.00M | $-257.00M | $35.00M |
| Operating Margin % | -14.3% | 6.6% | 8.8% | 1.3% | 0.5% | -6.2% | 8.0% | 1.0% | -0.5% | -7.8% | 5.4% | -2.0% | -11.2% | 1.6% |
| Interest Expense | - | - | - | - | - | - | - | $70.00M | $70.00M | $69.00M | $76.00M | $68.00M | $64.00M | $57.00M |
| Other Income/Expense | $-3.00M | $6.00M | $-5.00M | $-4.00M | $-3.00M | $-9.00M | $-1.00M | $-5.00M | $-84.00M | $-70.00M | $-9.00M | $-12.00M | $-27.00M | $-8.00M |
| Income Before Tax | $-359.00M | $42.00M | $71.00M | $-55.00M | $-79.00M | $-205.00M | $84.00M | $-60.00M | $-164.00M | $-298.00M | $35.00M | $-116.00M | $-349.00M | $-30.00M |
| Income Tax Expense | $-44.00M | $21.00M | $25.00M | $-18.00M | $-25.00M | $-7.00M | $39.00M | $-51.00M | $-78.00M | $-80.00M | $17.00M | $-14.00M | $-77.00M | $-61.00M |
| Net Income | $-315.00M | $21.00M | $46.00M | $-37.00M | $-54.00M | $-198.00M | $45.00M | $-9.00M | $-86.00M | $-218.00M | $18.00M | $-102.00M | $-272.00M | $31.00M |
| Net Margin % | -16.6% | 1.2% | 2.4% | -2.4% | -2.8% | -10.2% | 2.2% | -0.5% | -4.1% | -10.6% | 0.8% | -5.7% | -11.9% | 1.4% |
| Basic EPS | -0.75 | 0.05 | 0.11 | -0.09 | -0.13 | -0.48 | 0.11 | -0.02 | -0.21 | -0.53 | 0.04 | -0.25 | -0.66 | 0.07 |
| Diluted EPS | -0.75 | 0.05 | 0.11 | -0.09 | -0.13 | -0.48 | 0.11 | -0.02 | -0.21 | -0.53 | 0.04 | -0.25 | -0.65 | 0.07 |
| Basic Shares Outstanding | - | 419.1M | 417.8M | 416.8M | 200K | 416.0M | 415.2M | 414.7M | - | 414.2M | 414.2M | 413.9M | -700K | 413.6M |
| Diluted Shares Outstanding | - | 423.5M | 420.9M | 416.8M | 200K | 416.0M | 418.2M | 414.7M | - | 414.2M | 415.3M | 413.9M | -900K | 414.6M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $203.00M | $229.00M | $219.00M | $233.00M | $198.00M | $494.00M | $382.00M | $372.00M | $332.00M | $396.00M | $317.00M | $271.00M | $287.00M | $636.00M |
| Accounts Receivable | $987.00M | $943.00M | $1.08B | $892.00M | $878.00M | $931.00M | $1.07B | $958.00M | $1.20B | $1.21B | $1.28B | $1.22B | $1.25B | $1.50B |
| Inventory | $1.28B | $1.46B | $1.51B | $1.59B | $1.40B | $1.65B | $1.64B | $1.70B | $1.53B | $1.78B | $1.94B | $2.24B | $2.20B | $2.53B |
| Other Current Assets | $237.00M | $312.00M | $296.00M | $334.00M | $299.00M | $285.00M | $332.00M | $376.00M | $296.00M | $362.00M | $300.00M | $326.00M | $312.00M | $483.00M |
| Total Current Assets | $2.71B | $2.94B | $3.11B | $3.05B | $2.77B | $3.36B | $3.42B | $3.40B | $3.35B | $3.75B | $3.84B | $4.05B | $4.05B | $5.15B |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.12B |
| Goodwill | $3.10B | $3.10B | $3.10B | $3.06B | $3.04B | $3.07B | $3.06B | $3.06B | $3.07B | $3.05B | $3.31B | $3.31B | $3.30B | $3.30B |
| Intangible Assets | $1.63B | $2.00B | $2.02B | $2.01B | $2.01B | $2.15B | $2.41B | $2.45B | $2.49B | $2.55B | $2.61B | $2.63B | $2.65B | $2.87B |
| Other Non-current Assets | $785.00M | $770.00M | $770.00M | $726.00M | $754.00M | $750.00M | $765.00M | $732.00M | $717.00M | $719.00M | $708.00M | $699.00M | $691.00M | $874.00M |
| Total Assets | $10.71B | $11.29B | $11.51B | $11.28B | $11.00B | $11.77B | $12.05B | $12.10B | $12.16B | $12.57B | $13.02B | $13.28B | $13.26B | $14.68B |
| Accounts Payable | $931.00M | $902.00M | $885.00M | $1.05B | $891.00M | $1.05B | $1.08B | $1.04B | $1.00B | $1.08B | $1.01B | $1.09B | $1.06B | $1.44B |
| Short-term Debt | $130.00M | $237.00M | $542.00M | $397.00M | $87.00M | $869.00M | $983.00M | $429.00M | $329.00M | $376.00M | $597.00M | $852.00M | $621.00M | $1.08B |
| Other Current Liabilities | $1.46B | $1.45B | $1.35B | $1.24B | $1.46B | $1.49B | $1.44B | $1.49B | $1.38B | $1.41B | $1.32B | $1.24B | $1.27B | $1.47B |
| Total Current Liabilities | $2.52B | $2.59B | $2.78B | $2.69B | $2.44B | $3.40B | $3.50B | $2.96B | $2.90B | $3.02B | $3.06B | $3.29B | $3.08B | $4.11B |
| Long-term Debt | $4.54B | $4.54B | $4.54B | $4.52B | $4.51B | $4.09B | $4.06B | $4.56B | $4.58B | $4.74B | $4.75B | $4.78B | $4.76B | $4.76B |
| Deferred Tax Liabilities | $50.00M | $102.00M | $117.00M | $184.00M | $178.00M | $223.00M | $236.00M | $237.00M | $241.00M | $393.00M | $479.00M | $501.00M | $520.00M | $641.00M |
| Other Non-current Liabilities | $773.00M | $924.00M | $942.00M | $763.00M | $712.00M | $774.00M | $757.00M | $851.00M | $892.00M | $839.00M | $931.00M | $870.00M | $877.00M | $872.00M |
| Total Liabilities | $8.32B | $8.59B | $8.81B | $8.59B | $8.25B | $8.91B | $8.97B | $9.02B | $9.05B | $9.45B | $9.71B | $9.94B | $9.74B | $10.90B |
| Common Stock | $447.00M | $447.00M | $445.00M | $445.00M | $442.00M | $442.00M | $441.00M | $441.00M | $440.00M | $440.00M | $440.00M | $439.00M | $439.00M | $439.00M |
| Retained Earnings | $-3.23B | $-2.91B | $-2.93B | $-2.98B | $-2.94B | $-2.89B | $-2.69B | $-2.73B | $-2.73B | $-2.64B | $-2.42B | $-2.44B | $-2.34B | $-2.13B |
| Total Stockholders Equity | $2.39B | $2.70B | $2.69B | $2.69B | $2.75B | $2.86B | $3.08B | $3.08B | $3.11B | $3.13B | $3.31B | $3.33B | $3.52B | $3.78B |
| Total Liabilities & Equity | $10.71B | $11.29B | $11.51B | $11.28B | $11.00B | $11.77B | $12.05B | $12.10B | $12.16B | $12.57B | $13.02B | $13.28B | $13.26B | $14.68B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-315.00M | $21.00M | $46.00M | $-37.00M | $-54.00M | $-198.00M | $45.00M | $-9.00M | $-86.00M | $-302.00M | $-84.00M | $-102.00M | $-272.00M | $31.00M |
| Depreciation & Amortization | $80.00M | $77.00M | $79.00M | $75.00M | $78.00M | $245.00M | $164.00M | $85.00M | $94.00M | $240.00M | $159.00M | $81.00M | $74.00M | $222.00M |
| Stock-based Compensation | $22.00M | $46.00M | $33.00M | $16.00M | $25.00M | $49.00M | $33.00M | $16.00M | $18.00M | $32.00M | $20.00M | $11.00M | $4.00M | $8.00M |
| Deferred Income Tax | $-82.00M | $16.00M | $23.00M | $46.00M | $-105.00M | $-9.00M | $14.00M | $8.00M | $-175.00M | $-108.00M | $4.00M | $6.00M | $-114.00M | $211.00M |
| Change in Receivables | $40.00M | $13.00M | $148.00M | $-3.00M | $-3.00M | $-238.00M | $-84.00M | $-221.00M | $-41.00M | $-26.00M | $14.00M | $-45.00M | $-295.00M | $165.00M |
| Change in Inventory | $-174.00M | $2.00M | $59.00M | $168.00M | $-208.00M | $138.00M | $139.00M | $178.00M | $-262.00M | $-411.00M | $-282.00M | $27.00M | $-462.00M | $738.00M |
| Change in Payables | $24.00M | $-14.00M | $-39.00M | $147.00M | $-137.00M | $41.00M | $80.00M | $38.00M | $-81.00M | $31.00M | $-54.00M | $26.00M | $-393.00M | $-143.00M |
| Operating Cash Flow | $161.00M | $103.00M | $-271.00M | $-213.00M | $150.00M | $346.00M | $64.00M | $32.00M | $251.00M | $679.00M | $277.00M | $-77.00M | $295.00M | $-567.00M |
| Capital Expenditure | $70.00M | $177.00M | $118.00M | $59.00M | $96.00M | $163.00M | $112.00M | $59.00M | $75.00M | $209.00M | $142.00M | $83.00M | $91.00M | $221.00M |
| Investing Cash Flow | $-49.00M | $-115.00M | $-92.00M | $-27.00M | $-44.00M | $-107.00M | $-84.00M | $-50.00M | $-52.00M | $-147.00M | $-94.00M | $-68.00M | $-77.00M | $420.00M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | - | - | - | - | $325.00M |
| Dividends Paid | $30.00M | $90.00M | $60.00M | $31.00M | $29.00M | $89.00M | $60.00M | $31.00M | $29.00M | $155.00M | $126.00M | $97.00M | $95.00M | $290.00M |
| Financing Cash Flow | $-160.00M | $59.00M | $382.00M | $270.00M | $-387.00M | $-64.00M | $78.00M | $60.00M | $-259.00M | $-405.00M | $-158.00M | $128.00M | $-576.00M | $344.00M |
| Net Change in Cash | $-49.00M | $50.00M | $23.00M | $33.00M | $-302.00M | $160.00M | $44.00M | $39.00M | $-61.00M | $119.00M | $27.00M | $-18.00M | $-358.00M | $184.00M |
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 | $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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.