$1.63B
Revenue
$-440.40M
Net Income
-20.08%
Gross Margin
15.84%
Op. Margin
$-55.17M
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) |
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 | $1.63B | $1.63B | $2.97B | $3.18B | $2.79B | $2.13B | $1.82B | $2.48B | $2.91B | $2.03B | $1.71B |
| Revenue Growth % | 0.0% | -45.0% | -6.6% | 13.9% | 31.2% | 16.5% | -26.4% | -14.8% | 43.6% | 18.4% | nan% |
| Cost of Revenue | $1.96B | $1.96B | $3.54B | $2.50B | $2.15B | $1.68B | $1.42B | $4.39B | $5.68B | $4.03B | $3.40B |
| Gross Profit | $-327.32M | $-327.32M | $-571.16M | $675.39M | $637.82M | $446.63M | $409.15M | $-1.91B | $-2.77B | $-2.00B | $-1.69B |
| Gross Margin % | -20.1% | -20.1% | -19.3% | 21.3% | 22.9% | 21.0% | 22.4% | -76.8% | -95.1% | -98.5% | -98.6% |
| Operating Expenses | $1.37B | $1.37B | $2.75B | $2.85B | $2.47B | $2.05B | $2.07B | $2.21B | $2.74B | $1.81B | $1.51B |
| Operating Income | $258.19M | $258.19M | $213.10M | $329.42M | $315.01M | $75.70M | $-245.96M | $272.70M | $170.25M | $220.55M | $206.43M |
| Operating Margin % | 15.8% | 15.8% | 7.2% | 10.4% | 11.3% | 3.6% | -13.5% | 11.0% | 5.8% | 10.9% | 12.1% |
| Interest Expense | - | $282.40M | $293.90M | $251.30M | $-226.16M | - | - | - | - | - | - |
| Other Income/Expense | $-9.78M | $-9.78M | $-15.37M | $-4.63M | $-10.76M | $-36.23M | $-7.27M | $-9.03M | $5.02M | $-16.71M | - |
| Income Before Tax | $31.31M | $31.31M | $-48.99M | $47.63M | - | - | $-398.99M | $100.72M | $-10.29M | $78.12M | $114.42M |
| Income Tax Expense | $806.00K | $806.00K | $1.79M | $-19.00K | $3.17M | $1.67M | $1.33M | $655.00K | $1.50M | $-3.96M | $3.34M |
| Net Income | $-440.40M | $-440.40M | $-63.95M | $117.72M | $75.46M | $-165.07M | $-416.68M | $96.00M | $-6.08M | $82.65M | $113.25M |
| Net Margin % | -27.0% | -27.0% | -2.2% | 3.7% | 2.7% | -7.8% | -22.8% | 3.9% | -0.2% | 4.1% | 6.6% |
| Basic EPS | -4.19 | -4.19 | -1.24 | 0.22 | -0.04 | -1.96 | -4.01 | 0.18 | nan | nan | nan |
| Diluted EPS | -4.19 | -4.19 | -1.24 | 0.22 | -0.04 | -1.96 | -4.01 | 0.18 | nan | nan | nan |
| Basic Shares Outstanding | - | 122.5M | 122.5M | 122.5M | 122.6M | 122.6M | 122.6M | 122.6M | - | - | - |
| Diluted Shares Outstanding | - | 122.5M | 122.5M | 122.5M | 122.6M | 122.6M | 122.6M | 122.6M | - | - | - |
| 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 | $6.44M | $10.75M | $9.23M | $7.93M | $19.99M | $21.28M | $29.13M | $10.30M | $9.04M | $7.03M |
| Accounts Receivable | $608.22M | $740.58M | $759.55M | $721.57M | $400.33M | $392.46M | $417.00M | $323.46M | $495.45M | $224.68M |
| Inventory | $55.37M | $110.74M | $135.23M | $78.14M | $77.96M | $99.88M | $65.14M | $73.53M | $88.65M | $98.59M |
| Other Current Assets | $17.44M | $30.86M | $41.23M | $26.77M | $39.20M | $60.81M | $54.53M | $35.99M | $42.89M | $29.27M |
| Total Current Assets | $687.47M | $911.73M | $964.05M | $853.05M | $542.48M | $580.17M | $593.07M | $443.28M | $636.03M | $359.57M |
| Property Plant & Equipment | $3.47B | $4.67B | $4.53B | $4.10B | $3.91B | $3.85B | $4.29B | $4.42B | $4.87B | $4.21B |
| Goodwill | $301.96M | $301.96M | $301.96M | $301.96M | $301.96M | $301.96M | $301.96M | $301.96M | $325.05M | $325.05M |
| Intangible Assets | $75.61M | $97.28M | $141.54M | $127.32M | $127.06M | $128.74M | $138.93M | $162.60M | $182.41M | $204.89M |
| Other Non-current Assets | $54.05M | $55.10M | $38.24M | $32.21M | $38.26M | $45.85M | $94.08M | $121.71M | $56.63M | $56.61M |
| Total Assets | $4.86B | $7.04B | $7.02B | $6.37B | $5.91B | $5.93B | $6.60B | $6.48B | $7.14B | $5.70B |
| Accounts Payable | $490.71M | $491.07M | $588.92M | $427.96M | $264.32M | $198.43M | $218.74M | $127.33M | $270.86M | $119.84M |
| Accrued Liabilities | $208.98M | $367.69M | $378.52M | $281.15M | $232.62M | $184.98M | $196.76M | $205.51M | $185.41M | $140.96M |
| Deferred Revenue | $26.98M | $41.62M | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $699.69M | $858.75M | $967.45M | $709.11M | $496.94M | $383.41M | $415.50M | $332.83M | $456.26M | $260.80M |
| Long-term Debt | $3.05B | $3.73B | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $17.41M | $17.80M | $17.51M | $16.65M | $14.30M | $13.32M | $12.64M | $12.58M | $11.91M | $15.97M |
| Other Non-current Liabilities | $388.71M | $538.20M | $570.20M | $400.62M | $434.93M | $393.02M | $393.85M | $259.20M | $256.57M | $204.48M |
| Total Liabilities | $4.15B | $5.52B | $5.31B | $4.59B | $3.93B | $4.18B | $4.25B | $4.04B | $4.42B | $3.58B |
| Total Liabilities & Equity | $4.86B | $7.04B | $7.02B | $6.37B | $5.91B | $5.93B | $6.60B | $6.48B | $7.14B | $5.70B |
| 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 | $-440.40M | $-440.40M | $-63.95M | $117.72M | $75.46M | $-165.07M | $-416.68M | $96.00M | $-6.08M | $82.65M | $113.25M |
| Depreciation & Amortization | $456.90M | $250.93M | $313.16M | $280.19M | $296.20M | $309.75M | $295.32M | $319.81M | $313.19M | $252.48M | $222.20M |
| Stock-based Compensation | $23.37M | $15.25M | $5.23M | $25.38M | $17.81M | $8.78M | $-3.69M | $8.50M | $3.94M | $-5.78M | $6.56M |
| Deferred Income Tax | $392.00K | $573.00K | $749.00K | $-380.00K | - | - | - | - | - | - | - |
| Change in Working Capital | $191.61M | $89.19M | $-31.06M | $-4.17M | $87.82M | $-30.04M | $-38.63M | $71.10M | $2.15M | $-10.16M | $90.65M |
| Change in Receivables | - | $120.92M | $-17.51M | $-159.43M | - | - | - | - | - | - | - |
| Change in Inventory | - | $23.02M | $-38.82M | $37.57M | - | - | - | - | - | - | - |
| Change in Payables | - | $104.66M | $434.00K | $-135.29M | - | - | - | - | - | - | - |
| Operating Cash Flow | $349.42M | $252.83M | $391.93M | $521.13M | $334.39M | $337.95M | $296.75M | $382.29M | $390.04M | $338.86M | $298.34M |
| Capital Expenditure | $404.60M | $186.89M | $587.14M | $620.02M | $424.19M | $301.39M | $144.13M | $163.25M | $195.37M | $250.59M | $463.10M |
| Investing Cash Flow | $2.63B | $832.29M | $-552.16M | $-593.65M | $-374.52M | $-274.12M | $-103.76M | $-140.81M | $140.69M | $-1.47B | $-450.31M |
| Stock Repurchased | - | - | - | $1.04M | - | - | - | - | - | - | - |
| Financing Cash Flow | $-2.68B | $-1.11B | $161.74M | $73.99M | $41.70M | $-65.86M | $-222.38M | $-195.37M | $-529.47M | $1.14B | $148.10M |
| Net Change in Cash | $299.59M | $-23.11M | $1.51M | $1.47M | $1.57M | $-2.03M | $-29.39M | $46.10M | $1.26M | $2.01M | $-3.87M |
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 | $414.00M | $397.29M | $1.19B | $1.26B |
| Operating Expenses | $335.41M | $348.71M | $1.02B | $1.11B |
| Operating Income | $78.59M | $48.58M | $168.28M | $156.41M |
| Other Income/Expense | - | - | $-9.78M | $-1.43M |
| Income Before Tax | $23.03M | $-5.45M | $-3.03M | $2.73M |
| Income Tax Expense | $253.00K | $-879.00K | $742.00K | $-81.00K |
| Net Income | $9.21M | $-17.18M | $-460.27M | $-14.57M |
| Basic EPS | -0.05 | -0.32 | -4.23 | -0.66 |
| Diluted EPS | -0.05 | -0.32 | -4.23 | -0.66 |
| Basic Shares Outstanding | $122.46M | $122.46M | $122.46M | $122.46M |
| Diluted Shares Outstanding | $122.46M | $122.46M | $122.46M | $122.46M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.92M | $7.35M |
| Accounts Receivable | $577.49M | $479.50M |
| Inventory | $49.24M | $37.78M |
| Other Current Assets | $20.34M | $18.79M |
| Total Current Assets | $651.98M | $911.73M |
| Property Plant & Equipment | $3.50B | $3.54B |
| Goodwill | $301.96M | $301.96M |
| Intangible Assets | $77.98M | $85.29M |
| Other Non-current Assets | $55.08M | $53.61M |
| Total Assets | $4.87B | $7.04B |
| Accounts Payable | $448.70M | $388.25M |
| Accrued Liabilities | $224.55M | $254.20M |
| Total Current Liabilities | $673.25M | $858.75M |
| Deferred Tax Liabilities | $16.72M | $16.57M |
| Other Non-current Liabilities | $374.83M | $389.16M |
| Total Liabilities | $4.16B | $5.52B |
| Total Liabilities & Equity | $4.87B | $7.04B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $9.21M | $-17.18M | $-460.27M | $-14.57M |
| Depreciation & Amortization | - | - | $188.01M | $233.22M |
| Stock-based Compensation | - | - | $9.88M | $8.12M |
| Deferred Income Tax | - | - | $-115.00K | $-1.19M |
| Change in Working Capital | - | - | $90.38M | $-59.75M |
| Operating Cash Flow | - | - | $142.04M | $317.97M |
| Capital Expenditure | - | - | $163.11M | $466.09M |
| Investing Cash Flow | - | - | $851.85M | $-436.39M |
| Financing Cash Flow | - | - | $-1.02B | $122.15M |
| Net Change in Cash | - | - | $-24.64M | $3.73M |
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.