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$1.63B
Revenue
$-440.40M
Net Income
-20.08%
Gross Margin
15.84%
Op. Margin
$-55.17M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 15 of 15 annual reports available (2011 - 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)
+ Total Revenue $1.63B $1.63B $2.97B $3.18B $2.79B $2.13B $1.82B $2.48B $2.91B $2.03B $1.71B $2.25B $3.85B $4.13B $4.07B $3.09B
Revenue Growth % 0.0% -45.0% -6.6% 13.9% 31.2% 16.5% -26.4% -14.8% 43.6% 18.4% -23.8% -41.6% -7.0% 1.6% 31.7% 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% nan% nan% nan% nan% nan%
Operating Expenses $1.37B $1.37B $2.75B $2.85B $2.47B $2.05B $2.07B $2.21B $2.74B $1.81B $1.51B $2.09B $3.71B $4.02B $3.96B $3.01B
+ Operating Income $258.19M $258.19M $213.10M $329.42M $315.01M $75.70M $-245.96M $272.70M $170.25M $220.55M $206.43M $156.87M $132.55M $110.76M $113.69M $82.45M
Operating Margin % 15.8% 15.8% 7.2% 10.4% 11.3% 3.6% -13.5% 11.0% 5.8% 10.9% 12.1% 7.0% 3.4% 2.7% 2.8% 2.7%
Interest Expense - $282.40M $293.90M $251.30M $-226.16M - - - - - - - - - $40.92M $35.77M
Other Income/Expense $-9.78M $-9.78M $-15.37M $-4.63M $-10.76M $-36.23M $-7.27M $-9.03M $5.02M $-16.71M - $-17.53M - - - -
Income Before Tax $31.31M $31.31M $-48.99M $47.63M - - $-398.99M $100.72M $-10.29M $78.12M $114.42M $425.57M $109.05M $84.85M $87.11M $50.03M
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 $3.99M $2.85M $845.00K $-9.21M $-1.22M
+ Net Income $-440.40M $-440.40M $-63.95M $117.72M $75.46M $-165.07M $-416.68M $96.00M $-6.08M $82.65M $113.25M $422.53M $106.20M $86.11M $96.32M $51.25M
Net Margin % -27.0% -27.0% -2.2% 3.7% 2.7% -7.8% -22.8% 3.9% -0.2% 4.1% 6.6% 18.8% 2.8% 2.1% 2.4% 1.7%
Basic EPS -4.19 -4.19 -1.24 0.22 -0.04 -1.96 -4.01 0.18 nan nan nan nan nan nan nan nan
Diluted EPS -4.19 -4.19 -1.24 0.22 -0.04 -1.96 -4.01 0.18 nan nan nan nan nan 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)
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)
Cash & Cash Equivalents $6.44M $10.75M $9.23M $7.93M $19.99M $21.28M $29.13M $10.30M $9.04M $7.03M $10.89M $9.46M $8.87M $11.28M $10.82M
Accounts Receivable $608.22M $740.58M $759.55M $721.57M $400.33M $392.46M $417.00M $323.46M $495.45M $224.68M $219.53M $271.53M $368.03M $270.93M $237.99M
Inventory $55.37M $110.74M $135.23M $78.14M $77.96M $99.88M $65.14M $73.53M $88.65M $98.59M $43.77M $46.83M $85.33M $87.05M $101.12M
Other Current Assets $17.44M $30.86M $41.23M $26.77M $39.20M $60.81M $54.53M $35.99M $42.89M $29.27M $32.11M $27.55M $72.99M $34.78M $26.17M
Total Current Assets $687.47M $911.73M $964.05M $853.05M $542.48M $580.17M $593.07M $443.28M $636.03M $359.57M $306.32M $355.37M $535.22M $404.03M $376.10M
Property Plant & Equipment $3.47B $4.67B $4.53B $4.10B $3.91B $3.85B $4.29B $4.42B $4.87B $4.21B $3.93B $1.63B $1.13B $565.28M $416.93M
Goodwill $301.96M $301.96M $301.96M $301.96M $301.96M $301.96M $301.96M $301.96M $325.05M $325.05M $325.05M $325.05M $325.05M $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 $223.45M $82.93M $62.93M $75.06M $93.36M
Other Non-current Assets $54.05M $55.10M $38.24M $32.21M $38.26M $45.85M $94.08M $121.71M $56.63M $56.61M $58.69M $61.29M $38.11M $33.62M $30.01M
Total Assets $4.86B $7.04B $7.02B $6.37B $5.91B $5.93B $6.60B $6.48B $7.14B $5.70B $5.46B $3.23B $2.86B $2.11B $1.73B
Accounts Payable $490.71M $491.07M $588.92M $427.96M $264.32M $198.43M $218.74M $127.33M $270.86M $119.84M $140.73M $245.41M $316.20M $258.05M $199.36M
Accrued Liabilities $208.98M $367.69M $378.52M $281.15M $232.62M $184.98M $196.76M $205.51M $185.41M $140.96M $161.41M $117.74M $130.35M $54.60M $50.07M
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 $302.14M $363.14M $446.55M $312.65M $249.43M
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 $192.07M $18.23M $18.40M $15.81M $16.93M
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 $5.46B $3.23B $2.86B $2.11B $1.73B
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)
Net Income $-440.40M $-440.40M $-63.95M $117.72M $75.46M $-165.07M $-416.68M $96.00M $-6.08M $82.65M $113.25M $422.53M $106.20M $86.11M $96.32M $51.25M
Depreciation & Amortization $456.90M $250.93M $313.16M $280.19M $296.20M $309.75M $295.32M $319.81M $313.19M $252.48M $222.20M $150.14M $90.91M $64.78M $61.17M $62.19M
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 $5.01M $4.49M $12.47M $7.20M $-15.00K
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 $-5.37M $-77.95M $46.19M $-13.06M $66.93M
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 $289.54M $291.05M $138.39M $189.30M $58.31M
Capital Expenditure $404.60M $186.89M $587.14M $620.02M $424.19M $301.39M $144.13M $163.25M $195.37M $250.59M $463.10M $495.77M $443.48M $343.12M $146.46M $27.99M
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 $-1.99B $-623.99M $-655.83M $-401.61M $-172.30M
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 $1.70B $333.53M $515.03M $212.77M $119.05M
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 $1.43M $596.00K $-2.42M $465.00K $5.05M
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.

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