$2.48B
Revenue
$38.76M
Net Income
80.87%
Gross Margin
9.93%
Op. Margin
$2.68B
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.48B | $2.48B | $2.23B | $2.17B | $1.57B | $496.90M | $552.21M | $472.40M | $678.92M | $209.32M | $144.90M | $275.06M | $595.03M | $335.77M | $311.57M |
| Revenue Growth % | -0.0% | 11.2% | 2.7% | 37.9% | 216.1% | -10.0% | 16.9% | -30.4% | 224.3% | 44.5% | -47.3% | -53.8% | 77.2% | 7.8% | nan% |
| Cost of Revenue | $473.67M | $473.67M | $429.79M | $347.01M | $260.68M | $170.82M | $116.34M | $118.90M | $66.65M | $49.73M | $45.68M | - | - | - | - |
| Gross Profit | $2.00B | $2.00B | $1.80B | $1.82B | $1.31B | $326.08M | $435.87M | $353.50M | $612.28M | $159.59M | $99.22M | - | - | - | - |
| Gross Margin % | 80.9% | 80.9% | 80.7% | 84.0% | 83.4% | 65.6% | 78.9% | 74.8% | 90.2% | 76.2% | 68.5% | nan% | nan% | nan% | nan% |
| Operating Expenses | $2.23B | $2.23B | $1.39B | $1.04B | $717.34M | $418.94M | $1.39B | $416.89M | $246.30M | $148.83M | $374.21M | $1.39B | $289.86M | $217.78M | $182.44M |
| Operating Income | $245.85M | $245.85M | $837.83M | $1.12B | $853.19M | $77.96M | $-841.24M | $55.51M | $432.63M | $60.49M | $-229.30M | $-1.12B | $305.17M | $118.00M | $129.14M |
| Operating Margin % | 9.9% | 9.9% | 37.6% | 51.8% | 54.3% | 15.7% | -152.3% | 11.8% | 63.7% | 28.9% | -158.2% | -407.0% | 51.3% | 35.1% | 41.4% |
| Interest Expense | $170.86M | $170.86M | $152.06M | $135.66M | $80.33M | $59.02M | $58.50M | $79.23M | $86.01M | $70.29M | $64.49M | $58.36M | $42.11M | $32.71M | $13.87M |
| Other Income/Expense | $637.00K | $637.00K | $440.00K | $4.79M | $-185.00K | $-9.00K | $-12.00K | $158.00K | $890.97K | $116.04K | $-15.90K | $-30.09K | $47.36K | $-453.24K | $24.87K |
| Income Before Tax | $62.70M | $62.70M | $680.82M | $1.00B | $776.34M | $6.59M | $-906.21M | $-76.32M | $143.63M | $-10.76M | $-294.90M | $-1.18B | $263.11M | $84.83M | $115.29M |
| Income Tax Expense | $23.94M | $23.94M | $160.51M | $77.77M | $3.10M | $233.00K | $-166.00K | - | $-55.00K | $-1.57M | $-1.40M | $-202.42M | $99.37M | $31.77M | $43.00M |
| Net Income | $38.76M | $38.76M | $520.31M | $922.97M | $773.24M | $6.36M | $-906.04M | $-76.32M | $143.69M | $-9.19M | $-293.49M | $-975.35M | $163.75M | $53.07M | $72.28M |
| Net Margin % | 1.6% | 1.6% | 23.4% | 42.6% | 49.2% | 1.3% | -164.1% | -16.2% | 21.2% | -4.4% | -202.5% | -354.6% | 27.5% | 15.8% | 23.2% |
| Basic EPS | 0.38 | 0.40 | 5.21 | 10.09 | 9.26 | -0.13 | -21.55 | -0.20 | 0.61 | -0.15 | -4.80 | -16.08 | 2.70 | 0.85 | 1.16 |
| Diluted EPS | 0.35 | 0.39 | 5.14 | 10.03 | 8.92 | -0.13 | -21.55 | -0.20 | 0.61 | -0.15 | -4.80 | -16.08 | 2.69 | 0.85 | 1.15 |
| Basic Shares Outstanding | - | 97.7M | 99.9M | 91.5M | 78.6M | 63.0M | 42.7M | 387.1M | 236.2M | 62.4M | 61.2M | 60.7M | 60.7M | 62.4M | 62.5M |
| Diluted Shares Outstanding | - | 99.3M | 101.3M | 92.1M | 86.7M | 63.0M | 42.7M | 387.1M | 236.8M | 62.4M | 61.2M | 60.7M | 60.9M | 62.7M | 62.9M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $14.30M | $8.93M | $8.20M | $2.53M | $9.52M | $1.43M | $16.07M | $2.36M | $102.18M | $6.49M | $3.39M | $9.34M | $5.69M | $13.39M |
| Accounts Receivable | $349.93M | $389.67M | $370.53M | $271.34M | $193.55M | $71.02M | $108.27M | $96.35M | $46.85M | $35.84M | $58.23M | $85.93M | $86.82M | $70.22M |
| Other Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.12M |
| Total Current Assets | $586.03M | $500.74M | $509.41M | $320.49M | $215.33M | $125.63M | $133.04M | $228.41M | $152.76M | $46.89M | $128.81M | $225.99M | $104.39M | $94.21M |
| Property Plant & Equipment | $4.75B | $5.08B | $3.93B | $2.48B | $1.25B | $735.20M | $1.75B | $1.20B | $473.22M | $376.21M | $589.32M | $1.76B | $1.40B | $1.08B |
| Other Non-current Assets | $73.94M | $11.08M | $15.47M | $16.22M | $11.68M | $11.14M | $15.07M | $10.22M | $5.49M | $8.43M | $10.08M | - | - | - |
| Total Assets | $5.41B | $5.60B | $4.48B | $2.88B | $1.52B | $872.09M | $1.91B | $1.50B | $632.25M | $431.53M | $733.95M | $2.03B | $1.52B | $1.19B |
| Accounts Payable | $218.62M | $202.87M | $192.67M | $128.58M | $65.46M | $35.80M | $69.39M | $135.48M | $93.15M | $56.15M | $65.32M | $231.56M | $168.94M | $95.82M |
| Accrued Liabilities | $293.78M | $290.79M | $147.94M | $121.74M | $105.59M | $68.67M | $110.37M | $2.77M | $6.34M | $6.09M | $7.89M | $6.65M | $2.65M | $2.45M |
| Other Current Liabilities | $3.88M | $4.71M | $2.13M | $1.78M | - | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $539.29M | $544.27M | $385.76M | $344.97M | $327.56M | $182.47M | $203.48M | $231.53M | $123.58M | $77.44M | $78.12M | $285.73M | $194.09M | $100.46M |
| Long-term Debt | $2.40B | $2.37B | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $247.65M | $228.04M | $68.49M | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $1.77M | $2.27M | $2.74M | $2.04M | $3.11M | $50.00K | $345.00K | $104.58K | $135.22K | $156.63K | - | $5.11M | $3.83M | $1.57M |
| Total Liabilities | $3.28B | $3.28B | $2.44B | $2.13B | $1.31B | $1.10B | $1.35B | $1.07B | $1.12B | $918.95M | $931.55M | $1.26B | $899.77M | $604.75M |
| Common Stock | $499.00K | $501.00K | $503.00K | $487.00K | $479.00K | $448.00K | $406.00K | $378.33K | $66.79K | $63.26K | $63.12K | $61.07K | $61.86K | $63.53K |
| Retained Earnings | $481.28M | $442.52M | $-77.79M | $-1.00B | $-1.77B | $-1.78B | $-873.20M | $-796.88M | $-940.57M | $-931.38M | $-637.89M | $337.47M | $173.72M | $120.66M |
| Total Stockholders Equity | $2.13B | $2.32B | $2.05B | $745.26M | $215.13M | $-223.30M | $558.64M | $429.86M | $-490.84M | $-487.42M | $-197.60M | $770.86M | $619.83M | $586.19M |
| Total Liabilities & Equity | $5.41B | $5.60B | $4.48B | $2.88B | $1.52B | $872.09M | $1.91B | $1.50B | $632.25M | $431.53M | $733.95M | $2.03B | $1.52B | $1.19B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $38.76M | $38.76M | $520.31M | $922.97M | $773.24M | $6.36M | $-906.04M | $-76.32M | $143.69M | $-9.19M | $-293.49M | $-975.35M | $163.75M | $53.07M | $72.28M |
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $409.89K |
| Stock-based Compensation | $26.29M | $15.36M | $11.97M | $5.66M | $5.66M | $3.62M | $4.12M | $7.96M | $4.00M | $3.29M | $3.46M | $5.23M | $2.76M | $4.80M | $12.38M |
| Deferred Income Tax | $144.89M | $23.57M | $159.55M | $76.86M | $-571.00K | $233.00K | $210.00K | $210.00K | $365.00K | $-785.00K | - | $-202.35M | $96.11M | $31.76M | $42.98M |
| Change in Receivables | $777.00K | $-39.75M | $17.37M | $101.32M | $74.90M | $122.16M | $-37.64M | $11.54M | $49.12M | $9.72M | $-15.60M | $-27.70M | $-885.26K | $16.60M | $18.80M |
| Change in Payables | $27.64M | $14.88M | $-4.41M | $-15.24M | $-338.00K | $14.09M | $-1.09M | $-16.93M | $-2.28M | $2.61M | $-365.10K | $-4.55M | $4.09M | $2.01M | $-63.02K |
| Operating Cash Flow | $2.68B | $1.51B | $1.41B | $1.18B | $928.42M | $396.47M | $331.69M | $339.75M | $244.26M | $72.97M | - | - | - | $222.77M | $198.53M |
| Capital Expenditure | - | - | - | - | - | - | - | - | $86.78K | $3.95K | $214.69K | $90.75K | $169.00K | $389.32K | $256.44K |
| Investing Cash Flow | $-2.11B | $-1.25B | $-1.67B | $-1.86B | $-1.40B | $-634.43M | $-283.93M | $-569.13M | $-474.52M | $-119.24M | - | - | - | $-358.54M | $-532.17M |
| Stock Issued | - | - | - | $514.75M | - | $438.08M | - | - | $141.67M | - | - | - | - | - | - |
| Stock Repurchased | $122.02M | $57.01M | $94.50M | $8.00M | $54.50M | - | - | $15.11M | $22.20M | - | $1.40M | $339.58K | $16.13M | $26.37M | $1.55M |
| Dividends Paid | $301.14M | $173.40M | $161.97M | $123.94M | $51.60M | $4.94M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-526.49M | $-247.46M | $266.83M | $684.69M | $467.37M | $246.06M | $-62.40M | $243.09M | $130.43M | $141.97M | - | - | - | $128.06M | $340.75M |
| Net Change in Cash | $46.93M | $5.37M | $738.00K | $5.67M | $-6.99M | $8.09M | $-14.64M | $13.71M | $-99.83M | $95.70M | $3.10M | $-5.95M | $3.65M | $-7.70M | $7.11M |
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 | $556.64M | - | $1.87B | - |
| Cost of Revenue | $118.32M | - | $353.79M | - |
| Operating Expenses | $682.40M | - | $1.59B | - |
| Operating Income | $-125.76M | - | $279.69M | - |
| Interest Expense | $42.98M | - | $131.26M | - |
| Other Income/Expense | $65.00K | - | $611.00K | - |
| Income Before Tax | $-168.80M | - | $148.76M | - |
| Income Tax Expense | $-39.73M | - | $39.27M | - |
| Net Income | $-129.07M | $138.56M | $109.49M | - |
| Basic EPS | -1.33 | - | 1.12 | - |
| Diluted EPS | -1.33 | - | 1.10 | - |
| Basic Shares Outstanding | $97.12M | - | $97.91M | - |
| Diluted Shares Outstanding | $97.12M | - | $99.41M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $31.65M | $8.93M |
| Accounts Receivable | $333.96M | $389.67M |
| Total Current Assets | $542.48M | $500.74M |
| Property Plant & Equipment | $4.94B | $5.08B |
| Other Non-current Assets | $11.41M | $11.08M |
| Total Assets | $5.49B | $5.60B |
| Accounts Payable | $160.26M | $202.87M |
| Accrued Liabilities | $334.50M | $321.49M |
| Total Current Liabilities | $495.34M | $544.27M |
| Deferred Tax Liabilities | $263.25M | $228.04M |
| Other Non-current Liabilities | $1.90M | $2.27M |
| Total Liabilities | $3.25B | $3.28B |
| Common Stock | $500.00K | $501.00K |
| Retained Earnings | $552.01M | $442.52M |
| Total Stockholders Equity | $2.24B | $2.32B |
| Total Liabilities & Equity | $5.49B | $5.60B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-129.07M | $138.56M | $109.49M | - |
| Stock-based Compensation | - | - | $11.45M | - |
| Deferred Income Tax | - | - | $39.17M | - |
| Change in Receivables | - | - | $-55.72M | - |
| Change in Payables | - | - | $-5.94M | - |
| Operating Cash Flow | - | - | $1.19B | - |
| Investing Cash Flow | - | - | $-944.39M | - |
| Stock Repurchased | - | - | $50.01M | - |
| Dividends Paid | - | - | $129.70M | - |
| Financing Cash Flow | - | - | $-225.55M | - |
| Net Change in Cash | - | - | $22.71M | - |
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.