$6.94B
Revenue
$-804.00M
Net Income
10.74%
Gross Margin
-5.69%
Op. Margin
$-268.00M
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 | $1.64B | $1.68B | $1.76B | $1.86B | $1.85B | $1.77B | $1.75B | $1.79B | $2.15B | $1.63B | $1.73B | $1.36B | $1.02B | $1.28B |
| Revenue Growth % (YoY) | -11.3% | -5.0% | 0.7% | 4.1% | -14.1% | 8.4% | 1.2% | 31.0% | 111.1% | 28.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.52B | $1.44B | $1.63B | $1.61B | $1.59B | $1.49B | $1.59B | $1.54B | $1.96B | $1.45B | $1.49B | $1.06B | $1.66B | $910.00M |
| Gross Profit | $122.00M | $243.00M | $129.00M | $252.00M | $255.00M | $281.00M | $155.00M | $241.00M | $189.00M | $183.00M | $238.00M | $298.00M | $-638.00M | $366.00M |
| Gross Margin % | 7.4% | 14.4% | 7.3% | 13.5% | 13.8% | 15.9% | 8.9% | 13.5% | 8.8% | 11.2% | 13.8% | 21.9% | -62.7% | 28.7% |
| Operating Expenses | $2.07B | $1.64B | $1.83B | $1.79B | $1.75B | $1.65B | $1.81B | $1.73B | $1.94B | $1.69B | $1.71B | $1.28B | $1.85B | $1.06B |
| Selling General & Admin | $68.00M | $93.00M | $96.00M | $97.00M | $106.00M | $97.00M | $104.00M | $103.00M | $132.00M | $101.00M | $96.00M | $78.00M | $102.00M | $68.00M |
| Operating Income | $-431.00M | $40.00M | $-70.00M | $66.00M | $97.00M | $120.00M | $-58.00M | $59.00M | $210.00M | $-56.00M | $21.00M | $79.00M | $131.00M | $211.00M |
| Operating Margin % | -26.3% | 2.4% | -4.0% | 3.5% | 5.3% | 6.8% | -3.3% | 3.3% | 9.8% | -3.4% | 1.2% | 5.8% | 12.9% | 16.5% |
| Interest Expense | $63.00M | $160.00M | $108.00M | $45.00M | $62.00M | $166.00M | $115.00M | $42.00M | $83.00M | $146.00M | $95.00M | $24.00M | $36.00M | $79.00M |
| Income Before Tax | $-487.00M | $-13.00M | $-125.00M | $9.00M | $41.00M | $64.00M | $-109.00M | $5.00M | $142.00M | $-115.00M | $-33.00M | $38.00M | $133.00M | $196.00M |
| Income Tax Expense | $-68.00M | $302.00M | $-49.00M | $3.00M | $-7.00M | $121.00M | $-101.00M | $5.00M | $-203.00M | $35.00M | $-9.00M | $20.00M | $34.00M | $45.00M |
| Net Income | $-419.00M | $-315.00M | $-76.00M | $6.00M | $48.00M | $-57.00M | $-8.00M | - | $345.00M | $-150.00M | $-13.00M | $20.00M | $99.00M | $151.00M |
| Net Margin % | -25.6% | -18.7% | -4.3% | 0.3% | 2.6% | -3.2% | -0.5% | 0.0% | 16.1% | -9.2% | -0.8% | 1.5% | 9.7% | 11.8% |
| 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 | $56.00M | $73.00M | $99.00M | $61.00M | $83.00M | $117.00M | $65.00M | $103.00M | $203.00M | $465.00M | $58.00M | $91.00M | $371.00M | $275.00M |
| Accounts Receivable | $617.00M | $733.00M | $740.00M | $836.00M | $767.00M | $786.00M | $739.00M | $781.00M | $742.00M | $730.00M | $716.00M | $758.00M | $521.00M | $559.00M |
| Inventory | $1.50B | $1.53B | $1.43B | $1.40B | $1.39B | $1.42B | $1.36B | $1.36B | $1.34B | $1.21B | $1.30B | $1.26B | $685.00M | $665.00M |
| Other Current Assets | $15.00M | $15.00M | $12.00M | $12.00M | $16.00M | $14.00M | $17.00M | $22.00M | $24.00M | $16.00M | $17.00M | $16.00M | - | - |
| Total Current Assets | $2.34B | $2.51B | $2.52B | $2.46B | $2.41B | $2.48B | $2.45B | $2.40B | $2.48B | $2.55B | $2.79B | $2.74B | $1.65B | $1.58B |
| Property Plant & Equipment | $3.08B | $3.38B | $3.49B | $3.48B | $3.54B | $3.58B | $3.57B | $3.65B | $3.71B | $3.33B | $3.31B | $3.50B | $2.76B | $2.70B |
| Intangible Assets | $113.00M | - | - | - | $128.00M | $22.00M | $22.00M | $22.00M | $22.00M | $86.00M | $90.00M | $22.00M | $23.00M | $22.00M |
| Other Non-current Assets | $674.00M | $651.00M | $659.00M | $632.00M | $618.00M | $554.00M | $531.00M | $539.00M | $541.00M | $430.00M | $461.00M | $541.00M | $251.00M | $279.00M |
| Total Assets | $6.66B | $7.08B | $7.44B | $7.31B | $7.32B | $7.24B | $7.25B | $7.23B | $7.53B | $6.96B | $7.26B | $7.26B | $4.72B | $4.63B |
| Total Current Liabilities | $996.00M | $1.08B | $1.17B | $1.07B | $1.06B | $1.11B | $1.13B | $1.05B | $1.13B | $1.03B | $1.12B | $1.09B | $735.00M | $710.00M |
| Long-term Debt | $2.75B | $2.67B | $2.55B | $2.54B | $2.56B | $2.44B | $2.40B | $2.42B | $2.41B | $2.43B | $2.40B | $2.38B | $1.50B | $1.51B |
| Other Non-current Liabilities | $332.00M | $325.00M | $322.00M | $319.00M | $315.00M | $310.00M | $305.00M | $309.00M | $306.00M | $136.00M | $286.00M | $257.00M | $172.00M | $184.00M |
| Retained Earnings | $-929.00M | $-510.00M | $-195.00M | $-119.00M | $-125.00M | $-173.00M | $-116.00M | $-108.00M | $-108.00M | $191.00M | $341.00M | $319.00M | $299.00M | $185.00M |
| Total Stockholders Equity | $1.91B | $2.27B | $2.62B | $2.61B | $2.59B | $2.49B | $2.52B | $2.54B | $2.58B | $2.12B | $2.31B | $2.31B | $1.79B | $1.69B |
| Total Liabilities & Equity | $6.66B | $7.08B | $7.44B | $7.31B | $7.32B | $7.24B | $7.25B | $7.23B | $7.53B | $6.96B | $7.26B | $7.26B | $4.72B | $4.63B |
| 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 | $-419.00M | $-315.00M | $-76.00M | $6.00M | $48.00M | $-65.00M | $-8.00M | - | $345.00M | $-150.00M | $93.00M | $20.00M | $99.00M | $151.00M |
| Depreciation & Amortization | $82.00M | $84.00M | $173.00M | $88.00M | $78.00M | $258.00M | $99.00M | $84.00M | $66.00M | $77.00M | $80.00M | $57.00M | $31.00M | $62.00M |
| Change in Receivables | $-140.00M | $-22.00M | $-20.00M | $100.00M | $-66.00M | $67.00M | $21.00M | $44.00M | $-17.00M | $-120.00M | $-85.00M | $1.00M | $-62.00M | $29.00M |
| Change in Inventory | $-7.00M | $142.00M | $25.00M | $6.00M | $-45.00M | $98.00M | $35.00M | $26.00M | $1.00M | $-29.00M | $81.00M | $77.00M | $23.00M | $50.00M |
| Operating Cash Flow | $-21.00M | $-4.00M | $118.00M | $32.00M | $62.00M | $17.00M | $4.00M | $-35.00M | $-5.00M | $-69.00M | $-168.00M | $-206.00M | $170.00M | $419.00M |
| Capital Expenditure | $84.00M | $164.00M | $101.00M | $44.00M | $69.00M | $211.00M | $132.00M | $53.00M | $128.00M | $214.00M | $143.00M | $57.00M | $100.00M | $330.00M |
| Acquisitions | - | - | - | - | - | - | - | - | - | $1.10B | $1.10B | $1.10B | - | - |
| Investing Cash Flow | $-83.00M | $-140.00M | $-93.00M | $-40.00M | $-247.00M | $-105.00M | $-118.00M | $-53.00M | $-120.00M | $-898.00M | $-1.24B | $-1.15B | $-94.00M | $-60.00M |
| Debt Repayment | $20.00M | $53.00M | $35.00M | $17.00M | $16.00M | $51.00M | $34.00M | $16.00M | $257.00M | $648.00M | $630.00M | $598.00M | $-6.00M | $375.00M |
| Financing Cash Flow | $82.00M | $109.00M | $-13.00M | $-16.00M | $227.00M | $6.00M | $-20.00M | $-7.00M | $-271.00M | $1.04B | $1.07B | $1.08B | $22.00M | $-364.00M |
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 | $1.68B | $1.77B | $5.30B | $5.31B |
| Cost of Revenue | $1.44B | $1.50B | $4.68B | $4.66B |
| Operating Expenses | $1.64B | $1.65B | $5.27B | $5.19B |
| Selling General & Admin | $93.00M | $87.00M | $286.00M | $270.00M |
| Operating Income | $40.00M | $120.00M | $36.00M | $121.00M |
| Interest Expense | - | - | $160.00M | $166.00M |
| Income Before Tax | $-13.00M | $64.00M | $-129.00M | $-40.00M |
| Income Tax Expense | $302.00M | $121.00M | $256.00M | $25.00M |
| Net Income | $-315.00M | $-57.00M | $-385.00M | $-65.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $73.00M | - |
| Accounts Receivable | $733.00M | $767.00M |
| Inventory | $1.53B | $1.39B |
| Other Current Assets | $15.00M | $16.00M |
| Total Current Assets | $2.51B | $2.41B |
| Property Plant & Equipment | $3.38B | $3.54B |
| Other Non-current Assets | $651.00M | $618.00M |
| Total Assets | $7.08B | $7.32B |
| Total Current Liabilities | $1.08B | $1.06B |
| Long-term Debt | $2.67B | $2.56B |
| Other Non-current Liabilities | $325.00M | $315.00M |
| Retained Earnings | $-510.00M | $-125.00M |
| Total Stockholders Equity | $2.27B | $2.59B |
| Total Liabilities & Equity | $7.08B | $7.32B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-315.00M | $-57.00M | $-385.00M | $-65.00M |
| Depreciation & Amortization | $84.00M | $75.00M | $257.00M | $258.00M |
| Change in Receivables | - | - | $-22.00M | $67.00M |
| Change in Inventory | - | - | $142.00M | $98.00M |
| Operating Cash Flow | - | - | $-4.00M | $17.00M |
| Capital Expenditure | - | - | $164.00M | $211.00M |
| Investing Cash Flow | - | - | $-140.00M | $-105.00M |
| Debt Repayment | - | - | $53.00M | $51.00M |
| Financing Cash Flow | - | - | $109.00M | $6.00M |
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.