$10.76B
Revenue
$2.99B
Net Income
52.18%
Gross Margin
34.45%
Op. Margin
$4.27B
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 | $10.76B | $10.76B | $8.70B | $9.66B | $17.21B | $9.43B | $6.17B | $6.84B | $6.43B | $4.30B | $1.10B |
| Revenue Growth % | 0.0% | 23.6% | -9.9% | -43.8% | 82.4% | 53.0% | -9.8% | 6.4% | 49.3% | 291.2% | nan% |
| Cost of Revenue | $5.14B | $5.14B | $3.57B | $2.74B | $11.89B | $5.29B | $2.50B | $3.37B | $3.40B | $2.32B | $410.00M |
| Gross Profit | $5.61B | $5.61B | $5.13B | $6.92B | $5.32B | $4.14B | $3.66B | $3.46B | $3.02B | $1.98B | $690.24M |
| Gross Margin % | 52.2% | 52.2% | 58.9% | 71.6% | 30.9% | 43.9% | 59.4% | 50.7% | 47.0% | 46.1% | 62.7% |
| Operating Expenses | $7.05B | $7.05B | $5.42B | $4.63B | $13.83B | $6.88B | $4.04B | $4.80B | $4.45B | $3.15B | $849.80M |
| Research & Development | - | - | - | - | - | $1.00M | - | - | $2.00M | $3.00M | $126.00K |
| Operating Income | $3.71B | $3.71B | $3.28B | $5.04B | $3.38B | $2.56B | $2.12B | $2.04B | $1.98B | $1.16B | $250.44M |
| Operating Margin % | 34.4% | 34.4% | 37.7% | 52.1% | 19.6% | 27.1% | 34.5% | 29.8% | 30.8% | 26.9% | 22.8% |
| Interest Expense | $710.00M | $710.00M | $841.00M | $823.00M | $870.00M | $831.00M | $909.00M | $885.00M | $733.00M | $614.00M | $356.90M |
| Interest Income | - | $14.00M | $31.00M | $44.00M | - | - | - | - | - | - | - |
| Other Income/Expense | $-161.00M | $24.00M | - | $1.00M | $21.00M | $3.00M | $8.00M | $31.00M | $26.00M | $11.00M | $1.55M |
| Net Income | $2.99B | $2.99B | $2.51B | $4.25B | $2.50B | $1.63B | $1.18B | $1.18B | $1.27B | $490.00M | $-171.19M |
| Net Margin % | 27.8% | 27.8% | 28.8% | 44.0% | 14.5% | 17.3% | 19.2% | 17.2% | 19.8% | 11.4% | -15.6% |
| 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 | $182.00M | $270.00M | $575.00M | $904.00M | $876.00M | $1.21B | $1.78B | - | - | - |
| Accounts Receivable | - | $1.00M | $278.00M | $551.00M | $580.00M | $318.00M | $297.00M | $348.00M | $191.00M | $90.20M |
| Inventory | $180.00M | $151.00M | $142.00M | $160.00M | $176.00M | $107.00M | $116.00M | $99.00M | $95.00M | $97.43M |
| Other Current Assets | $21.00M | $65.00M | $43.00M | $50.00M | $87.00M | $61.00M | $51.00M | $26.00M | $65.00M | $28.66M |
| Total Current Assets | $1.34B | $1.32B | $1.58B | $2.62B | $2.21B | $2.13B | $2.71B | $2.36B | $2.14B | $958.26M |
| Property Plant & Equipment | $15.26B | $15.76B | $16.21B | $16.73B | $16.83B | $16.72B | $16.37B | $15.39B | $15.14B | $14.16B |
| Other Non-current Assets | $223.00M | $191.00M | $172.00M | $163.00M | $173.00M | $160.00M | $168.00M | $184.00M | $206.00M | $222.33M |
| Total Assets | $17.44B | $17.45B | $18.10B | $19.63B | $19.36B | $19.14B | $19.38B | $17.97B | $17.55B | $15.54B |
| Accounts Payable | $53.00M | $62.00M | $69.00M | $32.00M | $21.00M | $12.00M | $40.00M | $15.00M | $12.00M | $27.16M |
| Short-term Debt | $306.00M | $351.00M | $300.00M | - | - | - | - | - | - | $223.50M |
| Accrued Liabilities | $1.05B | $906.00M | $866.00M | $1.38B | $1.07B | $658.00M | $709.00M | $821.00M | $637.00M | $417.50M |
| Deferred Revenue | $123.00M | $123.00M | $117.00M | $144.00M | $155.00M | $137.00M | $155.00M | $116.00M | $111.00M | $72.63M |
| Other Current Liabilities | $15.00M | $20.00M | $18.00M | $5.00M | - | - | - | - | - | $224.00K |
| Total Current Liabilities | $1.71B | $1.71B | $1.57B | $2.42B | $1.34B | $883.00M | $966.00M | $1.07B | $829.00M | $855.71M |
| Long-term Debt | $14.16B | $14.76B | $15.61B | $16.20B | $17.18B | $17.58B | $17.58B | $16.07B | $16.05B | $14.21B |
| Other Non-current Liabilities | $254.00M | $276.00M | $98.00M | $23.00M | - | $1.00M | $1.00M | $4.00M | $10.00M | $165.00K |
| Total Liabilities | $17.02B | $17.96B | $18.89B | - | - | - | - | - | - | - |
| Total Liabilities & Equity | $17.44B | $17.45B | $18.10B | $19.63B | $19.36B | $19.14B | $19.38B | $17.97B | $17.55B | $15.54B |
| 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 | $2.99B | $2.99B | $2.51B | $4.25B | $2.50B | $1.63B | $1.18B | $1.18B | $1.27B | $490.00M | $-171.19M |
| Depreciation & Amortization | $688.00M | $688.00M | $680.00M | $672.00M | $634.00M | $557.00M | $551.00M | $527.00M | $424.00M | $339.00M | $155.62M |
| Change in Inventory | $46.00M | $30.00M | $10.00M | $-18.00M | $-12.00M | $68.00M | $-8.00M | $16.00M | $5.00M | $-13.00M | $58.03M |
| Operating Cash Flow | $4.66B | $2.77B | $2.97B | $3.11B | $4.15B | $2.29B | $1.75B | $1.55B | $1.87B | $977.00M | $-249.00K |
| Capital Expenditure | $387.00M | $199.00M | $154.00M | $220.00M | $451.00M | $648.00M | $972.00M | $1.33B | $804.00M | $1.29B | $2.32B |
| Investing Cash Flow | $-396.00M | $-204.00M | $-162.00M | $-227.00M | $-451.00M | $-648.00M | $-972.00M | $-1.33B | $-804.00M | $-1.29B | $-2.35B |
| Debt Repayment | $2.91B | $1.92B | $2.03B | $1.70B | $1.56B | $3.60B | $2.00B | $730.00M | $1.09B | $2.17B | $5.25B |
| Financing Cash Flow | $-4.88B | $-2.74B | $-3.06B | $-3.25B | $-3.68B | $-1.98B | $-1.43B | $206.00M | $-1.12B | $1.30B | $2.52B |
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 | $2.40B | - | $7.85B | - |
| Cost of Revenue | $1.28B | - | $4.18B | - |
| Operating Expenses | $1.71B | - | $5.61B | - |
| Operating Income | $696.00M | - | $2.24B | - |
| Interest Expense | $189.00M | - | $567.00M | - |
| Other Income/Expense | $1.00M | - | $23.00M | - |
| Net Income | $506.00M | $570.00M | $1.70B | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $121.00M | $270.00M |
| Accounts Receivable | - | $1.00M |
| Inventory | $147.00M | $151.00M |
| Other Current Assets | $21.00M | $23.00M |
| Total Current Assets | $1.12B | $1.32B |
| Property Plant & Equipment | $15.40B | $15.76B |
| Other Non-current Assets | $225.00M | $191.00M |
| Total Assets | $16.83B | $17.45B |
| Accounts Payable | $58.00M | $62.00M |
| Short-term Debt | $605.00M | $351.00M |
| Accrued Liabilities | $732.00M | $906.00M |
| Deferred Revenue | $150.00M | $123.00M |
| Other Current Liabilities | $13.00M | $20.00M |
| Total Current Liabilities | $1.70B | $1.71B |
| Long-term Debt | $14.16B | $14.76B |
| Other Non-current Liabilities | $260.00M | $276.00M |
| Total Liabilities | $17.18B | $17.96B |
| Total Liabilities & Equity | $16.83B | $17.45B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $506.00M | $570.00M | $1.70B | - |
| Depreciation & Amortization | $173.00M | - | $515.00M | - |
| Change in Inventory | - | - | $-3.00M | - |
| Operating Cash Flow | - | - | $1.88B | - |
| Capital Expenditure | - | - | $176.00M | - |
| Investing Cash Flow | - | - | $-180.00M | - |
| Debt Repayment | - | - | $1.62B | - |
| Financing Cash Flow | - | - | $-1.92B | - |
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.