$10.76B
Revenue
$2.99B
Net Income
52.18%
Gross Margin
34.45%
Op. Margin
$4.27B
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 | $2.91B | $2.40B | $2.46B | $2.99B | $2.46B | $2.06B | $1.89B | $2.29B | $2.69B | $2.13B | $1.93B | $2.92B | $4.72B | $4.98B |
| Revenue Growth % (YoY) | 18.3% | 17.0% | 29.6% | 30.2% | -8.4% | -3.4% | -2.0% | -21.3% | -43.1% | -57.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $968.00M | $1.28B | $1.20B | $1.70B | $1.17B | $773.00M | $661.00M | $968.00M | $1.12B | $684.00M | $604.00M | $313.00M | $1.44B | $4.74B |
| Gross Profit | $1.94B | $1.13B | $1.26B | $1.29B | $1.29B | $1.28B | $1.23B | $1.33B | $1.56B | $1.44B | $1.33B | $2.60B | $3.28B | $237.00M |
| Gross Margin % | 66.7% | 46.8% | 51.3% | 43.0% | 52.4% | 62.4% | 65.1% | 57.8% | 58.1% | 67.9% | 68.8% | 89.3% | 69.5% | 4.8% |
| Operating Expenses | $1.44B | $1.71B | $1.74B | $2.16B | $1.65B | $1.23B | $1.13B | $1.42B | $1.58B | $1.14B | $1.11B | $788.00M | $1.96B | $5.28B |
| Operating Income | $1.47B | $696.00M | $715.00M | $826.00M | $812.00M | $827.00M | $766.00M | $875.00M | $1.10B | $988.00M | $818.00M | $2.13B | $2.76B | $-299.00M |
| Operating Margin % | 50.5% | 29.0% | 29.1% | 27.6% | 33.0% | 40.2% | 40.4% | 38.1% | 41.0% | 46.4% | 42.3% | 73.0% | 58.5% | -6.0% |
| Interest Expense | $143.00M | $189.00M | $188.00M | $190.00M | $238.00M | $199.00M | $202.00M | $202.00M | $203.00M | $205.00M | $207.00M | $208.00M | $229.00M | $222.00M |
| Other Income/Expense | $1.00M | $1.00M | $22.00M | $-185.00M | - | $-192.00M | $-196.00M | $-193.00M | $588.00M | $-197.00M | $13.00M | $14.00M | $11.00M | $7.00M |
| Net Income | $1.29B | $506.00M | $553.00M | $641.00M | $623.00M | $635.00M | $570.00M | $682.00M | $906.00M | $791.00M | $622.00M | $1.94B | $2.51B | $-514.00M |
| Net Margin % | 44.2% | 21.0% | 22.5% | 21.4% | 25.3% | 30.9% | 30.1% | 29.7% | 33.7% | 37.2% | 32.2% | 66.3% | 53.2% | -10.3% |
| 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 | $182.00M | $121.00M | $108.00M | $94.00M | $270.00M | $331.00M | $351.00M | $333.00M | $575.00M | $499.00M | $1.83B | $834.00M | $904.00M | $988.00M |
| Accounts Receivable | - | - | - | - | $1.00M | $199.00M | $144.00M | $160.00M | $278.00M | $167.00M | $134.00M | $269.00M | $551.00M | $805.00M |
| Inventory | $180.00M | $147.00M | $153.00M | $164.00M | $151.00M | $135.00M | $144.00M | $134.00M | $142.00M | $131.00M | $130.00M | $150.00M | $160.00M | $241.00M |
| Other Current Assets | $21.00M | $21.00M | $28.00M | $58.00M | $65.00M | $17.00M | $95.00M | $34.00M | $43.00M | $60.00M | $76.00M | $44.00M | $50.00M | $74.00M |
| Total Current Assets | $1.34B | $1.12B | $1.02B | $1.16B | $1.32B | $1.19B | $1.23B | $1.10B | $1.58B | $1.35B | $2.79B | $1.93B | $2.62B | $3.37B |
| Property Plant & Equipment | $15.26B | $15.40B | $15.54B | $15.64B | $15.76B | $15.87B | $15.99B | $16.07B | $16.21B | $16.34B | $16.46B | $16.59B | $16.73B | $16.83B |
| Other Non-current Assets | $223.00M | $225.00M | $192.00M | $189.00M | $191.00M | $188.00M | $186.00M | $186.00M | $172.00M | $166.00M | $169.00M | $171.00M | $163.00M | $167.00M |
| Total Assets | $17.44B | $16.83B | $16.93B | $17.09B | $17.45B | $17.39B | $17.52B | $17.50B | $18.10B | $18.07B | $19.56B | $18.82B | $19.63B | $20.50B |
| Accounts Payable | $53.00M | $58.00M | $71.00M | $68.00M | $62.00M | $51.00M | $51.00M | $34.00M | $69.00M | $50.00M | $60.00M | $70.00M | $32.00M | $31.00M |
| Short-term Debt | $306.00M | $605.00M | $609.00M | $104.00M | $351.00M | $700.00M | $798.00M | $2.15B | $300.00M | $349.00M | $1.80B | $60.00M | - | $1.50B |
| Accrued Liabilities | $1.05B | $732.00M | $709.00M | $895.00M | $906.00M | $611.00M | $714.00M | $525.00M | $866.00M | $688.00M | $599.00M | $674.00M | $1.38B | $1.66B |
| Deferred Revenue | $123.00M | $150.00M | $111.00M | $82.00M | $123.00M | $137.00M | $78.00M | $84.00M | $117.00M | $152.00M | $97.00M | $83.00M | $144.00M | $162.00M |
| Other Current Liabilities | $15.00M | $13.00M | $13.00M | $10.00M | $20.00M | $8.00M | $10.00M | $16.00M | $18.00M | $5.00M | $4.00M | $13.00M | $5.00M | $4.00M |
| Total Current Liabilities | $1.71B | $1.70B | $1.66B | $1.31B | $1.71B | $1.73B | $1.89B | $2.95B | $1.57B | $1.55B | $2.93B | $1.35B | $2.42B | $4.58B |
| Long-term Debt | $14.16B | $14.16B | $14.21B | $14.71B | $14.76B | $14.76B | $14.80B | $13.62B | $15.61B | $15.60B | $15.60B | $16.14B | $16.20B | $15.70B |
| Other Non-current Liabilities | $254.00M | $260.00M | $266.00M | $270.00M | $276.00M | $124.00M | $115.00M | $107.00M | $98.00M | $76.00M | $49.00M | - | $23.00M | - |
| Total Liabilities | $17.02B | $17.18B | $17.27B | $17.47B | $17.96B | $18.01B | $18.27B | - | $18.89B | - | - | - | - | - |
| Total Liabilities & Equity | $17.44B | $16.83B | $16.93B | $17.09B | $17.45B | $17.39B | $17.52B | $17.50B | $18.10B | $18.07B | $19.56B | $18.82B | $19.63B | $20.50B |
| 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 | $1.29B | $506.00M | $553.00M | $641.00M | $623.00M | $1.89B | $1.25B | $682.00M | $906.00M | $791.00M | $622.00M | $1.94B | $2.51B | $-13.00M |
| Depreciation & Amortization | $173.00M | $173.00M | $171.00M | $171.00M | $171.00M | $509.00M | $338.00M | $168.00M | $172.00M | $500.00M | $167.00M | $167.00M | $165.00M | $469.00M |
| Change in Inventory | $33.00M | $-3.00M | $3.00M | $13.00M | $16.00M | $-6.00M | $3.00M | $-8.00M | $12.00M | $-30.00M | $-30.00M | $-10.00M | $-79.00M | $67.00M |
| Operating Cash Flow | $887.00M | $1.88B | $1.22B | $665.00M | $876.00M | $2.09B | $1.40B | $669.00M | $916.00M | $2.19B | $1.54B | $847.00M | $1.71B | $2.44B |
| Capital Expenditure | $23.00M | $176.00M | $128.00M | $60.00M | $49.00M | $105.00M | $66.00M | $36.00M | $50.00M | $170.00M | $149.00M | $89.00M | $95.00M | $356.00M |
| Investing Cash Flow | $-24.00M | $-180.00M | $-131.00M | $-61.00M | $-50.00M | $-112.00M | $-69.00M | $-37.00M | $-51.00M | $-176.00M | $-155.00M | $-94.00M | $-95.00M | $-356.00M |
| Debt Repayment | $300.00M | $1.62B | $565.00M | $425.00M | $350.00M | $1.68B | $1.53B | $150.00M | $50.00M | $1.65B | $200.00M | - | $1.56B | - |
| Financing Cash Flow | $-826.00M | $-1.92B | $-1.33B | $-813.00M | $-858.00M | $-2.20B | $-1.54B | $-871.00M | $-768.00M | $-2.48B | $-304.00M | $-755.00M | $-1.80B | $-1.88B |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.