$15.00B
Revenue
$-14.50B
Net Income
37.05%
Gross Margin
-118.12%
Op. Margin
$-1.45B
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $15.00B | $15.00B | $15.83B | $17.02B | $2.00B | $1.99B |
| Revenue Growth % | 0.0% | -5.2% | -7.0% | 751.6% | 0.6% | nan% |
| Cost of Revenue | $9.45B | $9.45B | $10.14B | $9.51B | $862.07M | $783.65M |
| Gross Profit | $5.56B | $5.56B | $5.69B | $7.51B | $1.14B | $1.20B |
| Gross Margin % | 37.1% | 37.1% | 36.0% | 44.1% | 56.9% | 60.5% |
| Operating Expenses | $32.73B | $32.73B | $16.13B | $17.29B | $1.81B | $1.77B |
| Research & Development | - | $68.00M | $91.00M | $110.00M | $32.81M | $31.78M |
| Selling General & Admin | $2.38B | $2.38B | $2.43B | $2.99B | $455.23M | $461.70M |
| Operating Income | $-17.72B | $-17.72B | $-304.07M | $-277.91M | $189.64M | $217.01M |
| Operating Margin % | -118.1% | -118.1% | -1.9% | -1.6% | 9.5% | 10.9% |
| Interest Expense | - | $2.09B | $1.43B | $1.40B | $57.17M | $95.51M |
| Other Income/Expense | $122.81M | $122.81M | $593.50M | $-1.77B | $3.21M | $-12.43M |
| Income Before Tax | $-18.89B | $-18.89B | $-75.57M | $-1.93B | $233.22M | $128.35M |
| Income Tax Expense | $-4.39B | $-4.39B | $48.95M | $-296.86M | $66.67M | $65.63M |
| Net Income | $-14.50B | $-14.50B | $-119.55M | $-1.70B | $166.55M | $62.72M |
| Net Margin % | -96.6% | -96.6% | -0.8% | -10.0% | 8.3% | 3.2% |
| Basic EPS | -50.30 | -50.41 | -0.44 | -6.28 | 2.10 | 0.81 |
| Diluted EPS | -50.30 | -50.41 | -0.44 | -6.28 | 2.10 | 0.81 |
| Basic Shares Outstanding | - | 287.6M | 274.1M | 270.8M | 270.1M | 275.1M |
| Diluted Shares Outstanding | - | 287.6M | 274.1M | 270.8M | 307.7M | 313.1M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.88B | $4.31B | $1.82B | $704.54M | $535.89M |
| Short-term Investments | $1.10B | $1.24B | $623.04M | $973.91M | $1.01B |
| Accounts Receivable | $1.27B | $1.20B | $1.12B | $236.48M | $182.06M |
| Inventory | $380.65M | $455.20M | $665.17M | $625.98M | - |
| Other Current Assets | $34.68M | $88.25M | $16.08M | $210.45M | $198.44M |
| Total Current Assets | $5.13B | $8.10B | $4.89B | $2.13B | $1.93B |
| Property Plant & Equipment | $2.24B | $9.19B | $9.56B | $7.90B | - |
| Goodwill | - | - | - | $532.49M | $511.09M |
| Intangible Assets | $54.41M | - | - | - | - |
| Other Non-current Assets | $451.51M | $505.99M | $411.49M | $317.06M | $338.24M |
| Total Assets | $43.02B | $60.94B | $57.11B | $6.20B | $6.05B |
| Accounts Payable | $541.71M | $740.98M | $774.01M | $1.02B | - |
| Deferred Revenue | $639.17M | $650.94M | $754.66M | $121.74M | $141.34M |
| Total Current Liabilities | $12.36B | $5.83B | $8.02B | $422.83M | $460.12M |
| Long-term Debt | $18.66B | $25.66B | $19.72B | $1.50B | $1.50B |
| Deferred Tax Liabilities | $598.59M | $4.99B | $5.01B | $424.62M | $403.68M |
| Total Liabilities | $37.20B | $40.69B | $36.72B | $2.60B | $2.63B |
| Retained Earnings | $-2.88B | $11.62B | $11.74B | $833.52M | $656.47M |
| Treasury Stock | - | - | - | - | $436.52M |
| Total Stockholders Equity | $5.77B | $20.19B | $19.88B | $3.50B | $3.35B |
| Total Liabilities & Equity | $43.02B | $60.94B | $57.11B | $6.20B | $6.05B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-14.70B | $-14.50B | $-119.55M | $-1.70B | $166.55M | $62.72M |
| Depreciation & Amortization | $1.59B | $1.59B | $1.93B | $1.60B | $1.17B | $1.21B |
| Stock-based Compensation | $60.00M | $36.27M | $36.38M | $51.51M | $11.55M | $7.70M |
| Deferred Income Tax | $-4.66B | $-4.41B | $28.28M | $-337.22M | $729.59M | $639.71M |
| Change in Inventory | - | $-59.37M | $-189.65M | $37.98M | $-16.20M | $175.92M |
| Operating Cash Flow | $321.65M | $-99.37M | $1.25B | $2.43B | $529.61M | $632.23M |
| Capital Expenditure | $1.78B | $965.73M | $1.54B | $3.10B | $325.89M | $438.43M |
| Purchases of Investments | $7.12B | $3.07B | $1.25B | $2.41B | $1.07B | $1.65B |
| Investing Cash Flow | $-4.86B | $-1.40B | $-3.05B | $-2.81B | $-275.19M | $158.93M |
| Stock Repurchased | - | $48.51M | - | - | $89.30M | $261.44M |
| Financing Cash Flow | $-1.61B | $-910.31M | $4.48B | $-277.12M | $-83.11M | $-1.15B |
| Net Change in Cash | $-6.14B | $-2.41B | $2.68B | $-650.20M | $169.01M | $-359.94M |
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 | $3.61B | - | $11.21B | - |
| Cost of Revenue | $2.37B | - | $7.26B | - |
| Operating Expenses | $20.26B | - | $28.15B | - |
| Selling General & Admin | $621.49M | - | $1.85B | - |
| Operating Income | $-16.64B | - | $-16.94B | - |
| Other Income/Expense | $28.95M | - | $105.48M | - |
| Income Before Tax | $-16.94B | - | $-17.60B | - |
| Income Tax Expense | $-4.16B | - | $-4.30B | - |
| Net Income | $-12.78B | $-205.59M | $-13.29B | - |
| Basic EPS | -44.37 | - | -46.25 | - |
| Diluted EPS | -44.37 | - | -46.25 | - |
| Basic Shares Outstanding | $288.05K | - | $287.36K | - |
| Diluted Shares Outstanding | $288.05K | - | $287.36K | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.43B | $4.31B |
| Short-term Investments | $1.48B | $1.24B |
| Accounts Receivable | $1.13B | $1.20B |
| Inventory | $416.07M | $455.20M |
| Other Current Assets | $20.68M | $88.25M |
| Total Current Assets | $6.03B | $8.10B |
| Property Plant & Equipment | $3.08B | $9.19B |
| Other Non-current Assets | $507.65M | $505.99M |
| Total Assets | $45.27B | $60.94B |
| Accounts Payable | $668.19M | $740.98M |
| Deferred Revenue | $652.40M | $650.94M |
| Total Current Liabilities | $9.96B | $5.83B |
| Long-term Debt | $21.79B | $25.66B |
| Deferred Tax Liabilities | $680.78M | $4.99B |
| Total Liabilities | $38.26B | $40.69B |
| Retained Earnings | $-1.67B | $11.62B |
| Total Stockholders Equity | $6.95B | $20.19B |
| Total Liabilities & Equity | $45.27B | $60.94B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-12.78B | $-205.59M | $-13.29B | - |
| Depreciation & Amortization | $391.29M | - | $1.37B | - |
| Stock-based Compensation | - | - | $27.99M | - |
| Deferred Income Tax | - | - | $-4.33B | - |
| Operating Cash Flow | - | - | $325.95M | - |
| Capital Expenditure | - | - | $807.63M | - |
| Purchases of Investments | - | - | $2.77B | - |
| Investing Cash Flow | - | - | $-1.65B | - |
| Stock Repurchased | - | - | $48.51M | - |
| Financing Cash Flow | - | - | $-562.87M | - |
| Net Change in Cash | - | - | $-1.88B | - |
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.