$9.83B
Revenue
$423.25M
Net Income
42.62%
Gross Margin
15.88%
Op. Margin
$-2.48B
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 | $2.24B | $2.94B | $2.52B | $2.13B | $2.11B | $2.81B | $2.37B | $2.19B | $1.99B | $2.54B | $2.21B | $1.82B | $1.52B | $1.62B |
| Revenue Growth % (YoY) | 6.4% | 4.7% | 6.1% | -2.9% | 6.2% | 10.7% | 7.6% | 20.3% | 30.8% | 57.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.32B | $1.55B | $1.46B | $1.30B | $1.31B | $1.54B | $1.45B | $1.39B | $1.32B | $1.48B | $1.38B | $1.28B | $1.22B | $1.24B |
| Gross Profit | $920.88M | $1.38B | $1.06B | $823.62M | $801.79M | $1.27B | $917.74M | $803.79M | $664.64M | $1.05B | $821.88M | $541.52M | $299.67M | $376.61M |
| Gross Margin % | 41.0% | 47.1% | 42.1% | 38.7% | 38.0% | 45.2% | 38.7% | 36.7% | 33.5% | 41.5% | 37.3% | 29.7% | 19.7% | 23.3% |
| Operating Expenses | $734.24M | $633.83M | $636.81M | $622.67M | $587.05M | $576.43M | $576.18M | $585.40M | $540.31M | $529.97M | $549.34M | $530.80M | $580.64M | $561.84M |
| Selling General & Admin | $381.37M | $383.00M | $393.05M | $391.38M | $360.57M | $358.00M | $353.77M | $362.47M | $328.26M | $325.37M | $352.22M | $336.01M | $378.53M | $375.29M |
| Operating Income | $186.64M | $749.45M | $423.84M | $200.94M | $214.74M | $691.21M | $341.56M | $218.39M | $124.33M | $523.32M | $272.55M | $10.72M | $-280.97M | $-185.23M |
| Operating Margin % | 8.3% | 25.5% | 16.8% | 9.4% | 10.2% | 24.6% | 14.4% | 10.0% | 6.3% | 20.6% | 12.4% | 0.6% | -18.5% | -11.5% |
| Other Income/Expense | $-10.71M | $13.00M | $-156.43M | $-24.50M | $68.34M | $-34.15M | $1.90M | $18.14M | $-35.27M | $12.06M | $-8.04M | $-8.96M | $-24.01M | $31.46M |
| Income Before Tax | $5.89M | $433.64M | $30.63M | $-41.44M | $107.72M | $481.85M | $164.99M | $18.35M | $-108.32M | $354.18M | $86.81M | $-169.49M | $-482.10M | $-306.10M |
| Income Tax Expense | $-8.36M | $14.34M | $637.00K | $-1.14M | $-146.82M | $6.92M | $1.55M | $1.00M | $-1.83M | $8.31M | $694.00K | $-10.17M | $385.00K | $-10.71M |
| Net Income | $14.25M | $419.30M | $29.99M | $-40.30M | $254.54M | $474.93M | $163.44M | $17.35M | $-106.48M | $345.87M | $86.12M | $-159.32M | $-482.48M | $-295.39M |
| Net Margin % | 0.6% | 14.3% | 1.2% | -1.9% | 12.1% | 16.9% | 6.9% | 0.8% | -5.4% | 13.6% | 3.9% | -8.7% | -31.8% | -18.3% |
| Basic EPS | 0.02 | 0.93 | 0.07 | -0.09 | 0.58 | 1.08 | 0.38 | 0.04 | -0.25 | 0.81 | 0.20 | -0.38 | -1.15 | -0.70 |
| Diluted EPS | 0.05 | 0.86 | 0.07 | -0.09 | 0.52 | 0.95 | 0.35 | 0.04 | -0.23 | 0.71 | 0.20 | -0.38 | -1.15 | -0.70 |
| Basic Shares Outstanding | - | 451.0M | 446.6M | 441.1M | 1.5M | 439.7M | 434.8M | 426.8M | 337K | 425.4M | 424.2M | 422.7M | 548K | 420.8M |
| Diluted Shares Outstanding | - | 495.7M | 448.0M | 441.1M | 1.0M | 514.9M | 513.6M | 431.0M | -33.4M | 511.6M | 461.1M | 422.7M | 548K | 420.8M |
| 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 | $209.89M | $166.80M | $184.01M | $184.36M | $190.76M | $332.52M | $594.10M | $559.81M | $402.42M | $681.56M | $899.13M | $700.60M | $946.99M | $1.19B |
| Accounts Receivable | $291.66M | $252.63M | $265.78M | $270.52M | $221.41M | $200.84M | $209.34M | $282.31M | $280.27M | $239.42M | $219.12M | $259.29M | $326.27M | $393.12M |
| Inventory | $138.18M | $155.51M | $160.56M | $155.71M | $149.72M | $145.06M | $149.93M | $157.88M | $157.65M | $166.06M | $153.85M | $145.95M | $148.72M | $155.88M |
| Other Current Assets | $498.81M | $466.41M | $562.27M | $534.90M | $448.21M | $500.81M | $628.97M | $590.15M | $472.82M | $524.26M | $576.48M | $538.83M | $450.89M | $421.67M |
| Total Current Assets | $1.14B | $1.04B | $1.17B | $1.15B | $1.01B | $1.18B | $1.58B | $1.59B | $1.31B | $1.61B | $1.85B | $1.64B | $1.87B | $2.16B |
| Property Plant & Equipment | $19.07B | $18.94B | $18.25B | $18.11B | $16.81B | $16.74B | $16.63B | $16.46B | $16.43B | $15.97B | $15.05B | $14.51B | $14.52B | $14.51B |
| Goodwill | $135.76M | $135.76M | $135.76M | $135.76M | $135.76M | $135.76M | $135.76M | $98.13M | $98.13M | $98.13M | $98.13M | $98.13M | $98.13M | $98.13M |
| Intangible Assets | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M | $500.52M |
| Other Non-current Assets | $1.70B | $1.60B | $1.54B | $1.46B | $1.51B | $1.23B | $1.26B | $1.17B | $1.15B | $1.07B | $1.15B | $1.60B | $1.57B | $1.68B |
| Total Assets | $22.54B | $22.21B | $21.60B | $21.35B | $19.97B | $19.79B | $20.11B | $19.83B | $19.49B | $19.25B | $18.65B | $18.35B | $18.56B | $18.95B |
| Accounts Payable | $169.66M | $193.40M | $169.37M | $161.78M | $171.11M | $172.94M | $182.45M | $204.97M | $174.34M | $158.41M | $148.33M | $203.23M | $228.74M | $141.31M |
| Deferred Revenue | $3.20B | $3.15B | $3.83B | $3.76B | $3.11B | $3.14B | $3.78B | $3.63B | $3.06B | $2.97B | $3.35B | $3.18B | $2.52B | $2.29B |
| Total Current Liabilities | $5.45B | $5.35B | $6.39B | $6.09B | $5.78B | $6.04B | $6.63B | $6.60B | $6.04B | $5.40B | $5.82B | $5.70B | $5.05B | $4.66B |
| Long-term Debt | $13.73B | $13.65B | $12.63B | $12.87B | $11.78B | $11.75B | $11.91B | $12.01B | $12.31B | $12.63B | $11.99B | $11.92B | $12.63B | $12.89B |
| Other Non-current Liabilities | $1.15B | $1.03B | $1.01B | $971.48M | $986.79M | $860.41M | $873.71M | $859.28M | $839.34M | $776.17M | $820.20M | $830.20M | $803.85M | $994.99M |
| Total Liabilities | $20.33B | $20.02B | $20.03B | $19.94B | $18.54B | $18.65B | $19.42B | $19.46B | $19.19B | $18.81B | $18.63B | $18.45B | $18.49B | $18.55B |
| Common Stock | $455.00K | $455.00K | $447.00K | $443.00K | $440.00K | $440.00K | $440.00K | $429.00K | $425.00K | $425.00K | $425.00K | $424.00K | $421.00K | $421.00K |
| Retained Earnings | $-5.57B | $-5.58B | $-6.00B | $-6.03B | $-5.99B | $-6.24B | $-6.72B | $-6.88B | $-6.90B | $-6.79B | $-7.14B | $-7.23B | $-7.07B | $-6.58B |
| Total Stockholders Equity | $2.21B | $2.19B | $1.57B | $1.42B | $1.43B | $1.14B | $693.13M | $362.09M | $300.81M | $438.69M | $15.22M | $-99.55M | $68.59M | $399.78M |
| Total Liabilities & Equity | $22.54B | $22.21B | $21.60B | $21.35B | $19.97B | $19.79B | $20.11B | $19.83B | $19.49B | $19.25B | $18.65B | $18.35B | $18.56B | $18.95B |
| 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 | $14.25M | $419.30M | $29.99M | $-40.30M | $254.54M | $655.72M | $163.44M | $17.35M | $-106.48M | $345.87M | $86.12M | $-159.32M | $-482.48M | $-1.79B |
| Depreciation & Amortization | $374.35M | $787.76M | $514.97M | $250.53M | $246.63M | $726.88M | $488.03M | $245.09M | $233.28M | $649.96M | $425.29M | $210.68M | $216.63M | $593.42M |
| Stock-based Compensation | $23.80M | $64.60M | $46.18M | $20.28M | $26.21M | $65.57M | $44.93M | $21.95M | $22.69M | $96.25M | $72.69M | $28.16M | $24.64M | $88.92M |
| Change in Receivables | $41.72M | $32.05M | $46.75M | $50.22M | $23.04M | $-72.34M | $-66.67M | $4.05M | $40.41M | $-80.06M | $-106.71M | $-65.39M | $-62.97M | $-765.69M |
| Change in Inventory | $-17.35M | $6.32M | $11.32M | $6.13M | $5.21M | $-12.16M | $-7.33M | $517.00K | $-7.08M | $18.12M | $5.82M | $-2.81M | $-4.78M | $38.39M |
| Change in Payables | $-51.11M | $49.58M | $12.41M | $10.70M | $-11.82M | $-8.39M | $-2.22M | $29.99M | $9.99M | $-60.97M | $-72.34M | $-25.93M | $81.61M | $-97.80M |
| Operating Cash Flow | $459.11M | $1.63B | $1.39B | $679.22M | $399.26M | $1.65B | $1.48B | $807.17M | $259.00M | $1.75B | $1.54B | $503.33M | $236.60M | $-26.58M |
| Capital Expenditure | $437.65M | $2.82B | $1.86B | $1.53B | $243.44M | $967.52M | $599.50M | $258.85M | $647.66M | $2.10B | $974.19M | $237.68M | $155.41M | $1.63B |
| Acquisitions | - | - | - | - | - | $27.32M | $27.32M | - | - | - | - | - | - | - |
| Investing Cash Flow | $-433.14M | $-2.83B | $-1.87B | $-1.53B | $-243.71M | $-985.67M | $-620.87M | $-255.24M | $-690.51M | $-2.21B | $-992.20M | $-236.36M | $-164.42M | $-1.59B |
| Debt Repayment | $449.16M | $7.72B | $3.87B | $2.72B | $900.44M | $1.27B | $778.11M | $425.34M | $1.13B | $2.63B | $2.50B | $1.82B | $304.73M | $1.47B |
| Stock Issued | $-316.00K | $145.27M | $64.00M | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $17.13M | $1.18B | $467.24M | $846.62M | $-297.30M | $-734.79M | $-665.51M | $-394.53M | $152.37M | $194.49M | $-592.26M | $-513.36M | $-311.91M | $1.30B |
| Net Change in Cash | $43.09M | $-23.96M | $-6.75M | $-6.41M | $-141.76M | $-69.89M | $191.68M | $157.40M | $-279.14M | $-265.43M | $-47.85M | $-246.39M | $-239.73M | $-319.93M |
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 | $2.94B | $2.81B | $7.58B | $7.37B |
| Cost of Revenue | $1.55B | $1.54B | $4.32B | $4.38B |
| Operating Expenses | $633.83M | $576.43M | $1.89B | $1.74B |
| Selling General & Admin | $383.00M | $358.00M | $1.17B | $1.07B |
| Operating Income | $749.45M | $691.21M | $1.37B | $1.25B |
| Other Income/Expense | $13.00M | $-34.15M | $-167.93M | $-14.11M |
| Income Before Tax | $433.64M | $481.85M | $422.83M | $665.19M |
| Income Tax Expense | $14.34M | $6.92M | $13.84M | $9.47M |
| Net Income | $419.30M | $474.93M | $408.99M | $655.72M |
| Basic EPS | 0.93 | 1.08 | 0.92 | 1.51 |
| Diluted EPS | 0.86 | 0.95 | 0.87 | 1.37 |
| Basic Shares Outstanding | $451.00M | $439.70M | $446.28M | $433.79M |
| Diluted Shares Outstanding | $495.73M | $514.88M | $505.32M | $514.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $166.80M | $190.76M |
| Accounts Receivable | $252.63M | $221.41M |
| Inventory | $155.51M | $149.72M |
| Other Current Assets | $466.41M | $448.21M |
| Total Current Assets | $1.04B | $1.01B |
| Property Plant & Equipment | $18.94B | $16.81B |
| Goodwill | $135.76M | $135.76M |
| Intangible Assets | $500.52M | $500.52M |
| Other Non-current Assets | $1.60B | $1.51B |
| Total Assets | $22.21B | $19.97B |
| Accounts Payable | $193.40M | $171.11M |
| Deferred Revenue | $3.15B | $3.11B |
| Total Current Liabilities | $5.35B | $5.78B |
| Long-term Debt | $13.65B | $11.78B |
| Other Non-current Liabilities | $1.03B | $986.79M |
| Total Liabilities | $20.02B | $18.54B |
| Common Stock | $455.00K | $440.00K |
| Retained Earnings | $-5.58B | $-5.99B |
| Total Stockholders Equity | $2.19B | $1.43B |
| Total Liabilities & Equity | $22.21B | $19.97B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $419.30M | $474.93M | $408.99M | $655.72M |
| Depreciation & Amortization | $250.83M | $218.43M | $787.76M | $726.88M |
| Stock-based Compensation | - | - | $64.60M | $65.57M |
| Change in Receivables | - | - | $32.05M | $-72.34M |
| Change in Inventory | - | - | $6.32M | $-12.16M |
| Change in Payables | - | - | $49.58M | $-8.39M |
| Operating Cash Flow | - | - | $1.63B | $1.65B |
| Capital Expenditure | - | - | $2.82B | $967.52M |
| Acquisitions | - | - | - | $27.32M |
| Investing Cash Flow | - | - | $-2.83B | $-985.67M |
| Debt Repayment | - | - | $7.72B | $1.27B |
| Stock Issued | - | - | $145.27M | - |
| Financing Cash Flow | - | - | $1.18B | $-734.79M |
| Net Change in Cash | - | - | $-23.96M | $-69.89M |
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.