$1.41B
Revenue
$21.22M
Net Income
14.38%
Gross Margin
2.05%
Op. Margin
$-183.69M
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 | $1.41B | $1.41B | $1.45B | $1.59B | $1.39B | $764.62M |
| Revenue Growth % | 0.0% | -3.1% | -8.4% | 14.3% | 81.5% | nan% |
| Cost of Revenue | $1.20B | $1.20B | $1.23B | $1.35B | $1.23B | $743.76M |
| Gross Profit | $202.40M | $202.40M | $219.47M | $231.66M | $160.75M | $20.86M |
| Gross Margin % | 14.4% | 14.4% | 15.1% | 14.6% | 11.6% | 2.7% |
| Operating Expenses | $173.59M | $173.59M | $164.98M | $170.47M | $121.59M | $86.40M |
| Selling General & Admin | $161.32M | $161.32M | $159.98M | $155.55M | $118.94M | $83.08M |
| Operating Income | $28.81M | $28.81M | $54.49M | $61.19M | $39.16M | $-65.54M |
| Operating Margin % | 2.0% | 2.0% | 3.8% | 3.9% | 2.8% | -8.6% |
| Interest Expense | $33.61M | $18.74M | $7.14M | $4.39M | $2.70M | $1.71M |
| Other Income/Expense | $-1.14M | $-1.14M | $-573.00K | $2.42M | $4.73M | $673.00K |
| Income Before Tax | $19.86M | $19.86M | $49.02M | $19.02M | $56.72M | $-49.66M |
| Income Tax Expense | $-1.61M | $-1.61M | $13.57M | $-60.20M | $957.00K | $147.00K |
| Net Income | $21.22M | $21.22M | $30.64M | $74.40M | $48.28M | $-42.23M |
| Net Margin % | 1.5% | 1.5% | 2.1% | 4.7% | 3.5% | -5.5% |
| 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 | $18.08M | $19.98M | $57.08M | $7.32M | $85.80M |
| Accounts Receivable | - | - | - | $429.98M | $232.82M |
| Inventory | $34.28M | $38.45M | $38.65M | $41.16M | $44.46M |
| Other Current Assets | $38.00M | $45.35M | $35.54M | $34.38M | $31.49M |
| Total Current Assets | $354.39M | $385.50M | $454.06M | $517.94M | $394.79M |
| Property Plant & Equipment | $912.18M | $725.65M | $517.58M | $499.55M | $391.79M |
| Goodwill | $48.48M | $18.21M | $4.68M | - | - |
| Intangible Assets | $106.20M | $123.72M | - | - | - |
| Other Non-current Assets | $18.53M | $18.66M | $24.56M | $18.90M | $7.41M |
| Total Assets | $1.60B | $1.37B | $1.22B | $1.22B | $950.19M |
| Accounts Payable | $49.68M | $39.19M | $42.58M | $61.54M | $36.05M |
| Accrued Liabilities | $46.27M | $76.20M | $66.18M | $67.46M | $52.05M |
| Total Current Liabilities | $225.70M | $233.38M | $211.55M | $231.29M | $162.04M |
| Long-term Debt | $320.00M | $85.00M | - | $16.00M | - |
| Other Non-current Liabilities | $92.85M | $62.87M | $38.95M | $45.45M | $39.78M |
| Total Liabilities | $668.54M | $450.75M | $326.02M | $339.12M | $255.02M |
| Retained Earnings | $-184.92M | $-206.15M | $-236.79M | $-311.19M | $-359.47M |
| Total Stockholders Equity | $805.62M | $793.52M | $772.49M | $765.98M | $592.10M |
| Total Liabilities & Equity | $1.60B | $1.37B | $1.22B | $1.22B | $950.19M |
| 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 | $21.22M | $21.22M | $30.64M | $74.40M | $48.28M | $-42.23M |
| Depreciation & Amortization | $6.25M | $5.32M | $3.40M | $2.28M | $115.72M | $92.46M |
| Stock-based Compensation | $30.04M | $19.88M | $26.36M | $17.37M | $15.57M | $9.47M |
| Deferred Income Tax | $1.27M | $-1.22M | $12.50M | $-61.96M | $-188.00K | $283.00K |
| Change in Receivables | $69.81M | $-16.11M | $-46.88M | $-102.30M | $162.26M | $80.13M |
| Operating Cash Flow | $287.14M | $214.67M | $234.89M | $285.36M | $33.23M | $-16.25M |
| Capital Expenditure | $470.82M | $294.56M | $173.15M | $135.87M | $71.88M | $39.99M |
| Acquisitions | $84.78M | $53.59M | $161.28M | $17.69M | $6.96M | $34.74M |
| Investing Cash Flow | $-744.98M | $-404.96M | $-318.62M | $-137.17M | $-53.25M | $-64.46M |
| Debt Repayment | - | - | - | - | $22.07M | - |
| Stock Issued | - | - | $50.00K | - | $53.00K | $58.00K |
| Stock Repurchased | $20.15M | $7.29M | $7.91M | $61.77M | $20.21M | $1.21M |
| Dividends Paid | $59.09M | $33.66M | $29.75M | $24.92M | $6.02M | - |
| Financing Cash Flow | $495.06M | $188.39M | $46.64M | $-98.42M | $-58.45M | $-2.54M |
| Net Change in Cash | $37.23M | $-1.89M | $-37.10M | $49.76M | $-78.48M | $-83.24M |
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 | $322.24M | $371.35M | $1.06B | $1.10B |
| Cost of Revenue | $278.69M | $308.90M | $903.76M | $927.75M |
| Gross Profit | $43.55M | $62.45M | $157.08M | $175.28M |
| Operating Expenses | $45.33M | $37.93M | $127.88M | $123.40M |
| Selling General & Admin | $41.67M | $37.27M | $118.04M | $120.23M |
| Operating Income | $-1.77M | $24.52M | $29.19M | $51.88M |
| Interest Expense | $5.96M | $1.91M | $12.48M | $5.22M |
| Other Income/Expense | $-2.28M | $-78.00K | $-1.86M | $-318.00K |
| Income Before Tax | $7.51M | $24.16M | $36.25M | $48.69M |
| Income Tax Expense | $434.00K | $5.85M | $7.85M | $11.26M |
| Net Income | $2.68M | $15.79M | $21.57M | $32.28M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $17.83M | $19.98M |
| Inventory | $37.97M | $38.45M |
| Other Current Assets | $47.47M | $45.35M |
| Total Current Assets | $380.26M | $385.50M |
| Property Plant & Equipment | $887.36M | $725.65M |
| Goodwill | $45.13M | $18.21M |
| Other Non-current Assets | $19.17M | $18.66M |
| Total Assets | $1.59B | $1.37B |
| Total Current Liabilities | $231.31M | $233.38M |
| Long-term Debt | $285.44M | $85.00M |
| Other Non-current Liabilities | $78.05M | $62.87M |
| Total Liabilities | $656.50M | $450.75M |
| Retained Earnings | $-184.58M | $-206.15M |
| Total Stockholders Equity | $808.11M | $793.52M |
| Total Liabilities & Equity | $1.59B | $1.37B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.68M | $15.79M | $21.57M | $32.28M |
| Depreciation & Amortization | $1.31M | $661.00K | $4.15M | $2.67M |
| Stock-based Compensation | - | - | $14.08M | $18.36M |
| Deferred Income Tax | $608.00K | $5.65M | $7.57M | $10.57M |
| Change in Receivables | - | - | $-3.02M | $-29.01M |
| Operating Cash Flow | - | - | $149.22M | $167.12M |
| Capital Expenditure | - | - | $223.06M | $118.08M |
| Acquisitions | - | - | $52.34M | $158.44M |
| Investing Cash Flow | - | - | $-333.71M | $-264.24M |
| Stock Repurchased | - | - | $6.91M | $7.32M |
| Dividends Paid | - | - | $25.25M | $21.53M |
| Financing Cash Flow | - | - | $182.33M | $50.98M |
| Net Change in Cash | - | - | $-2.15M | $-46.15M |
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.