$1.94B
Revenue
$-31.05M
Net Income
21.19%
Gross Margin
6.43%
Op. Margin
$547.10M
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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.94B | $1.94B | $1.80B | $1.87B | $1.57B | $1.17B | $302.74M | $264.04M | $246.30M | $203.77M |
| Revenue Growth % | 0.0% | 7.9% | -3.4% | 18.6% | 34.8% | 285.5% | 14.7% | 7.2% | 20.9% | nan% |
| Cost of Revenue | $1.53B | $1.53B | $1.41B | $1.41B | $1.19B | $957.14M | $226.30M | $177.49M | $164.68M | $146.02M |
| Gross Profit | $411.89M | $411.89M | $390.27M | $454.26M | $383.75M | $210.01M | $76.44M | $86.55M | $81.62M | $57.74M |
| Gross Margin % | 21.2% | 21.2% | 21.7% | 24.4% | 24.4% | 18.0% | 25.3% | 32.8% | 33.1% | 28.3% |
| Operating Expenses | $286.95M | $286.95M | $263.91M | $283.31M | $280.44M | $251.98M | $59.20M | $50.53M | $38.45M | $34.26M |
| Selling General & Admin | $230.08M | $230.08M | $229.54M | $231.40M | $210.87M | $155.78M | $43.46M | $34.67M | $32.72M | $27.55M |
| Operating Income | $124.94M | $124.94M | $126.36M | $170.95M | $103.31M | $-41.97M | $17.25M | $36.02M | $-1.55M | $23.49M |
| Operating Margin % | 6.4% | 6.4% | 7.0% | 9.2% | 6.6% | -3.6% | 5.7% | 13.6% | -0.6% | 11.5% |
| Interest Expense | $259.89M | $155.43M | $152.34M | $122.87M | $81.18M | $92.62M | $60.34M | $53.59M | $53.76M | $49.77M |
| Interest Income | - | - | - | - | - | - | - | - | $6.68M | - |
| Other Income/Expense | $4.55M | $4.55M | $11.55M | $18.44M | $32.33M | $-571.00K | $-5.40M | $-1.69M | $-287.00K | $-366.00K |
| Income Before Tax | $-28.13M | $-28.13M | $-29.19M | $58.08M | $46.73M | $-177.08M | $-51.35M | $-33.04M | $-13.82M | $-30.59M |
| Income Tax Expense | $2.92M | $2.92M | $-532.00K | $7.36M | $7.83M | $4.42M | $-30.07M | $-5.99M | $1.71M | $-3.49M |
| Net Income | $-31.05M | $-31.05M | $-28.66M | $50.71M | $38.91M | $-181.50M | $-21.28M | $-27.05M | $5.17M | $-27.09M |
| Net Margin % | -1.6% | -1.6% | -1.6% | 2.7% | 2.5% | -15.6% | -7.0% | -10.2% | 2.1% | -13.3% |
| Basic EPS | nan | -0.14 | -0.12 | 0.21 | 0.16 | -0.75 | -0.43 | -0.82 | nan | nan |
| Diluted EPS | nan | -0.14 | -0.12 | 0.21 | 0.16 | -0.75 | -0.43 | -0.82 | nan | nan |
| Basic Shares Outstanding | -136K | 227.0M | 237.0M | 245.1M | 247.2M | 241.4M | 49.1M | 33.1M | - | - |
| Diluted Shares Outstanding | -136K | 227.0M | 237.0M | 245.7M | 247.7M | 241.4M | 49.1M | 33.1M | - | - |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $6.27M | $3.81M | $10.31M | $14.36M | $35.90M | $3.41M | $6.30M | $468.25K | $501.93K |
| Accounts Receivable | $195.54M | $215.87M | $215.09M | $193.11M | $168.39M | $60.93M | $71.32M | $52.56M | - |
| Inventory | $930.94M | $1.05B | $985.79M | $596.72M | $410.54M | $31.37M | $33.00M | $11.44M | - |
| Other Current Assets | $17.01M | $23.56M | $23.86M | $25.78M | $13.22M | $7.53M | $5.22M | $1.34K | $106.92K |
| Total Current Assets | $1.16B | $1.30B | $1.27B | $868.25M | $656.70M | $103.24M | $115.84M | $469.60K | $608.84K |
| Property Plant & Equipment | - | - | - | - | - | $6.27M | $6.56M | $2.76M | - |
| Goodwill | $705.17M | $704.81M | $704.01M | $703.83M | $695.87M | $238.05M | - | - | - |
| Intangible Assets | $225.72M | $252.39M | $277.21M | $304.13M | $327.84M | $67.58M | - | - | - |
| Other Non-current Assets | $11.82M | $16.05M | $23.43M | $26.94M | $24.41M | $498.00K | - | - | - |
| Total Assets | $3.44B | $3.50B | $3.37B | $2.94B | $2.68B | $768.40M | $815.28M | $408.20M | $403.11M |
| Accounts Payable | $88.37M | $88.49M | $117.65M | $87.25M | $91.12M | $31.83M | $41.17M | $20.87M | - |
| Accrued Liabilities | $69.23M | $69.35M | $73.85M | $68.78M | $60.34M | $31.99M | $27.59M | $20.38M | - |
| Deferred Revenue | $23.50M | $26.25M | $28.76M | $34.67M | $35.79M | $975.00K | - | - | - |
| Total Current Liabilities | $873.33M | $1.00B | $897.39M | $634.88M | $440.58M | $71.35M | $77.76M | $90.88K | $176.47K |
| Long-term Debt | $1.65B | $1.53B | $1.49B | $1.35B | $1.31B | $715.86M | $713.02M | $756.87M | - |
| Deferred Tax Liabilities | $33.76M | $31.40M | $33.35M | $29.09M | $15.62M | - | $12.29M | $11.19M | - |
| Other Non-current Liabilities | - | - | - | - | - | $7.01M | $1.71M | $422.00K | - |
| Total Liabilities | - | - | - | - | - | - | - | $14.18M | $14.26M |
| Common Stock | $25.00K | $25.00K | $25.00K | $25.00K | $25.00K | $5.00K | $5.00K | $2.00K | - |
| Retained Earnings | $-617.58M | $-586.53M | $-557.87M | $-608.59M | $-647.49M | $-465.99M | $-444.71M | $4.40M | $-777.47K |
| Treasury Stock | - | - | - | - | $3.02M | - | - | - | - |
| Total Stockholders Equity | $809.10M | $861.31M | $917.20M | $888.44M | $858.51M | $-31.07M | $-12.13M | $5.00M | $5.00M |
| Total Liabilities & Equity | $3.44B | $3.50B | $3.37B | $2.94B | $2.68B | $768.40M | $815.28M | $408.20M | $403.11M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-48.84M | $-31.05M | $-28.66M | $50.71M | $38.91M | $-181.50M | $-21.28M | $-27.05M | $5.17M | $-27.09M |
| Depreciation & Amortization | $454.19M | $263.88M | $235.84M | $218.99M | $223.48M | $209.07M | $84.89M | $76.77M | $3.04M | $2.86M |
| Stock-based Compensation | $15.05M | $8.47M | $11.86M | $13.31M | $12.30M | $17.31M | $2.36M | $1.01M | $1.13M | $1.10M |
| Deferred Income Tax | - | $-10.74M | $-6.26M | $14.98M | - | - | - | - | - | - |
| Change in Receivables | $-48.14M | $-15.64M | $21.75M | $20.88M | $36.82M | $37.72M | $-7.06M | $17.07M | $5.18M | $20.50M |
| Change in Inventory | $-57.05M | $-121.12M | $64.86M | $388.06M | $194.69M | $-46.57M | $9.64M | $22.68M | $8.02M | $8.74M |
| Change in Payables | $74.07M | $-660.00K | $-27.48M | $28.34M | $-5.59M | $8.06M | $3.11M | $7.55M | $-4.31M | $5.57M |
| Operating Cash Flow | $547.10M | $310.11M | $121.98M | $-30.88M | $45.97M | $138.93M | $42.83M | $18.79M | $-1.53M | $17.22M |
| Acquisitions | - | - | $6.01M | - | $49.83M | $1.34B | - | $48.42M | $1.52M | $478.00K |
| Investing Cash Flow | $-493.58M | $-282.46M | $-187.49M | $-176.60M | $-218.94M | $-1.43B | $-29.31M | $-129.68M | $1.50M | $-21.37M |
| Stock Issued | - | - | - | - | - | $883.00M | - | - | - | - |
| Stock Repurchased | $97.72M | $32.58M | $28.98M | $38.84M | $10.28M | - | - | - | - | - |
| Financing Cash Flow | $-47.96M | $-25.27M | $58.28M | $202.88M | $153.90M | $1.32B | $-16.41M | $115.05M | - | $3.78M |
| Net Change in Cash | $5.50M | $2.47M | $-6.50M | $-4.05M | $-21.54M | $32.49M | $-2.89M | $4.16M | $1.18M | $-364.00K |
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 | $482.06M | - | $1.42B | - |
| Cost of Revenue | $381.31M | - | $1.13B | - |
| Gross Profit | $100.75M | - | $288.83M | - |
| Operating Expenses | $68.12M | - | $215.87M | - |
| Selling General & Admin | $54.86M | - | $173.48M | - |
| Operating Income | $32.63M | - | $72.97M | - |
| Interest Expense | - | - | $104.11M | - |
| Other Income/Expense | $874.00K | - | $3.26M | - |
| Income Before Tax | $-6.74M | - | $-43.14M | - |
| Income Tax Expense | $-988.00K | - | $8.79M | - |
| Net Income | $-5.76M | $-24.48M | $-51.93M | - |
| Basic EPS | -0.03 | - | -0.23 | - |
| Diluted EPS | -0.03 | - | -0.23 | - |
| Basic Shares Outstanding | $226.56M | - | $227.10M | - |
| Diluted Shares Outstanding | $226.56M | - | $227.10M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $13.06M | $3.81M |
| Accounts Receivable | $182.22M | $215.87M |
| Inventory | $1.04B | $1.05B |
| Other Current Assets | $19.76M | $23.56M |
| Total Current Assets | $1.26B | $1.30B |
| Goodwill | $705.05M | $704.81M |
| Intangible Assets | $232.33M | $252.39M |
| Other Non-current Assets | $12.87M | $16.05M |
| Total Assets | $3.54B | $3.50B |
| Accounts Payable | $107.09M | $88.49M |
| Accrued Liabilities | $91.59M | $69.35M |
| Deferred Revenue | $27.47M | $26.25M |
| Total Current Liabilities | $989.49M | $1.00B |
| Long-term Debt | $1.63B | $1.52B |
| Deferred Tax Liabilities | $38.57M | $31.40M |
| Common Stock | $25.00K | $25.00K |
| Retained Earnings | $-638.46M | $-586.53M |
| Total Stockholders Equity | $784.68M | $861.31M |
| Total Liabilities & Equity | $3.54B | $3.50B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-5.76M | $-24.48M | $-51.93M | - |
| Depreciation & Amortization | - | - | $195.01M | - |
| Stock-based Compensation | - | - | $6.26M | - |
| Change in Receivables | - | - | $-28.93M | - |
| Change in Inventory | - | - | $-15.75M | - |
| Change in Payables | - | - | $17.58M | - |
| Operating Cash Flow | - | - | $262.80M | - |
| Acquisitions | - | - | - | - |
| Investing Cash Flow | - | - | $-233.79M | - |
| Stock Repurchased | - | - | $32.58M | - |
| Financing Cash Flow | - | - | $-19.70M | - |
| Net Change in Cash | - | - | $9.25M | - |
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.