$1.87B
Revenue
$-356.22M
Net Income
-
Gross Margin
-15.44%
Op. Margin
$1.97B
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Total Revenue | $1.87B | $1.97B | $1.46B | $1.65B | $1.24B |
| Revenue Growth % | -5.1% | 35.4% | -11.7% | 32.7% | nan% |
| Operating Expenses | $2.16B | $1.80B | $1.25B | $915.86M | $869.92M |
| Operating Income | $-289.16M | $172.93M | $209.79M | $736.12M | $374.62M |
| Operating Margin % | -15.4% | 8.8% | 14.4% | 44.6% | 30.1% |
| Interest Expense | $164.12M | $187.64M | $173.15M | $125.50M | $133.14M |
| Other Income/Expense | $14.82M | $-44.93M | $12.37M | $31.80M | $-6.99M |
| Income Before Tax | $-407.49M | $-71.39M | $126.73M | $384.45M | $-184.59M |
| Income Tax Expense | $-51.27M | $5.00M | $-60.60M | $2.54M | $-1.64M |
| Net Income | $-356.22M | $-76.39M | $187.33M | $381.92M | $-182.95M |
| Net Margin % | -19.0% | -3.9% | 12.8% | 23.1% | -14.7% |
| Basic EPS | -2.02 | -0.44 | 1.56 | 4.63 | -2.24 |
| Diluted EPS | -2.02 | -0.44 | 1.55 | 4.56 | -2.24 |
| Basic Shares Outstanding | 173.3M | 175.6M | 119.9M | 82.5M | 82K |
| Diluted Shares Outstanding | 173.3M | 175.6M | 120.8M | 83.7M | 82K |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $108.17M | $33.64M | $44.15M | $69.85M |
| Accounts Receivable | $236.69M | $178.98M | $150.60M | $173.24M |
| Other Current Assets | $35.98M | $10.39M | $1.92M | $1.67M |
| Total Current Assets | $659.38M | $422.18M | $367.83M | $340.00M |
| Property Plant & Equipment | $5.22B | $4.04B | $2.64B | $2.39B |
| Other Non-current Assets | $12.01M | $5.96M | $6.48M | $12.30M |
| Total Assets | $6.19B | $4.82B | $3.06B | $2.77B |
| Accounts Payable | $117.06M | $84.19M | $128.17M | $85.81M |
| Accrued Liabilities | $326.91M | $227.69M | $219.77M | $130.46M |
| Other Current Liabilities | $44.85M | $48.77M | $60.36M | $33.06M |
| Total Current Liabilities | $723.05M | $578.62M | $607.06M | $600.53M |
| Long-term Debt | $1.22B | $992.61M | $585.34M | $956.67M |
| Other Non-current Liabilities | $416.04M | $251.28M | $176.15M | $45.01M |
| Total Liabilities | $3.43B | $2.66B | $1.89B | $2.01B |
| Common Stock | $1.87M | $1.27M | $826.00K | $819.00K |
| Retained Earnings | $-424.11M | $-347.72M | $-535.05M | $-916.96M |
| Total Stockholders Equity | $2.76B | $2.16B | $1.17B | $760.65M |
| Total Liabilities & Equity | $6.19B | $4.82B | $3.06B | $2.77B |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Net Income | $-356.22M | $-76.39M | $187.33M | $381.92M | $-182.95M |
| Depreciation & Amortization | $1.09B | $1.02B | $663.53M | $414.63M | $395.99M |
| Stock-based Compensation | $31.79M | $14.46M | $12.95M | $15.95M | $10.99M |
| Deferred Income Tax | - | $6.77M | $-60.70M | - | - |
| Change in Receivables | $-152.02M | $-8.58M | $-20.35M | $-14.93M | $35.40M |
| Change in Payables | $-45.30M | $-3.83M | $-60.40M | $24.26M | $-6.26M |
| Operating Cash Flow | $1.97B | $962.59M | $519.07M | $709.74M | $411.39M |
| Acquisitions | $73.63M | $936.21M | - | $3.50M | $5.40M |
| Investing Cash Flow | $-992.55M | $-1.32B | $-512.63M | $-311.98M | $-293.75M |
| Stock Issued | - | $387.72M | - | - | - |
| Stock Repurchased | $175.03M | $45.18M | $47.50M | - | - |
| Financing Cash Flow | $-375.29M | $436.12M | $85.41M | $-423.47M | $-82.02M |
| Net Change in Cash | $603.65M | $78.43M | $91.85M | $-25.71M | $35.62M |
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 | $450.05M | $509.29M | $1.39B | $1.49B |
| Operating Expenses | $536.23M | $485.74M | $1.70B | $1.34B |
| Operating Income | $-86.18M | $23.55M | $-316.32M | $145.76M |
| Interest Expense | $40.85M | $46.27M | $122.58M | $146.10M |
| Other Income/Expense | $2.05M | $3.27M | $11.28M | $-48.47M |
| Income Before Tax | $-120.11M | $106.28M | $-352.43M | $-16.33M |
| Income Tax Expense | $-24.20M | $18.11M | $-60.72M | $-4.45M |
| Net Income | $-95.91M | $88.17M | $-291.71M | $-11.88M |
| Basic EPS | -0.55 | 0.49 | -1.65 | -0.07 |
| Diluted EPS | -0.55 | 0.49 | -1.65 | -0.07 |
| Basic Shares Outstanding | $173.29M | $180.20M | $176.94M | $174.11M |
| Diluted Shares Outstanding | $173.29M | $180.56M | $176.94M | $174.11M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $332.69M | $108.17M |
| Accounts Receivable | $332.58M | $404.26M |
| Other Current Assets | $2.32M | $35.98M |
| Total Current Assets | $810.90M | $659.38M |
| Property Plant & Equipment | $4.59B | $5.22B |
| Other Non-current Assets | $8.51M | $12.01M |
| Total Assets | $5.70B | $6.19B |
| Accounts Payable | $80.12M | $117.06M |
| Accrued Liabilities | $297.76M | $326.91M |
| Other Current Liabilities | $39.92M | $44.85M |
| Total Current Liabilities | $637.12M | $723.05M |
| Long-term Debt | $1.22B | $1.22B |
| Other Non-current Liabilities | $327.43M | $416.04M |
| Total Liabilities | $3.32B | $3.43B |
| Common Stock | $1.89M | $1.87M |
| Retained Earnings | $-715.82M | $-424.11M |
| Total Stockholders Equity | $2.38B | $2.76B |
| Total Liabilities & Equity | $5.70B | $6.19B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-95.91M | $88.17M | $-291.71M | $-11.88M |
| Depreciation & Amortization | $262.64M | $274.25M | $813.06M | $749.00M |
| Stock-based Compensation | - | - | $13.50M | $8.86M |
| Change in Receivables | - | - | $-71.73M | $-24.18M |
| Change in Payables | - | - | $-27.47M | $12.62M |
| Operating Cash Flow | - | - | $734.05M | $613.26M |
| Acquisitions | - | - | $43.94M | $936.21M |
| Investing Cash Flow | - | - | $-404.69M | $-1.17B |
| Stock Issued | - | - | - | $387.72M |
| Stock Repurchased | - | - | $103.00M | $45.18M |
| Financing Cash Flow | - | - | $-135.38M | $569.71M |
| Net Change in Cash | - | - | $193.98M | $14.95M |
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.