$1.95B
Revenue
$-432.06M
Net Income
21.81%
Gross Margin
-
Op. Margin
$-541.42M
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 2023 (Dec 31, 2024) |
Q3 2023 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $550.53M | $482.13M | $467.88M | $449.25M | $557.52M | $717.83M | $673.83M | $668.15M | $727.53M | $765.71M | $717.06M | $874.66M |
| Revenue Growth % (YoY) | nan% | nan% | -30.6% | -32.8% | -22.2% | -17.9% | -7.4% | -12.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $434.06M | $360.59M | $339.63M | $390.29M | $403.61M | $501.47M | $372.74M | $472.52M | $380.96M | $380.47M | $375.12M | $385.50M |
| Gross Profit | $116.47M | $121.54M | $128.25M | $58.96M | $153.91M | $216.36M | $301.08M | $195.63M | $346.56M | $385.24M | $341.94M | $489.15M |
| Gross Margin % | 21.2% | 25.2% | 27.4% | 13.1% | 27.6% | 30.1% | 44.7% | 29.3% | 47.6% | 50.3% | 47.7% | 55.9% |
| Operating Expenses | $649.47M | $554.07M | $515.39M | $562.54M | $604.52M | $749.99M | $607.23M | $700.12M | $606.26M | $616.19M | $616.06M | $688.35M |
| Selling General & Admin | $15.78M | $7.54M | $7.60M | $8.33M | $10.31M | $12.22M | $8.65M | $8.81M | $9.98M | $7.77M | $13.84M | $10.40M |
| Interest Expense | $9.49M | $49.32M | $22.89M | $20.49M | $12.12M | $14.60M | $15.27M | $722.00K | $14.09M | $575.00K | $17.69M | $19.04M |
| Other Income/Expense | $10.36M | $460.00K | $1.97M | $-2.21M | $12.38M | $8.19M | $-906.00K | $12.01M | $6.47M | $3.04M | $-21.40M | $32.90M |
| Income Before Tax | $-138.88M | $-103.76M | $-67.74M | $-134.03M | $-65.91M | $-39.31M | $52.60M | $-33.11M | $113.29M | $141.89M | $55.42M | $202.00M |
| Income Tax Expense | $11.30M | $5.71M | $8.47M | $-37.83M | $-11.83M | $-18.23M | $7.40M | $-4.11M | $21.98M | $34.03M | $-3.82M | $51.42M |
| Net Income | $-150.19M | $-109.47M | $-76.20M | $-96.20M | $-54.08M | $-21.08M | $45.20M | $-29.00M | $91.31M | $107.86M | $59.23M | $150.57M |
| Net Margin % | -27.3% | -22.7% | -16.3% | -21.4% | -9.7% | -2.9% | 6.7% | -4.3% | 12.6% | 14.1% | 8.3% | 17.2% |
| Basic EPS | -0.90 | -0.65 | -0.45 | -0.57 | -0.32 | -0.13 | 0.27 | -0.17 | 0.54 | 0.64 | 0.35 | 0.90 |
| Diluted EPS | -0.90 | -0.65 | -0.45 | -0.57 | -0.32 | -0.13 | 0.27 | -0.17 | 0.54 | 0.64 | 0.35 | 0.90 |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2023 (Dec 31, 2024) |
Q3 2023 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accounts Receivable | $250.92M | $146.49M | $154.51M | $167.48M | $209.11M | $262.60M | $281.62M | $301.48M | $298.21M | $311.98M | $409.98M | $418.24M |
| Inventory | $195.16M | $211.81M | $178.70M | $134.77M | $155.74M | $207.27M | $197.30M | $149.84M | $259.90M | $185.01M | $158.02M | $106.97M |
| Other Current Assets | $87.68M | $73.67M | $78.10M | $79.51M | $110.28M | $118.42M | $109.79M | $89.82M | $91.29M | $75.64M | $60.19M | $59.35M |
| Total Current Assets | $706.80M | $604.06M | $673.14M | $611.47M | $814.75M | $935.80M | $880.22M | $802.02M | $1.09B | $1.07B | $989.03M | $1.31B |
| Property Plant & Equipment | $1.65B | $1.68B | $1.67B | $1.59B | $1.51B | $1.43B | $1.53B | $1.50B | $1.41B | $1.41B | $1.39B | $1.33B |
| Goodwill | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M | $28.01M |
| Intangible Assets | $2.71M | $2.76M | $2.81M | $2.86M | $2.90M | $3.16M | $3.01M | $3.06M | $3.21M | $3.26M | $3.31M | $3.36M |
| Other Non-current Assets | $5.41M | $10.81M | $11.27M | $10.05M | $6.34M | $21.29M | $11.99M | $21.44M | $14.66M | $21.24M | $33.59M | $33.25M |
| Total Assets | $2.63B | $2.54B | $2.58B | $2.41B | $2.52B | $2.53B | $2.62B | $2.55B | $2.69B | $2.64B | $2.55B | $2.80B |
| Accounts Payable | $89.18M | $145.65M | $100.34M | $115.71M | $101.74M | $84.86M | $99.99M | $86.74M | $83.43M | $69.22M | $61.78M | $85.35M |
| Accrued Liabilities | $276.03M | $202.92M | $230.74M | $195.36M | $206.80M | $257.46M | $244.34M | $267.83M | $335.01M | $324.65M | $343.69M | $406.10M |
| Total Current Liabilities | $457.05M | $448.15M | $420.93M | $417.64M | $405.57M | $416.89M | $425.23M | $443.25M | $510.34M | $580.07M | $600.86M | $671.34M |
| Long-term Debt | $686.66M | $487.50M | $487.25M | $411.25M | $412.31M | $262.31M | $260.88M | - | - | - | - | - |
| Deferred Tax Liabilities | $23.25M | $19.26M | $11.81M | - | $36.74M | $109.44M | $100.51M | $110.64M | $115.19M | $103.73M | $95.67M | $109.36M |
| Other Non-current Liabilities | $41.41M | $44.10M | $41.33M | $38.70M | $36.39M | $35.33M | $39.38M | $36.94M | $33.09M | $30.89M | $27.95M | $33.23M |
| Total Liabilities | $1.98B | $1.75B | $1.68B | $1.44B | $1.44B | $1.30B | $1.38B | $1.37B | $1.40B | $1.44B | $1.45B | $1.56B |
| Common Stock | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M | $1.68M |
| Retained Earnings | $-326.23M | $-176.04M | $-66.58M | $9.63M | $114.21M | $261.88M | $247.67M | $202.47M | $291.34M | $200.03M | $100.55M | $266.32M |
| Total Stockholders Equity | $649.75M | $792.55M | $901.75M | $969.94M | $1.07B | $1.24B | $1.24B | $1.18B | $1.28B | $1.20B | $1.10B | $1.24B |
| Total Liabilities & Equity | $2.63B | $2.54B | $2.58B | $2.41B | $2.52B | $2.53B | $2.62B | $2.55B | $2.69B | $2.64B | $2.55B | $2.80B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2023 (Dec 31, 2024) |
Q3 2023 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-150.19M | $-109.47M | $-76.20M | $-96.20M | $-54.08M | $-21.08M | $16.20M | $-29.00M | $199.17M | $107.86M | $59.23M | $150.57M |
| Depreciation & Amortization | $50.12M | $49.20M | $86.03M | $40.52M | $45.23M | $34.75M | $96.61M | $45.35M | $78.30M | $39.42M | $40.15M | $37.51M |
| Stock-based Compensation | $642.00K | $-459.00K | $-185.00K | $-1.19M | $204.00K | $1.56M | $-777.00K | $-1.16M | $981.00K | $-308.00K | $631.00K | $2.10M |
| Change in Receivables | $102.19M | $-66.85M | $-66.27M | $-44.70M | $-49.07M | $-147.96M | $26.39M | $46.18M | $-117.88M | $-105.27M | $-13.28M | $170.09M |
| Change in Inventory | $-18.25M | $50.95M | $18.42M | $-21.87M | $2.31M | $54.70M | $9.38M | $-36.52M | $104.74M | $28.04M | $47.34M | $-6.09M |
| Change in Payables | $-54.97M | $41.17M | $-3.77M | $13.63M | $3.77M | $25.68M | $-13.09M | $-23.97M | $23.34M | $7.60M | $-24.29M | $-3.37M |
| Operating Cash Flow | $-134.85M | $54.85M | $40.09M | $-37.27M | $62.57M | $223.68M | $11.10M | $-53.78M | $223.87M | $223.63M | $-18.74M | $945.38M |
| Capital Expenditure | $37.91M | $206.87M | $147.40M | $72.06M | $46.99M | $182.44M | $123.48M | $54.93M | $104.85M | $54.84M | $57.79M | $141.93M |
| Investing Cash Flow | $-33.09M | $-265.64M | $-177.00M | $-70.92M | $-25.45M | $-183.03M | $-122.83M | $-55.31M | $-105.07M | $-54.15M | $-57.67M | $-150.67M |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividends Paid | - | $8.33M | $8.33M | - | - | $16.75M | $8.33M | - | $8.37M | - | $226.34M | $473.90M |
| Financing Cash Flow | $164.26M | $43.72M | $58.88M | $-1.54M | $134.88M | $-23.00M | $37.60M | $-857.00K | $-9.93M | $-951.00K | $-300.40M | $-483.85M |
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 | $482.13M | - | $1.40B | - |
| Cost of Revenue | $360.59M | - | $1.09B | - |
| Operating Expenses | $554.07M | - | $1.63B | - |
| Selling General & Admin | $7.54M | - | $23.47M | - |
| Interest Expense | - | - | $49.32M | - |
| Other Income/Expense | $460.00K | - | $219.00K | - |
| Income Before Tax | $-103.76M | - | $-305.53M | - |
| Income Tax Expense | $5.71M | - | $-23.66M | - |
| Net Income | $-109.47M | $45.20M | $-281.87M | - |
| Basic EPS | -0.65 | - | -1.68 | - |
| Diluted EPS | -0.65 | - | -1.68 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $146.49M | $209.11M |
| Inventory | $211.81M | $155.74M |
| Other Current Assets | $73.67M | $110.28M |
| Total Current Assets | $604.06M | $814.75M |
| Property Plant & Equipment | $1.68B | $1.51B |
| Goodwill | $28.01M | $28.01M |
| Intangible Assets | $2.76M | $2.90M |
| Other Non-current Assets | $10.81M | $6.34M |
| Total Assets | $2.54B | $2.52B |
| Accounts Payable | $145.65M | $101.74M |
| Accrued Liabilities | $202.92M | $206.80M |
| Total Current Liabilities | $448.15M | $405.57M |
| Long-term Debt | $487.50M | $410.94M |
| Deferred Tax Liabilities | $19.26M | $36.74M |
| Other Non-current Liabilities | $44.10M | $36.39M |
| Total Liabilities | $1.75B | $1.44B |
| Common Stock | $1.68M | $1.68M |
| Retained Earnings | $-176.04M | $114.21M |
| Total Stockholders Equity | $792.55M | $1.07B |
| Total Liabilities & Equity | $2.54B | $2.52B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-109.47M | $45.20M | $-281.87M | - |
| Depreciation & Amortization | $49.20M | - | $135.23M | - |
| Stock-based Compensation | - | - | $-459.00K | - |
| Change in Receivables | - | - | $-66.85M | - |
| Change in Inventory | - | - | $50.95M | - |
| Change in Payables | - | - | $41.17M | - |
| Operating Cash Flow | - | - | $54.85M | - |
| Capital Expenditure | - | - | $206.87M | - |
| Investing Cash Flow | - | - | $-265.64M | - |
| Dividends Paid | - | - | $8.33M | - |
| Financing Cash Flow | - | - | $43.72M | - |
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.