$5.89B
Revenue
$-308.25M
Net Income
-31.02%
Gross Margin
-6.41%
Op. Margin
$-192.35M
Free Cash Flow
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.44B | $1.39B | $1.53B | $1.52B | $1.45B | $1.48B |
| Revenue Growth % (YoY) | -1.1% | -5.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.94B | $1.87B | $1.87B | $2.04B | $1.95B | $1.88B |
| Gross Profit | $-502.78M | $-472.18M | $-337.37M | $-513.46M | $-501.17M | $-397.01M |
| Gross Margin % | -35.0% | -33.8% | -22.0% | -33.7% | -34.5% | -26.8% |
| Operating Expenses | $1.57B | $1.51B | $1.55B | $1.63B | $1.58B | $1.53B |
| Operating Income | $-131.27M | $-116.03M | $-22.11M | $-108.10M | $-133.51M | $-43.34M |
| Operating Margin % | -9.1% | -8.3% | -1.4% | -7.1% | -9.2% | -2.9% |
| Interest Expense | $1.84M | $1.57M | $1.51M | $-6.00K | $1.62M | $1.70M |
| Other Income/Expense | $9.44M | $7.88M | $9.26M | $7.70M | $16.06M | $4.84M |
| Income Before Tax | $-110.54M | $-104.31M | $-1.69M | $-104.67M | $-117.02M | $-30.25M |
| Income Tax Expense | $-331.00K | $62.00K | $196.00K | $1.76M | $-590.00K | $417.00K |
| Net Income | $-110.21M | $-104.37M | $12.11M | $-105.79M | $-117.61M | $-30.68M |
| Net Margin % | -7.7% | -7.5% | 0.8% | -6.9% | -8.1% | -2.1% |
| Basic Shares Outstanding | 414.5M | 413.8M | 412.9M | 362K | 411.6M | 411.3M |
| Diluted Shares Outstanding | 414.5M | 413.8M | 412.9M | 362K | 411.6M | 411.3M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $171.68M | $171.42M | $136.94M | $188.23M | $148.16M | $109.49M |
| Accounts Receivable | $947.16M | $1.05B | $1.24B | $1.02B | $1.37B | $1.44B |
| Other Current Assets | $80.02M | $78.50M | $42.35M | $35.14M | $44.85M | $39.01M |
| Total Current Assets | $1.34B | $1.45B | $1.65B | $1.46B | $1.81B | $1.88B |
| Property Plant & Equipment | $26.15M | $27.41M | $28.09M | $28.17M | $28.19M | $27.82M |
| Goodwill | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M |
| Intangible Assets | $75.25M | $65.59M | $68.19M | $72.77M | $73.41M | $74.82M |
| Other Non-current Assets | $132.68M | $143.10M | $161.73M | $151.14M | $153.91M | $152.53M |
| Total Assets | $1.60B | $1.71B | $1.93B | $1.73B | $2.09B | $2.16B |
| Total Current Liabilities | $1.24B | $1.25B | $1.37B | $1.15B | $1.41B | $1.39B |
| Long-term Debt | - | - | - | $34.90M | $34.88M | $27.36M |
| Other Non-current Liabilities | $50.29M | $54.88M | $57.91M | $76.12M | $72.50M | $72.78M |
| Total Liabilities | $1.29B | $1.30B | $1.43B | $1.26B | $1.52B | $1.49B |
| Common Stock | $4.15M | $4.14M | $4.13M | $4.12M | $4.12M | $4.11M |
| Retained Earnings | $-1.79B | $-1.68B | $-1.57B | $-1.59B | $-1.48B | $-1.36B |
| Total Stockholders Equity | $306.08M | $408.93M | $500.25M | $470.95M | $574.87M | $676.63M |
| Total Liabilities & Equity | $1.60B | $1.71B | $1.93B | $1.73B | $2.09B | $2.16B |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Net Income | $-110.21M | $-92.26M | $12.11M | $-105.79M | $-154.36M | $-30.68M |
| Depreciation & Amortization | $21.62M | $14.20M | $6.88M | $6.49M | $17.97M | $11.75M |
| Stock-based Compensation | $39.60M | $32.10M | $16.72M | $2.28M | $48.38M | $35.12M |
| Change in Working Capital | $-106.80M | $-14.08M | $38.79M | - | $-24.82M | $67.31M |
| Operating Cash Flow | $-85.23M | $-67.07M | $-31.99M | $16.42M | $-74.20M | $-66.49M |
| Capital Expenditure | $10.27M | $7.10M | $3.85M | $3.27M | $9.98M | $6.45M |
| Acquisitions | - | - | - | - | - | - |
| Purchases of Investments | $60.15M | $60.15M | $47.52M | - | $12.01M | $12.01M |
| Investing Cash Flow | $66.03M | $47.37M | $-23.09M | $23.67M | $116.22M | $69.66M |
| Debt Repayment | - | - | - | - | $3.75M | $2.50M |
| Stock Issued | - | - | $-161.00K | $-22.00K | $1.19M | $1.34M |
| Stock Repurchased | - | - | - | - | - | - |
| Financing Cash Flow | $-2.98M | $-2.74M | $-161.00K | $-22.00K | $-2.56M | $-1.16M |
| Net Change in Cash | $-22.18M | $-22.44M | $-55.24M | $40.07M | $39.46M | $2.01M |
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 | $1.44B | $1.45B | $4.36B | $4.54B |
| Operating Expenses | $1.57B | $1.58B | $4.63B | $4.72B |
| Operating Income | $-131.27M | $-133.51M | $-269.41M | $-184.03M |
| Interest Expense | $1.84M | $1.62M | $4.92M | $4.60M |
| Other Income/Expense | $9.44M | $16.06M | $26.58M | $26.79M |
| Income Before Tax | $-110.54M | $-117.02M | $-216.54M | $-144.15M |
| Income Tax Expense | $-331.00K | $-590.00K | $-73.00K | $-306.00K |
| Net Income | $-110.21M | $-117.61M | $-202.47M | $-154.36M |
| Basic Shares Outstanding | $414.46M | $411.59M | $413.75M | $410.60M |
| Diluted Shares Outstanding | $414.46M | $411.59M | $413.75M | $410.60M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $171.68M | $188.23M |
| Accounts Receivable | $947.16M | $1.02B |
| Other Current Assets | $80.02M | $35.14M |
| Total Current Assets | $1.34B | $1.46B |
| Property Plant & Equipment | $26.15M | $28.17M |
| Goodwill | $24.13M | $24.13M |
| Intangible Assets | $75.25M | $72.77M |
| Other Non-current Assets | $132.68M | $151.14M |
| Total Assets | $1.60B | $1.73B |
| Total Current Liabilities | $1.24B | $1.15B |
| Long-term Debt | - | $34.90M |
| Other Non-current Liabilities | $50.29M | $76.12M |
| Total Liabilities | $1.29B | $1.26B |
| Common Stock | $4.15M | $4.12M |
| Retained Earnings | $-1.79B | $-1.59B |
| Total Stockholders Equity | $306.08M | $470.95M |
| Total Liabilities & Equity | $1.60B | $1.73B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-110.21M | $-117.61M | $-202.47M | $-154.36M |
| Depreciation & Amortization | $7.43M | $6.22M | $21.62M | $17.97M |
| Stock-based Compensation | - | - | $39.60M | $48.38M |
| Change in Working Capital | - | - | $-106.80M | $-24.82M |
| Operating Cash Flow | - | - | $-85.23M | $-74.20M |
| Capital Expenditure | - | - | $10.27M | $9.98M |
| Purchases of Investments | - | - | $60.15M | $12.01M |
| Investing Cash Flow | - | - | $66.03M | $116.22M |
| Debt Repayment | - | - | - | $3.75M |
| Financing Cash Flow | - | - | $-2.98M | $-2.56M |
| Net Change in Cash | - | - | $-22.18M | $39.46M |
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.