$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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.44B | $1.39B | $1.53B | $1.52B | $1.45B | $1.48B | $1.60B | $815.50M | $1.22B | $1.15B | $1.14B | $689.77M | $694.86M | $670.13M | $653.45M | $462.89M | $458.61M | $498.96M | $413.10M |
| Revenue Growth % (YoY) | -1.1% | -5.9% | -4.5% | 86.7% | 19.4% | 29.0% | 41.2% | 18.2% | 75.0% | 71.5% | 73.9% | 49.0% | 51.5% | 34.3% | 58.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.94B | $1.87B | $1.87B | $2.04B | $1.95B | $1.88B | $1.95B | $1.23B | $1.46B | $1.36B | - | $643.98M | - | - | - | - | - | - | - |
| Gross Profit | $-502.78M | $-472.18M | $-337.37M | $-513.46M | $-501.17M | $-397.01M | $-349.11M | $-411.93M | $-243.92M | $-208.07M | - | $45.80M | - | - | - | - | - | - | - |
| Gross Margin % | -35.0% | -33.8% | -22.0% | -33.7% | -34.5% | -26.8% | -21.8% | -50.5% | -20.1% | -18.1% | nan% | 6.6% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $1.57B | $1.51B | $1.55B | $1.63B | $1.58B | $1.53B | $1.61B | $975.11M | $1.26B | $1.18B | $1.13B | $758.89M | $724.38M | $691.19M | $654.19M | $510.76M | $494.21M | $797.32M | $425.22M |
| Operating Income | $-131.27M | $-116.03M | $-22.11M | $-108.10M | $-133.51M | $-43.34M | $-7.18M | $-159.60M | $-48.97M | $-29.82M | $6.26M | $-69.12M | $-29.52M | $-21.05M | $-743.00K | $-47.87M | $-35.60M | $-298.36M | $-12.12M |
| Operating Margin % | -9.1% | -8.3% | -1.4% | -7.1% | -9.2% | -2.9% | -0.4% | -19.6% | -4.0% | -2.6% | 0.6% | -10.0% | -4.2% | -3.1% | -0.1% | -10.3% | -7.8% | -59.8% | -2.9% |
| Interest Expense | $1.84M | $1.57M | $1.51M | $-6.00K | $1.62M | $1.70M | $1.28M | $1.89M | $1.65M | $1.59M | $1.53M | $1.71M | $1.00M | $945.00K | $871.00K | $840.00K | $867.00K | $1.50M | $2.94M |
| Other Income/Expense | $9.44M | $7.88M | $9.26M | $7.70M | $16.06M | $4.84M | $5.89M | $6.84M | $5.69M | $15.69M | $9.47M | $14.88M | $574.00K | $7.00M | $2.27M | $-8.53M | $-269.00K | $2.97M | $1.34M |
| Income Before Tax | $-110.54M | $-104.31M | $-1.69M | $-104.67M | $-117.02M | $-30.25M | $3.11M | $-162.67M | $-30.27M | $-15.72M | $14.20M | $-55.94M | $-29.94M | $-20.46M | $655.00K | $-57.25M | $-36.74M | $-296.89M | $-13.72M |
| Income Tax Expense | $-331.00K | $62.00K | $196.00K | $1.76M | $-590.00K | $417.00K | $-133.00K | $267.00K | $1.21M | $1.07M | $-1.76M | $572.00K | $559.00K | $580.00K | $-71.00K | $179.00K | $256.00K | $435.00K | $16.00K |
| Net Income | $-110.21M | $-104.37M | $12.11M | $-105.79M | $-117.61M | $-30.68M | $-6.06M | $-230.43M | $-31.44M | $-16.75M | $16.02M | $-56.47M | $-30.67M | $-20.65M | $1.23M | $-56.72M | $-35.84M | $-298.85M | $-15.08M |
| Net Margin % | -7.7% | -7.5% | 0.8% | -6.9% | -8.1% | -2.1% | -0.4% | -28.3% | -2.6% | -1.5% | 1.4% | -8.2% | -4.4% | -3.1% | 0.2% | -12.3% | -7.8% | -59.9% | -3.6% |
| Basic Shares Outstanding | 414.5M | 413.8M | 412.9M | 362K | 411.6M | 411.3M | 408.9M | -3.2M | 405.8M | 410.3M | 413.1M | 1.3M | 411.1M | 407.3M | 402.0M | 7.9M | - | - | - |
| Diluted Shares Outstanding | 414.5M | 413.8M | 412.9M | 362K | 411.6M | 411.3M | 413.4M | -3.2M | 405.8M | 410.3M | 426.6M | 1.3M | 411.1M | 407.3M | 424.1M | 7.9M | - | - | - |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $171.68M | $171.42M | $136.94M | $188.23M | $148.16M | $109.49M | $111.71M | $107.57M | $168.34M | $190.98M | $394.19M | $497.07M | $551.29M | $668.57M | $1.02B | $1.04B | $1.08B | $1.11B | $105.29M |
| Short-term Investments | - | - | - | - | - | - | - | - | - | - | $422.49M | $411.90M | $407.99M | $285.59M | - | - | - | - | - |
| Accounts Receivable | $947.16M | $1.05B | $1.24B | $1.02B | $1.37B | $1.44B | $1.57B | $942.46M | $1.35B | $1.42B | $1.00B | $497.57M | $637.73M | $607.63M | $571.87M | $293.41M | $342.50M | $338.36M | $288.83M |
| Other Current Assets | $80.02M | $78.50M | $42.35M | $35.14M | $44.85M | $39.01M | $39.76M | $42.51M | $36.51M | $37.56M | $44.70M | $34.12M | $24.07M | $24.53M | $19.85M | $18.97M | $14.46M | $15.74M | $9.31M |
| Total Current Assets | $1.34B | $1.45B | $1.65B | $1.46B | $1.81B | $1.88B | $2.04B | $1.48B | $1.96B | $2.04B | $1.88B | $1.45B | $1.63B | $1.60B | $1.63B | $1.37B | $1.45B | $1.48B | $417.63M |
| Property Plant & Equipment | $26.15M | $27.41M | $28.09M | $28.17M | $28.19M | $27.82M | $27.54M | $27.58M | $26.20M | $24.41M | $22.13M | $20.05M | $17.94M | $15.81M | $12.53M | $9.16M | $6.46M | $4.59M | $4.80M |
| Goodwill | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M | $24.13M | $62.39M | $62.14M | $62.14M | $41.54M | $41.54M | $41.54M | $41.54M | $41.54M | $41.54M | $41.54M | $41.54M |
| Intangible Assets | $75.25M | $65.59M | $68.19M | $72.77M | $73.41M | $74.82M | $72.08M | $63.77M | $92.66M | $94.19M | $92.71M | $67.68M | $60.60M | $62.51M | $53.71M | $55.40M | $58.15M | $58.66M | $61.61M |
| Other Non-current Assets | $132.68M | $143.10M | $161.73M | $151.14M | $153.91M | $152.53M | $155.91M | $145.31M | $140.18M | $127.35M | $116.85M | $116.92M | $116.08M | $119.26M | $119.50M | $112.96M | $126.11M | $117.13M | $47.26M |
| Total Assets | $1.60B | $1.71B | $1.93B | $1.73B | $2.09B | $2.16B | $2.32B | $1.74B | $2.28B | $2.35B | $2.17B | $1.70B | $1.87B | $1.84B | $1.86B | $1.59B | $1.69B | $1.70B | $574.04M |
| Total Current Liabilities | $1.24B | $1.25B | $1.37B | $1.15B | $1.41B | $1.39B | $1.53B | $977.16M | $1.30B | $1.36B | $972.61M | $535.09M | $658.23M | $605.09M | $610.46M | $356.96M | $422.78M | $412.33M | $372.11M |
| Long-term Debt | - | - | - | $34.90M | $34.88M | $27.36M | $29.83M | $32.31M | $34.78M | $36.02M | $37.25M | $38.48M | $39.71M | $40.94M | $42.17M | $43.40M | $44.63M | $45.86M | $99.41M |
| Other Non-current Liabilities | $50.29M | $54.88M | $57.91M | $76.12M | $72.50M | $72.78M | $71.50M | $70.38M | $70.37M | $75.11M | $78.57M | $83.29M | $87.21M | $91.12M | $91.10M | $94.30M | $90.27M | $93.26M | $91.26M |
| Total Liabilities | $1.29B | $1.30B | $1.43B | $1.26B | $1.52B | $1.49B | $1.63B | $1.08B | $1.41B | $1.47B | $1.09B | $656.86M | $785.15M | $737.15M | $743.73M | $494.66M | $557.68M | $551.46M | $562.78M |
| Common Stock | $4.15M | $4.14M | $4.13M | $4.12M | $4.12M | $4.11M | $4.11M | $4.06M | $4.06M | $4.05M | $4.14M | $4.12M | $4.12M | $4.08M | $4.06M | $4.00M | $3.92M | $3.91M | $2.49M |
| Retained Earnings | $-1.79B | $-1.68B | $-1.57B | $-1.59B | $-1.48B | $-1.36B | $-1.33B | $-1.33B | $-1.10B | $-1.06B | $-1.05B | $-1.06B | $-1.01B | $-977.10M | $-956.45M | $-957.68M | $-900.96M | $-865.11M | $-566.27M |
| Total Stockholders Equity | $306.08M | $408.93M | $500.25M | $470.95M | $574.87M | $676.63M | $689.27M | $661.84M | $872.37M | $880.17M | $1.08B | $1.04B | $1.09B | $1.10B | $1.11B | $1.09B | $1.13B | $1.15B | $-298.17M |
| Total Liabilities & Equity | $1.60B | $1.71B | $1.93B | $1.73B | $2.09B | $2.16B | $2.32B | $1.74B | $2.28B | $2.35B | $2.17B | $1.70B | $1.87B | $1.84B | $1.86B | $1.59B | $1.69B | $1.70B | $574.04M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-110.21M | $-92.26M | $12.11M | $-105.79M | $-154.36M | $-30.68M | $-6.06M | $-230.43M | $-31.44M | $-16.75M | $16.02M | $-56.47M | $-50.09M | $-19.42M | $1.23M | $-56.72M | $-349.77M | $-298.85M | $-15.08M |
| Depreciation & Amortization | $21.62M | $14.20M | $6.88M | $6.49M | $17.97M | $11.75M | $5.84M | $5.15M | $15.01M | $9.70M | $4.19M | $3.91M | $9.87M | $6.42M | $3.37M | $3.64M | $11.03M | $7.09M | $3.48M |
| Stock-based Compensation | $39.60M | $32.10M | $16.72M | $2.28M | $48.38M | $35.12M | $16.91M | $15.52M | $53.98M | $33.24M | $13.67M | $9.95M | $18.43M | $10.52M | $3.97M | $4.41M | $287.98M | $276.02M | $1.47M |
| Change in Working Capital | $-106.80M | $-14.08M | $38.79M | - | $-24.82M | $67.31M | $63.34M | - | $105.69M | $111.96M | $91.47M | - | $59.62M | $76.57M | $30.25M | - | $47.62M | $-50.21M | $33.58M |
| Operating Cash Flow | $-85.23M | $-67.07M | $-31.99M | $16.42M | $-74.20M | $-66.49M | $-47.78M | $-61.17M | $-95.03M | $-82.02M | $-60.81M | $-49.96M | $-80.85M | $-83.50M | $-23.23M | $-48.90M | $-99.26M | $-80.12M | $-40.83M |
| Capital Expenditure | $10.27M | $7.10M | $3.85M | $3.27M | $9.98M | $6.45M | $3.14M | $3.93M | $11.90M | $7.81M | $3.72M | $3.49M | $11.94M | $8.50M | $4.05M | $3.40M | $3.16M | $646.00K | $178.00K |
| Acquisitions | - | - | - | - | - | - | - | $773.00K | $44.48M | $44.37M | - | - | - | - | - | - | - | - | - |
| Purchases of Investments | $60.15M | $60.15M | $47.52M | - | $12.01M | $12.01M | - | $7.64M | $107.02M | $65.57M | $29.97M | $35.08M | $423.18M | $285.08M | - | - | - | - | - |
| Investing Cash Flow | $66.03M | $47.37M | $-23.09M | $23.67M | $116.22M | $69.66M | $51.44M | $-2.20M | $-41.82M | $-30.78M | $-50.81M | $-7.97M | $-436.42M | $-305.48M | $-8.87M | $-2.60M | $-87.90M | $-76.34M | $-9.07M |
| Debt Repayment | - | - | - | - | $3.75M | $2.50M | $1.25M | $1.25M | $3.75M | $2.50M | $1.25M | $1.25M | $3.75M | $2.50M | $1.25M | $1.25M | $118.65M | $118.65M | $68.65M |
| Stock Issued | - | - | $-161.00K | $-22.00K | $1.19M | $1.34M | $1.81M | $405.00K | $11.46M | $8.80M | $9.59M | $2.38M | $30.68M | $20.32M | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - | - | $200.00M | $200.00M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-2.98M | $-2.74M | $-161.00K | $-22.00K | $-2.56M | $-1.16M | $559.00K | $-845.00K | $-192.29M | $-193.70M | $8.34M | $1.13M | $26.93M | $17.82M | $13.51M | $10.42M | $1.14B | $1.14B | $30.30M |
| Net Change in Cash | $-22.18M | $-22.44M | $-55.24M | $40.07M | $39.46M | $2.01M | $4.22M | $-64.21M | $-329.14M | $-306.50M | - | - | - | - | - | - | - | $986.62M | $-19.60M |
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.