$12.40B
Revenue
$-1.74B
Net Income
46.48%
Gross Margin
-6.55%
Op. Margin
$658.00M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $12.40B | $12.40B | $13.11B | $14.56B | $17.48B | $19.69B |
| Revenue Growth % | 0.0% | -5.4% | -10.0% | -16.7% | -11.2% | nan% |
| Cost of Revenue | $6.64B | $6.64B | $6.70B | $7.14B | $7.87B | $8.49B |
| Gross Profit | $5.76B | $5.76B | $6.41B | $7.41B | $9.61B | $11.20B |
| Gross Margin % | 46.5% | 46.5% | 48.9% | 50.9% | 55.0% | 56.9% |
| Operating Expenses | $13.21B | $13.21B | $12.65B | $24.14B | $17.38B | $15.40B |
| Selling General & Admin | $3.20B | $3.20B | $2.97B | $3.20B | $3.08B | $2.90B |
| Operating Income | $-812.00M | $-812.00M | $460.00M | $-9.58B | $95.00M | $4.29B |
| Operating Margin % | -6.5% | -6.5% | 3.5% | -65.8% | 0.5% | 21.8% |
| Interest Expense | $2.22B | $1.28B | $1.37B | $1.16B | $1.33B | $1.52B |
| Other Income/Expense | $120.00M | $120.00M | $334.00M | $-113.00M | $246.00M | $-62.00M |
| Income Before Tax | $-2.72B | $-2.72B | $-230.00M | $-10.24B | $-991.00M | $2.70B |
| Income Tax Expense | $-977.00M | $-977.00M | $-175.00M | $61.00M | $557.00M | $668.00M |
| Net Income | $-1.74B | $-1.74B | $-55.00M | $-10.30B | $-1.55B | $2.03B |
| Net Margin % | -14.0% | -14.0% | -0.4% | -70.7% | -8.9% | 10.3% |
| Basic EPS | nan | -1.75 | -0.06 | -10.48 | -1.54 | 1.92 |
| Diluted EPS | nan | -1.75 | -0.06 | -10.48 | -1.54 | 1.91 |
| Basic Shares Outstanding | 611K | 994.5M | 987.7M | 983.1M | 1.01B | 1.06B |
| Diluted Shares Outstanding | 611K | 994.5M | 987.7M | 983.1M | 1.01B | 1.07B |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.00B | $1.89B | $2.23B | $1.25B | $354.00M |
| Accounts Receivable | $1.31B | $1.23B | $1.32B | $1.48B | $1.54B |
| Other Current Assets | $1.31B | $1.27B | $1.12B | $803.00M | $829.00M |
| Total Current Assets | $7.91B | $4.39B | $4.78B | $5.42B | $11.54B |
| Property Plant & Equipment | - | $20.42B | $19.76B | $19.17B | $20.89B |
| Goodwill | - | $1.96B | $1.96B | $12.66B | $15.99B |
| Intangible Assets | $4.46B | $4.81B | $5.47B | $6.17B | $6.97B |
| Other Non-current Assets | $2.40B | $1.91B | $2.05B | $2.17B | $2.61B |
| Total Assets | $34.34B | $33.50B | $34.02B | $45.58B | $57.99B |
| Accounts Payable | $1.51B | $749.00M | $1.13B | $950.00M | $758.00M |
| Deferred Revenue | $1.00B | $861.00M | $647.00M | $596.00M | $617.00M |
| Other Current Liabilities | $203.00M | $179.00M | $209.00M | $277.00M | $232.00M |
| Total Current Liabilities | $4.39B | $3.64B | $3.53B | $4.80B | $7.17B |
| Long-term Debt | $17.35B | $17.49B | $19.83B | $20.42B | $27.43B |
| Deferred Tax Liabilities | $2.27B | $2.89B | $3.13B | $3.16B | $4.05B |
| Other Non-current Liabilities | $2.94B | $3.07B | $2.65B | $4.37B | $3.80B |
| Common Stock | $19.18B | $19.15B | $1.01B | $1.00B | $1.02B |
| Retained Earnings | $-19.70B | $-17.96B | $-17.91B | $-7.55B | $-6.00B |
| Total Stockholders Equity | $-1.12B | $464.00M | $417.00M | $10.44B | $11.84B |
| Total Liabilities & Equity | $34.34B | $33.50B | $34.02B | $45.58B | $57.99B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-1.94B | $-1.74B | $-55.00M | $-10.30B | $-1.55B | $2.03B |
| Depreciation & Amortization | $4.86B | $2.75B | $2.96B | $2.98B | $3.24B | $4.02B |
| Stock-based Compensation | $80.00M | $48.00M | $29.00M | $52.00M | $98.00M | $120.00M |
| Deferred Income Tax | $-1.28B | $-705.00M | $-209.00M | $8.00M | $-1.23B | $598.00M |
| Change in Receivables | $210.00M | $168.00M | $-19.00M | $-102.00M | $158.00M | $8.00M |
| Change in Payables | $905.00M | $632.00M | $-202.00M | $-97.00M | $98.00M | $-261.00M |
| Operating Cash Flow | $7.50B | $4.74B | $4.33B | $2.16B | $4.74B | $6.50B |
| Capital Expenditure | $6.84B | $4.37B | $3.23B | $3.10B | $3.02B | $2.90B |
| Investing Cash Flow | $-6.72B | $-4.30B | $-2.83B | $-1.20B | $5.48B | $-2.71B |
| Debt Repayment | $15.60B | $8.82B | $2.68B | $185.00M | $8.09B | $3.60B |
| Stock Repurchased | - | - | - | - | $200.00M | $1.00B |
| Dividends Paid | - | $1.00M | $3.00M | $11.00M | $780.00M | $1.09B |
| Financing Cash Flow | $-1.98B | $-1.32B | $-1.85B | $-18.00M | $-9.31B | $-3.81B |
| Net Change in Cash | $-1.20B | $-886.00M | $-348.00M | $941.00M | $898.00M | $-18.00M |
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 | $3.09B | $3.22B | $9.36B | $9.78B |
| Cost of Revenue | $1.70B | $1.69B | $5.01B | $5.00B |
| Operating Expenses | $3.20B | $3.10B | $9.97B | $9.47B |
| Selling General & Admin | $829.00M | $696.00M | $2.26B | $2.26B |
| Operating Income | $-116.00M | $126.00M | $-612.00M | $306.00M |
| Interest Expense | $319.00M | $351.00M | $984.00M | $877.00M |
| Other Income/Expense | $17.00M | $54.00M | $75.00M | $321.00M |
| Income Before Tax | $-813.00M | $-172.00M | $-2.21B | $-111.00M |
| Income Tax Expense | $-192.00M | $-24.00M | $-470.00M | $29.00M |
| Net Income | $-621.00M | $-148.00M | $-1.74B | $-140.00M |
| Basic EPS | -0.62 | -0.15 | -1.75 | -0.14 |
| Diluted EPS | -0.62 | -0.15 | -1.75 | -0.14 |
| Basic Shares Outstanding | $996.00M | $988.79M | $993.94M | $986.96M |
| Diluted Shares Outstanding | $996.00M | $988.79M | $993.94M | $986.96M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.40B | $1.89B |
| Accounts Receivable | $1.26B | $1.23B |
| Other Current Assets | $1.26B | $1.25B |
| Total Current Assets | $8.71B | $4.39B |
| Property Plant & Equipment | $19.11B | $20.42B |
| Goodwill | - | $1.96B |
| Intangible Assets | $4.41B | $4.81B |
| Other Non-current Assets | $2.06B | $1.91B |
| Total Assets | $34.29B | $33.50B |
| Accounts Payable | $1.09B | $749.00M |
| Deferred Revenue | $1.00B | $861.00M |
| Other Current Liabilities | $224.00M | $179.00M |
| Total Current Liabilities | $3.93B | $3.64B |
| Long-term Debt | $17.58B | $17.49B |
| Deferred Tax Liabilities | $2.31B | $2.89B |
| Other Non-current Liabilities | $3.29B | $3.07B |
| Common Stock | $19.17B | $19.15B |
| Retained Earnings | $-19.70B | $-17.96B |
| Total Stockholders Equity | $-1.17B | $464.00M |
| Total Liabilities & Equity | $34.29B | $33.50B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-621.00M | $-148.00M | $-1.74B | $-140.00M |
| Depreciation & Amortization | $674.00M | $707.00M | $2.08B | $2.20B |
| Stock-based Compensation | - | - | $35.00M | $21.00M |
| Deferred Income Tax | - | - | $-597.00M | $-6.00M |
| Change in Receivables | - | - | $92.00M | $-39.00M |
| Change in Payables | - | - | $262.00M | $-212.00M |
| Operating Cash Flow | - | - | $4.18B | $3.65B |
| Capital Expenditure | - | - | $2.72B | $2.32B |
| Investing Cash Flow | - | - | $-2.67B | $-2.00B |
| Debt Repayment | - | - | $7.26B | $2.07B |
| Financing Cash Flow | - | - | $-995.00M | $-1.24B |
| Net Change in Cash | - | - | $512.00M | $405.00M |
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.