$5.74B
Revenue
$-100.00M
Net Income
19.70%
Gross Margin
-1.38%
Op. Margin
$-33.00M
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 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $1.47B | $1.42B | $1.42B | $1.43B | $1.67B | $1.04B | $930.00M |
| Revenue Growth % (YoY) | -11.9% | 36.6% | 52.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.20B | $1.14B | $1.12B | $1.15B | $1.36B | $809.00M | $700.00M |
| Gross Profit | $266.00M | $284.00M | $301.00M | $280.00M | $310.00M | $231.00M | $230.00M |
| Gross Margin % | 18.1% | 20.0% | 21.2% | 19.5% | 18.6% | 22.2% | 24.7% |
| Selling General & Admin | $200.00M | $208.00M | $214.00M | $210.00M | $218.00M | $149.00M | $154.00M |
| Operating Income | $-42.00M | $-7.00M | - | $-30.00M | $-24.00M | $-20.00M | - |
| Operating Margin % | -2.9% | -0.5% | 0.0% | -2.1% | -1.4% | -1.9% | 0.0% |
| Other Income/Expense | - | $1.00M | $-2.00M | - | $-2.00M | $-216.00M | - |
| Income Before Tax | $-51.00M | $-15.00M | $-10.00M | $-39.00M | $-33.00M | $-242.00M | $-8.00M |
| Income Tax Expense | $-5.00M | $-1.00M | $-1.00M | $-8.00M | $-8.00M | $1.00M | $-1.00M |
| Net Income | $-46.00M | $-14.00M | $-9.00M | $-31.00M | $-25.00M | $-243.00M | $-7.00M |
| Net Margin % | -3.1% | -1.0% | -0.6% | -2.2% | -1.5% | -23.4% | -0.8% |
| Basic EPS | -0.27 | -0.08 | -0.05 | -0.18 | -0.02 | -1.81 | -0.06 |
| Diluted EPS | -0.27 | -0.08 | -0.05 | -0.18 | -0.02 | -1.81 | -0.06 |
| Basic Shares Outstanding | - | 168.6M | 168.5M | 168.0M | 10.4M | 134.1M | 117.6M |
| Diluted Shares Outstanding | - | 168.6M | 168.5M | 168.0M | 10.4M | 134.1M | 117.6M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $17.00M | $25.00M | $18.00M | $16.00M | $35.00M | $55.00M | $7.00M |
| Accounts Receivable | $1.23B | $1.10B | $1.06B | $1.15B | $1.23B | $1.14B | $725.00M |
| Other Current Assets | $74.00M | $72.00M | $101.00M | $89.00M | $77.00M | $62.00M | $44.00M |
| Total Current Assets | $1.32B | $1.20B | $1.18B | $1.25B | $1.34B | $1.25B | $776.00M |
| Property Plant & Equipment | $134.00M | - | - | - | $135.00M | - | - |
| Goodwill | $1.11B | $1.12B | $1.12B | $1.12B | $1.12B | $1.03B | $630.00M |
| Intangible Assets | $453.00M | $463.00M | $474.00M | $484.00M | $499.00M | $565.00M | $62.00M |
| Other Non-current Assets | $24.00M | $23.00M | $31.00M | $42.00M | $42.00M | $37.00M | $17.00M |
| Total Assets | $3.28B | $3.20B | $3.20B | $3.30B | $3.41B | $3.39B | $1.81B |
| Accounts Payable | $539.00M | $481.00M | $461.00M | $498.00M | $568.00M | $572.00M | $382.00M |
| Short-term Debt | $17.00M | $16.00M | $16.00M | $17.00M | $17.00M | $15.00M | $16.00M |
| Accrued Liabilities | $397.00M | $321.00M | $315.00M | $358.00M | $373.00M | $262.00M | $197.00M |
| Other Current Liabilities | $10.00M | $12.00M | $13.00M | $11.00M | $26.00M | $23.00M | $13.00M |
| Total Current Liabilities | $1.04B | $907.00M | $880.00M | $964.00M | $1.06B | $947.00M | $662.00M |
| Long-term Debt | $387.00M | $387.00M | $387.00M | $387.00M | $351.00M | $352.00M | $370.00M |
| Deferred Tax Liabilities | $51.00M | $54.00M | $75.00M | $77.00M | $88.00M | $115.00M | - |
| Other Non-current Liabilities | $69.00M | $71.00M | $70.00M | $88.00M | $83.00M | $65.00M | $42.00M |
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $1.00M |
| Retained Earnings | $-384.00M | $-338.00M | $-324.00M | $-315.00M | $-284.00M | $-259.00M | $-16.00M |
| Total Stockholders Equity | $1.54B | $1.58B | $1.59B | $1.59B | $1.61B | $1.65B | $579.00M |
| Total Liabilities & Equity | $3.28B | $3.20B | $3.20B | $3.30B | $3.41B | $3.39B | $1.81B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $-46.00M | $-14.00M | $-9.00M | $-31.00M | $-25.00M | $-243.00M | $-22.00M |
| Depreciation & Amortization | $28.00M | $26.00M | $62.00M | $32.00M | $33.00M | $21.00M | $17.00M |
| Stock-based Compensation | $7.00M | $22.00M | $14.00M | $7.00M | $6.00M | $17.00M | $11.00M |
| Deferred Income Tax | $-6.00M | $-15.00M | $-13.00M | $-11.00M | $-7.00M | $-12.00M | $-9.00M |
| Change in Receivables | $125.00M | $-120.00M | $-159.00M | $-76.00M | $101.00M | $8.00M | $-13.00M |
| Change in Payables | $58.00M | $-74.00M | $-93.00M | $-56.00M | $-18.00M | $-47.00M | $-27.00M |
| Operating Cash Flow | $7.00M | $44.00M | $21.00M | $-2.00M | $-7.00M | $-5.00M | $2.00M |
| Capital Expenditure | $16.00M | $43.00M | $29.00M | $15.00M | $12.00M | $33.00M | $22.00M |
| Acquisitions | - | $10.00M | $10.00M | $10.00M | - | $1.02B | - |
| Investing Cash Flow | $-15.00M | $-56.00M | $-43.00M | $-25.00M | $-12.00M | $-1.05B | $-22.00M |
| Stock Issued | - | $-1.00M | $-1.00M | - | - | $-30.00M | - |
| Stock Repurchased | - | - | - | - | - | - | - |
| Financing Cash Flow | - | $1.00M | $4.00M | $7.00M | $1.00M | $1.11B | $22.00M |
| Net Change in Cash | $-8.00M | $-9.00M | $-16.00M | $-19.00M | $-20.00M | $50.00M | $2.00M |
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 | $1.42B | $1.04B | $4.27B | $2.88B |
| Cost of Revenue | $1.14B | $809.00M | $3.41B | $2.21B |
| Selling General & Admin | $208.00M | $149.00M | $632.00M | $448.00M |
| Operating Income | $-7.00M | $-20.00M | $-37.00M | $-32.00M |
| Other Income/Expense | $1.00M | $-216.00M | $-1.00M | $-217.00M |
| Income Before Tax | $-15.00M | $-242.00M | $-64.00M | $-271.00M |
| Income Tax Expense | $-1.00M | $1.00M | $-10.00M | $-6.00M |
| Net Income | $-14.00M | $-243.00M | $-54.00M | $-265.00M |
| Basic EPS | -0.08 | -1.81 | -0.32 | -2.15 |
| Diluted EPS | -0.08 | -1.81 | -0.32 | -2.15 |
| Basic Shares Outstanding | $168.58M | $134.09M | $168.38M | $123.00M |
| Diluted Shares Outstanding | $168.58M | $134.09M | $168.38M | $123.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $25.00M | $35.00M |
| Accounts Receivable | $1.10B | $1.23B |
| Other Current Assets | $72.00M | $77.00M |
| Total Current Assets | $1.20B | $1.34B |
| Goodwill | $1.12B | $1.12B |
| Intangible Assets | $463.00M | $499.00M |
| Other Non-current Assets | $23.00M | $42.00M |
| Total Assets | $3.20B | $3.41B |
| Accounts Payable | $481.00M | $568.00M |
| Short-term Debt | $16.00M | $17.00M |
| Accrued Liabilities | $321.00M | $373.00M |
| Other Current Liabilities | $12.00M | $26.00M |
| Total Current Liabilities | $907.00M | $1.06B |
| Long-term Debt | $387.00M | $351.00M |
| Deferred Tax Liabilities | $54.00M | $88.00M |
| Other Non-current Liabilities | $71.00M | $83.00M |
| Common Stock | $2.00M | $2.00M |
| Retained Earnings | $-338.00M | $-284.00M |
| Total Stockholders Equity | $1.58B | $1.61B |
| Total Liabilities & Equity | $3.20B | $3.41B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-14.00M | $-243.00M | $-54.00M | $-265.00M |
| Depreciation & Amortization | $26.00M | $21.00M | $88.00M | $54.00M |
| Stock-based Compensation | - | - | $22.00M | $17.00M |
| Deferred Income Tax | - | - | $-15.00M | $-12.00M |
| Change in Receivables | - | - | $-120.00M | $8.00M |
| Change in Payables | - | - | $-74.00M | $-47.00M |
| Operating Cash Flow | - | - | $44.00M | $-5.00M |
| Capital Expenditure | - | - | $43.00M | $33.00M |
| Acquisitions | - | - | $10.00M | $1.02B |
| Investing Cash Flow | - | - | $-56.00M | $-1.05B |
| Stock Issued | - | - | $-1.00M | $-30.00M |
| Financing Cash Flow | - | - | $1.00M | $1.11B |
| Net Change in Cash | - | - | $-9.00M | $50.00M |
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.