$1.18B
Revenue
$142.98M
Net Income
69.70%
Gross Margin
20.84%
Op. Margin
$922.13M
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 | $387.54M | $272.56M | $288.52M | $226.77M | $234.94M | $255.54M | $239.99M |
| Revenue Growth % (YoY) | 65.0% | 6.7% | 20.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $108.71M | $86.65M | $82.52M | $78.24M | $176.43M | $32.03M | $32.23M |
| Gross Profit | $278.83M | $185.92M | $206.00M | $148.53M | $58.52M | $223.51M | $207.76M |
| Gross Margin % | 71.9% | 68.2% | 71.4% | 65.5% | 24.9% | 87.5% | 86.6% |
| Operating Expenses | $286.36M | $291.76M | $177.22M | $175.10M | $176.41M | $160.80M | $169.51M |
| Operating Income | $101.18M | $-19.20M | $111.30M | $51.67M | $58.53M | $94.73M | $70.48M |
| Operating Margin % | 26.1% | -7.0% | 38.6% | 22.8% | 24.9% | 37.1% | 29.4% |
| Interest Expense | $15.61M | $16.92M | $12.14M | $17.89M | $17.83M | $26.77M | $27.05M |
| Other Income/Expense | $-2.82M | $465.00K | $-9.50M | $648.00K | $2.48M | $-518.00K | $-3.92M |
| Net Income | $73.09M | $-35.65M | $89.66M | $15.89M | $36.52M | $67.44M | $39.52M |
| Net Margin % | 18.9% | -13.1% | 31.1% | 7.0% | 15.5% | 26.4% | 16.5% |
| Basic EPS | nan | -0.28 | 0.76 | 0.14 | 0.35 | 0.70 | 0.42 |
| Diluted EPS | nan | -0.28 | 0.76 | 0.14 | 0.35 | 0.70 | 0.42 |
| Basic Shares Outstanding | 12.4M | 126.5M | 118.3M | 112.1M | 2.0M | 96.9M | 95.0M |
| Diluted Shares Outstanding | 12.4M | 126.5M | 118.4M | 112.2M | 1.9M | 97.0M | 95.2M |
| 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 | $42.63M | $53.60M | $13.78M | $7.79M | $105.78M | $184.53M | $144.62M |
| Inventory | $43.51M | $49.36M | $25.84M | $25.09M | $24.30M | $26.31M | $27.50M |
| Other Current Assets | $18.89M | $25.04M | $6.15M | $6.13M | $6.40M | $6.08M | $7.37M |
| Total Current Assets | $377.95M | $375.09M | $209.18M | $195.67M | $322.10M | $380.46M | $335.06M |
| Property Plant & Equipment | $194.75M | $209.62M | $96.77M | $90.41M | $91.77M | $92.39M | $92.17M |
| Other Non-current Assets | $34.00M | $39.39M | $30.36M | $27.25M | $9.49M | $15.18M | $5.89M |
| Total Assets | $3.78B | $3.77B | $2.33B | $2.24B | $2.34B | $2.33B | $2.24B |
| Accrued Liabilities | $115.56M | $120.99M | $64.09M | $52.09M | $53.50M | $49.82M | $53.23M |
| Total Current Liabilities | $359.92M | $375.07M | $266.34M | $281.85M | $352.42M | $306.15M | $319.67M |
| Long-term Debt | $1.14B | $1.14B | $565.00M | $460.00M | $668.78M | $687.67M | $706.91M |
| Other Non-current Liabilities | $6.48M | $14.95M | $2.10M | $2.26M | $1.94M | $2.20M | $1.13M |
| Total Liabilities & Equity | $3.78B | $3.77B | $2.33B | $2.24B | $2.34B | $2.33B | $2.24B |
| 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 | $73.09M | $-35.65M | $89.66M | $15.89M | $36.52M | $148.66M | $81.22M |
| Depreciation & Amortization | $96.50M | $196.26M | $130.68M | $63.59M | $69.86M | $201.11M | $135.53M |
| Stock-based Compensation | $3.04M | $6.35M | $4.21M | $2.11M | $1.78M | $4.75M | $3.48M |
| Change in Receivables | $42.56M | $-34.66M | $-28.68M | $-8.00M | $39.68M | $7.19M | $24.38M |
| Operating Cash Flow | $128.75M | $378.21M | $272.66M | $142.52M | $133.66M | $371.63M | $260.78M |
| Investing Cash Flow | $-90.80M | $-808.37M | $-212.39M | $-78.01M | $-127.04M | $-179.28M | $-85.26M |
| Debt Repayment | - | $763.12M | $763.12M | $763.12M | $20.62M | $41.25M | $20.62M |
| Financing Cash Flow | $-48.92M | $377.98M | $-152.27M | $-162.50M | $-85.38M | $-160.62M | $-183.69M |
| Net Change in Cash | $-10.97M | $-52.18M | $-92.00M | $-97.99M | $-78.76M | $31.74M | $-8.17M |
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 | $272.56M | - | $787.85M | - |
| Operating Expenses | $291.76M | - | $644.08M | - |
| Operating Income | $-19.20M | - | $143.77M | - |
| Interest Expense | $16.92M | - | $46.95M | - |
| Other Income/Expense | $465.00K | - | $-8.38M | - |
| Net Income | $-35.65M | $39.52M | $69.89M | - |
| Basic EPS | -0.28 | - | 0.59 | - |
| Diluted EPS | -0.28 | - | 0.59 | - |
| Basic Shares Outstanding | $126.46M | - | $119.03M | - |
| Diluted Shares Outstanding | $126.46M | - | $119.14M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $53.60M | $105.78M |
| Inventory | $49.36M | $24.30M |
| Other Current Assets | $25.04M | $6.40M |
| Total Current Assets | $375.09M | $322.10M |
| Property Plant & Equipment | $209.62M | $91.77M |
| Other Non-current Assets | $39.39M | $9.49M |
| Total Assets | $3.77B | $2.34B |
| Accrued Liabilities | $120.99M | $52.92M |
| Total Current Liabilities | $375.07M | $352.42M |
| Long-term Debt | $1.14B | $668.78M |
| Other Non-current Liabilities | $14.95M | $1.94M |
| Total Liabilities & Equity | $3.77B | $2.34B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-35.65M | $39.52M | $69.89M | - |
| Depreciation & Amortization | - | - | $196.26M | - |
| Stock-based Compensation | - | - | $6.35M | - |
| Change in Receivables | - | - | $-34.66M | - |
| Operating Cash Flow | - | - | $378.21M | - |
| Investing Cash Flow | - | - | $-808.37M | - |
| Debt Repayment | - | - | $763.12M | - |
| Financing Cash Flow | - | - | $377.98M | - |
| Net Change in Cash | - | - | $-52.18M | - |
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.