$2.55B
Revenue
$-59.78M
Net Income
21.01%
Gross Margin
2.41%
Op. Margin
$218.93M
Free Cash Flow
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Total Revenue | $2.55B |
| Revenue Growth % | nan% |
| Cost of Revenue | $2.01B |
| Gross Profit | $535.92M |
| Gross Margin % | 21.0% |
| Selling General & Admin | $342.63M |
| Operating Income | $61.58M |
| Operating Margin % | 2.4% |
| Interest Expense | $96.88M |
| Interest Income | $4.49M |
| Other Income/Expense | $-6.48M |
| Income Before Tax | $-55.14M |
| Income Tax Expense | $22.16M |
| Net Income | $-59.78M |
| Net Margin % | -2.3% |
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Cash & Cash Equivalents | $230.17M |
| Accounts Receivable | $584.06M |
| Inventory | $11.30M |
| Other Current Assets | $36.18M |
| Total Current Assets | $1.11B |
| Goodwill | $764.34M |
| Intangible Assets | $551.42M |
| Other Non-current Assets | $43.82M |
| Total Assets | $2.68B |
| Accounts Payable | $246.16M |
| Accrued Liabilities | $16.48M |
| Deferred Revenue | $339.46M |
| Total Current Liabilities | $708.16M |
| Long-term Debt | $812.40M |
| Deferred Tax Liabilities | $46.71M |
| Other Non-current Liabilities | $12.12M |
| Total Liabilities | $1.89B |
| Retained Earnings | $-309.95M |
| Total Stockholders Equity | $392.20M |
| Total Liabilities & Equity | $2.68B |
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Net Income | $-59.78M |
| Depreciation & Amortization | $100.36M |
| Stock-based Compensation | $67.55M |
| Deferred Income Tax | $15.29M |
| Change in Receivables | $130.07M |
| Operating Cash Flow | $256.87M |
| Capital Expenditure | $37.94M |
| Acquisitions | $16.50M |
| Investing Cash Flow | $-54.05M |
| Financing Cash Flow | $-53.83M |
| Net Change in Cash | $149.00M |
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 | $708.01M | - | $1.81B | - |
| Cost of Revenue | $559.95M | - | $1.42B | - |
| Gross Profit | $148.06M | - | $388.44M | - |
| Selling General & Admin | $85.89M | - | $227.81M | - |
| Operating Income | $37.20M | - | $85.08M | - |
| Interest Expense | $28.18M | - | $88.23M | - |
| Interest Income | $1.07M | - | $2.59M | - |
| Other Income/Expense | $123.00K | - | $268.00K | - |
| Income Before Tax | $4.46M | - | $-8.97M | - |
| Income Tax Expense | $4.08M | - | $13.66M | - |
| Net Income | $-576.00K | $6.19M | $-27.06M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $176.03M | $81.17M |
| Accounts Receivable | $588.43M | $448.61M |
| Other Current Assets | $39.04M | $38.51M |
| Total Current Assets | $1.04B | $756.41M |
| Property Plant & Equipment | $81.09M | $73.38M |
| Goodwill | $782.93M | $781.19M |
| Intangible Assets | $562.36M | $624.25M |
| Other Non-current Assets | $29.61M | $26.34M |
| Total Assets | $2.60B | $2.35B |
| Accounts Payable | $224.26M | $126.50M |
| Accrued Liabilities | $25.66M | $28.49M |
| Deferred Revenue | $285.89M | $164.13M |
| Total Current Liabilities | $659.99M | $411.11M |
| Long-term Debt | $812.63M | $1.59B |
| Deferred Tax Liabilities | $41.54M | $35.43M |
| Other Non-current Liabilities | $17.59M | $35.86M |
| Total Liabilities | $1.77B | $2.15B |
| Retained Earnings | $-277.23M | $-250.17M |
| Total Stockholders Equity | $387.88M | - |
| Total Liabilities & Equity | $2.60B | $2.35B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-576.00K | $6.19M | $-27.06M | - |
| Depreciation & Amortization | $24.18M | - | $75.62M | - |
| Stock-based Compensation | - | - | $21.88M | - |
| Deferred Income Tax | - | - | $6.38M | - |
| Change in Receivables | - | - | $139.45M | - |
| Operating Cash Flow | - | - | $162.12M | - |
| Capital Expenditure | - | - | $24.73M | - |
| Acquisitions | - | - | $453.00K | - |
| Investing Cash Flow | - | - | $-24.96M | - |
| Financing Cash Flow | - | - | $-42.30M | - |
| Net Change in Cash | - | - | $94.87M | - |
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.