$3.29B
Revenue
$-133.00M
Net Income
11.02%
Gross Margin
1.24%
Op. Margin
$-9.00M
Free Cash Flow
| Breakdown | Q1 2026 (Dec 27, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $792.00M | $839.00M | $839.00M | $824.00M | $702.00M | $332.10M | $329.44M | $327.26M | $320.38M | $329.92M | $357.00M | $378.21M |
| Revenue Growth % (YoY) | 12.8% | nan% | 152.6% | 150.1% | 114.5% | 0.7% | -7.7% | -13.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $695.00M | $751.00M | $749.00M | $736.00M | $631.00M | $296.62M | $292.66M | $292.75M | $289.51M | $285.43M | $338.87M | $341.99M |
| Gross Profit | - | - | - | - | - | $35.48M | $36.79M | $34.51M | $30.87M | $44.49M | $18.13M | $36.21M |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | 10.7% | 11.2% | 10.5% | 9.6% | 13.5% | 5.1% | 9.6% |
| Operating Expenses | $699.00M | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Admin | $50.00M | $49.00M | $50.00M | $47.00M | $44.00M | $32.51M | $29.42M | $36.06M | $25.64M | $24.71M | $28.64M | $30.75M |
| Operating Income | $14.00M | $10.00M | $13.00M | $4.00M | $-22.00M | $2.97M | $7.29M | $-1.54M | $4.43M | $2.65M | $-10.48M | $6.11M |
| Operating Margin % | 1.8% | 1.2% | 1.5% | 0.5% | -3.1% | 0.9% | 2.2% | -0.5% | 1.4% | 0.8% | -2.9% | 1.6% |
| Interest Expense | $40.00M | $39.00M | $37.00M | $39.00M | $26.00M | $44.48M | $33.11M | $17.68M | $17.50M | $17.39M | $17.26M | $12.59M |
| Interest Income | - | - | - | - | - | $237.00K | $273.00K | $261.00K | $327.00K | $329.00K | $559.00K | $271.00K |
| Other Income/Expense | $-3.00M | $-4.00M | - | $-5.00M | $-21.00M | $-3.32M | $-2.51M | $-2.03M | $-2.28M | $-1.95M | $-3.04M | $-3.28M |
| Income Before Tax | $-29.00M | $-33.00M | $-24.00M | $-40.00M | $-69.00M | $-18.51M | $-12.84M | $-21.00M | $-15.02M | $-16.35M | $-30.23M | $-9.49M |
| Income Tax Expense | $5.00M | $7.00M | $-6.00M | $1.00M | $-9.00M | $1.49M | $2.95M | $5.15M | $-6.41M | $3.33M | $6.40M | $3.69M |
| Net Income | $-34.00M | $-40.00M | $-18.00M | $-41.00M | $-60.00M | $-15.25M | $-16.28M | $-26.35M | $-8.67M | $-19.86M | $-36.94M | $-13.58M |
| Net Margin % | -4.3% | -4.8% | -2.1% | -5.0% | -8.5% | -4.6% | -4.9% | -8.1% | -2.7% | -6.0% | -10.3% | -3.6% |
| Basic EPS | -0.95 | -1.12 | -0.51 | -1.15 | -1.69 | -0.33 | -0.37 | -0.58 | -0.19 | -0.43 | -0.83 | -0.30 |
| Diluted EPS | -0.95 | -1.12 | -0.51 | -1.15 | -1.69 | -0.33 | -0.37 | -0.58 | -0.19 | -0.43 | -0.83 | -0.30 |
| Basic Shares Outstanding | 35.7M | - | - | - | - | 45.4M | 45.3M | 45.2M | 25K | 45.1M | 45.0M | 45.0M |
| Diluted Shares Outstanding | 35.7M | - | - | - | - | 45.4M | 45.3M | 45.2M | 25K | 45.1M | 45.0M | 45.0M |
| Breakdown | Q1 2026 (Dec 27, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $264.00M | $305.00M | $276.00M | $282.00M | $215.00M | $41.63M | $33.93M | $30.18M | $50.27M | $52.74M | $53.86M | $88.64M |
| Accounts Receivable | $553.00M | $522.00M | $517.00M | $492.00M | $475.00M | $172.85M | $177.98M | $180.54M | $170.97M | $168.42M | $189.63M | $196.90M |
| Inventory | - | $474.00M | - | - | - | $313.19M | $305.12M | $299.66M | $298.25M | $301.86M | $314.67M | $321.43M |
| Other Current Assets | $72.00M | $122.00M | $156.00M | $146.00M | $140.00M | $58.39M | $69.21M | $73.92M | $86.48M | $71.86M | $56.33M | $72.26M |
| Total Current Assets | $1.36B | $1.42B | $1.48B | $1.43B | $1.34B | $586.06M | $586.24M | $584.31M | $605.97M | $594.88M | $614.49M | $679.22M |
| Property Plant & Equipment | - | - | - | - | - | $649.22M | $638.54M | $648.94M | $662.92M | $654.92M | $670.35M | $676.36M |
| Goodwill | - | - | - | - | - | $108.64M | $105.45M | $106.14M | $107.69M | $104.73M | $106.50M | $106.55M |
| Intangible Assets | - | - | - | - | - | $98.86M | $96.29M | $98.66M | $106.33M | $102.23M | $106.04M | $107.32M |
| Other Non-current Assets | $135.00M | $138.00M | $153.00M | $153.00M | $173.00M | $78.84M | $78.50M | $79.19M | $80.89M | $76.16M | $79.18M | $82.02M |
| Total Assets | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B | $1.51B | $1.52B | $1.56B | $1.53B | $1.58B | $1.65B |
| Accounts Payable | $326.00M | $356.00M | $393.00M | $379.00M | $333.00M | $151.53M | $156.46M | $134.24M | $158.46M | $156.87M | $161.15M | $196.43M |
| Short-term Debt | - | - | - | - | - | $7.61M | $8.45M | $7.45M | $6.15M | $5.55M | $7.24M | $8.21M |
| Accrued Liabilities | - | - | $183.00M | $209.00M | $205.00M | - | - | - | - | - | - | - |
| Other Current Liabilities | $150.00M | $155.00M | - | - | - | $102.96M | $100.12M | $110.59M | $112.76M | $89.24M | $89.54M | $97.19M |
| Total Current Liabilities | $556.00M | $601.00M | $584.00M | $596.00M | $546.00M | $262.80M | $265.33M | $252.58M | $280.37M | $255.59M | $262.89M | $307.88M |
| Long-term Debt | $1.93B | $1.95B | $1.99B | $1.99B | $1.99B | $879.98M | $861.88M | $868.20M | $853.16M | $847.86M | $853.02M | $852.09M |
| Deferred Tax Liabilities | $48.00M | $46.00M | $73.00M | $101.00M | $110.00M | $49.89M | $50.57M | $51.40M | $52.22M | $52.92M | $56.62M | $54.97M |
| Other Non-current Liabilities | $276.00M | $281.00M | $285.00M | $226.00M | $186.00M | $122.25M | $121.73M | $121.73M | $121.19M | $122.84M | $125.19M | $123.94M |
| Total Liabilities | $2.85B | $2.92B | $2.98B | $2.97B | $2.89B | $1.31B | $1.30B | $1.29B | $1.31B | $1.28B | $1.30B | $1.34B |
| Common Stock | $1.00M | $1.00M | - | - | - | $544.00K | $544.00K | $544.00K | $544.00K | $544.00K | $544.00K | $544.00K |
| Retained Earnings | $-193.00M | $-159.00M | $-119.00M | $-101.00M | $-60.00M | $361.94M | $377.18M | $393.46M | $419.81M | $428.48M | $448.34M | $485.28M |
| Total Stockholders Equity | $1.04B | $1.06B | $1.13B | $1.09B | $1.11B | $206.70M | $205.52M | $223.32M | $256.85M | $253.70M | $278.84M | $312.59M |
| Total Liabilities & Equity | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B | $1.51B | $1.52B | $1.56B | $1.53B | $1.58B | $1.65B |
| Breakdown | Q1 2026 (Dec 27, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-34.00M | $-40.00M | $-119.00M | $-41.00M | $-60.00M | $-57.87M | $-42.63M | $-26.35M | $-8.67M | $-70.39M | $-50.52M | $-13.58M |
| Depreciation & Amortization | $49.00M | - | - | - | - | $47.12M | $31.30M | $15.75M | $15.85M | $15.69M | $31.70M | $15.73M |
| Stock-based Compensation | $5.00M | $4.00M | $15.00M | $10.00M | $6.00M | $2.55M | $1.47M | $671.00K | $592.00K | $2.21M | $1.31M | $931.00K |
| Deferred Income Tax | $1.00M | $-34.00M | $7.00M | $10.00M | $8.00M | $-2.17M | $-394.00K | $-275.00K | $-10.10M | $-2.07M | $959.00K | $-675.00K |
| Change in Receivables | - | - | - | - | - | $-1.34M | $7.38M | $10.07M | $-3.03M | $-18.61M | $-4.18M | $2.31M |
| Change in Inventory | - | - | - | - | - | $10.48M | $12.30M | $5.08M | $-8.46M | $-1.14M | $1.66M | $8.83M |
| Change in Payables | - | - | - | - | - | $-9.02M | $1.69M | $-21.24M | $-2.64M | $-60.04M | $-58.13M | $-23.14M |
| Operating Cash Flow | $2.00M | $96.00M | $7.00M | $7.00M | $-58.00M | - | - | - | - | - | $-53.02M | $-30.63M |
| Capital Expenditure | $15.00M | $15.00M | $52.00M | $39.00M | $16.00M | $21.70M | $13.17M | $7.48M | $8.54M | $25.23M | $17.46M | $9.50M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-15.00M | $-15.00M | $7.00M | $20.00M | $21.00M | $-20.78M | $-13.15M | $-7.48M | $-8.41M | - | $-16.72M | $-8.79M |
| Debt Repayment | $27.00M | $50.00M | $434.00M | $432.00M | $430.00M | $988.00K | $988.00K | $988.00K | $991.00K | $227.42M | $226.45M | $225.47M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-27.00M | $-49.00M | $28.00M | $32.00M | $33.00M | $17.77M | $16.94M | $20.84M | $-11.94M | - | $10.52M | $15.18M |
| Net Change in Cash | $-41.00M | $29.00M | $46.00M | $52.00M | $-15.00M | $-11.22M | $-18.07M | $-21.01M | $-2.83M | $-59.80M | $-58.13M | $-22.97M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 27, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 27, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $792.00M | $702.00M |
| Cost of Revenue | $695.00M | $631.00M |
| Operating Expenses | $699.00M | $618.00M |
| Selling General & Admin | $50.00M | $47.00M |
| Operating Income | $14.00M | $-22.00M |
| Interest Expense | $40.00M | $26.00M |
| Other Income/Expense | $-3.00M | $-21.00M |
| Income Before Tax | $-29.00M | $-69.00M |
| Income Tax Expense | $5.00M | $-9.00M |
| Net Income | $-34.00M | $-60.00M |
| Basic EPS | -0.95 | -1.69 |
| Diluted EPS | -0.95 | -1.69 |
Condensed Consolidated Balance Sheets
| Description | Dec 27, 2025 | Sep 27, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $264.00M | $305.00M |
| Accounts Receivable | $553.00M | $522.00M |
| Other Current Assets | $72.00M | $122.00M |
| Total Current Assets | $1.36B | $1.42B |
| Other Non-current Assets | $135.00M | $138.00M |
| Total Assets | $3.89B | $3.99B |
| Accounts Payable | $326.00M | $356.00M |
| Other Current Liabilities | $150.00M | $155.00M |
| Total Current Liabilities | $556.00M | $601.00M |
| Long-term Debt | $1.93B | $1.95B |
| Deferred Tax Liabilities | $48.00M | $46.00M |
| Other Non-current Liabilities | $276.00M | $281.00M |
| Total Liabilities | $2.85B | $2.92B |
| Common Stock | $1.00M | $1.00M |
| Retained Earnings | $-193.00M | $-159.00M |
| Total Stockholders Equity | $1.04B | $1.06B |
| Total Liabilities & Equity | $3.89B | $3.99B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 27, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-34.00M | $-60.00M |
| Depreciation & Amortization | $49.00M | $53.00M |
| Stock-based Compensation | $5.00M | $6.00M |
| Deferred Income Tax | $1.00M | $8.00M |
| Operating Cash Flow | $2.00M | $-58.00M |
| Capital Expenditure | $15.00M | $16.00M |
| Investing Cash Flow | $-15.00M | $21.00M |
| Debt Repayment | $27.00M | $430.00M |
| Financing Cash Flow | $-27.00M | $33.00M |
| Net Change in Cash | $-41.00M | $-15.00M |
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.