$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $792.00M | $839.00M | $839.00M | $824.00M | $702.00M | $332.10M |
| Revenue Growth % (YoY) | 12.8% | nan% | 152.6% | nan% | nan% | nan% |
| Cost of Revenue | $695.00M | $751.00M | $749.00M | $736.00M | $631.00M | $296.62M |
| Gross Profit | - | - | - | - | - | $35.48M |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | 10.7% |
| Operating Expenses | $699.00M | - | - | - | - | - |
| Selling General & Admin | $50.00M | $49.00M | $50.00M | $47.00M | $44.00M | $32.51M |
| Operating Income | $14.00M | $10.00M | $13.00M | $4.00M | $-22.00M | $2.97M |
| Operating Margin % | 1.8% | 1.2% | 1.5% | 0.5% | -3.1% | 0.9% |
| Interest Expense | $40.00M | $39.00M | $37.00M | $39.00M | $26.00M | $44.48M |
| Interest Income | - | - | - | - | - | $237.00K |
| Other Income/Expense | $-3.00M | $-4.00M | - | $-5.00M | $-21.00M | $-3.32M |
| Income Before Tax | $-29.00M | $-33.00M | $-24.00M | $-40.00M | $-69.00M | $-18.51M |
| Income Tax Expense | $5.00M | $7.00M | $-6.00M | $1.00M | $-9.00M | $1.49M |
| Net Income | $-34.00M | $-40.00M | $-18.00M | $-41.00M | $-60.00M | $-15.25M |
| Net Margin % | -4.3% | -4.8% | -2.1% | -5.0% | -8.5% | -4.6% |
| Basic EPS | -0.95 | -1.12 | -0.51 | -1.15 | -1.69 | -0.33 |
| Diluted EPS | -0.95 | -1.12 | -0.51 | -1.15 | -1.69 | -0.33 |
| Basic Shares Outstanding | 35.7M | - | - | - | - | 45.4M |
| Diluted Shares Outstanding | 35.7M | - | - | - | - | 45.4M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $264.00M | $305.00M | $276.00M | $282.00M | $215.00M | $41.63M |
| Accounts Receivable | $553.00M | $522.00M | $517.00M | $492.00M | $475.00M | $172.85M |
| Inventory | - | $474.00M | - | - | - | $313.19M |
| Other Current Assets | $72.00M | $122.00M | $156.00M | $146.00M | $140.00M | $58.39M |
| Total Current Assets | $1.36B | $1.42B | $1.48B | $1.43B | $1.34B | $586.06M |
| Property Plant & Equipment | - | - | - | - | - | $649.22M |
| Goodwill | - | - | - | - | - | $108.64M |
| Intangible Assets | - | - | - | - | - | $98.86M |
| Other Non-current Assets | $135.00M | $138.00M | $153.00M | $153.00M | $173.00M | $78.84M |
| Total Assets | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B |
| Accounts Payable | $326.00M | $356.00M | $393.00M | $379.00M | $333.00M | $151.53M |
| Short-term Debt | - | - | - | - | - | $7.61M |
| Accrued Liabilities | - | - | $183.00M | $209.00M | $205.00M | - |
| Other Current Liabilities | $150.00M | $155.00M | - | - | - | $102.96M |
| Total Current Liabilities | $556.00M | $601.00M | $584.00M | $596.00M | $546.00M | $262.80M |
| Long-term Debt | $1.93B | $1.95B | $1.99B | $1.99B | $1.99B | $879.98M |
| Deferred Tax Liabilities | $48.00M | $46.00M | $73.00M | $101.00M | $110.00M | $49.89M |
| Other Non-current Liabilities | $276.00M | $281.00M | $285.00M | $226.00M | $186.00M | $122.25M |
| Total Liabilities | $2.85B | $2.92B | $2.98B | $2.97B | $2.89B | $1.31B |
| Common Stock | $1.00M | $1.00M | - | - | - | $544.00K |
| Retained Earnings | $-193.00M | $-159.00M | $-119.00M | $-101.00M | $-60.00M | $361.94M |
| Total Stockholders Equity | $1.04B | $1.06B | $1.13B | $1.09B | $1.11B | $206.70M |
| Total Liabilities & Equity | $3.89B | $3.99B | $4.11B | $4.06B | $3.99B | $1.52B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-34.00M | $-40.00M | $-119.00M | $-41.00M | $-60.00M | $-57.87M |
| Depreciation & Amortization | $49.00M | - | - | - | - | $47.12M |
| Stock-based Compensation | $5.00M | $4.00M | $15.00M | $10.00M | $6.00M | $2.55M |
| Deferred Income Tax | $1.00M | $-34.00M | $7.00M | $10.00M | $8.00M | $-2.17M |
| Change in Receivables | - | - | - | - | - | $-1.34M |
| Change in Inventory | - | - | - | - | - | $10.48M |
| Change in Payables | - | - | - | - | - | $-9.02M |
| Operating Cash Flow | $2.00M | $96.00M | $7.00M | $7.00M | $-58.00M | - |
| Capital Expenditure | $15.00M | $15.00M | $52.00M | $39.00M | $16.00M | $21.70M |
| Investing Cash Flow | $-15.00M | $-15.00M | $7.00M | $20.00M | $21.00M | $-20.78M |
| Debt Repayment | $27.00M | $50.00M | $434.00M | $432.00M | $430.00M | $988.00K |
| Financing Cash Flow | $-27.00M | $-49.00M | $28.00M | $32.00M | $33.00M | $17.77M |
| Net Change in Cash | $-41.00M | $29.00M | $46.00M | $52.00M | $-15.00M | $-11.22M |
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.