$3.10B
Revenue
$-85.00M
Net Income
24.59%
Gross Margin
12.67%
Op. Margin
$584.00M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $3.10B | $3.10B | $3.64B | $3.28B | $3.68B | $2.41B |
| Revenue Growth % | 0.0% | -15.1% | 11.1% | -10.7% | 52.3% | nan% |
| Cost of Revenue | $2.33B | $2.33B | $2.40B | $2.38B | $2.25B | $1.61B |
| Gross Profit | $761.00M | $761.00M | $1.24B | $898.00M | $1.43B | $803.00M |
| Gross Margin % | 24.6% | 24.6% | 34.1% | 27.4% | 38.8% | 33.3% |
| Operating Expenses | $2.70B | $2.70B | $2.79B | $2.90B | $2.69B | $2.03B |
| Operating Income | $392.00M | $392.00M | $851.00M | $383.00M | $990.00M | $381.00M |
| Operating Margin % | 12.7% | 12.7% | 23.4% | 11.7% | 26.9% | 15.8% |
| Interest Expense | $474.00M | $474.00M | $485.00M | $440.00M | $354.00M | $205.00M |
| Other Income/Expense | $-1.00M | $-1.00M | $117.00M | $7.00M | $-4.00M | $-8.00M |
| Income Before Tax | $-113.00M | $-113.00M | $492.00M | $-82.00M | $614.00M | $168.00M |
| Income Tax Expense | $-28.00M | $-28.00M | $117.00M | $-6.00M | $159.00M | $78.00M |
| Net Income | $-85.00M | $-85.00M | $375.00M | $-76.00M | $455.00M | $90.00M |
| Net Margin % | -2.7% | -2.7% | 10.3% | -2.3% | 12.4% | 3.7% |
| Basic EPS | -1.40 | -1.41 | 3.40 | -1.39 | 4.38 | 0.40 |
| Diluted EPS | -1.40 | -1.41 | 3.36 | -1.39 | 4.33 | 0.40 |
| Basic Shares Outstanding | - | 97.0M | 95.0M | 92.0M | 92.0M | 95.0M |
| Diluted Shares Outstanding | - | 97.0M | 96.0M | 92.0M | 93.0M | 95.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $368.00M | $135.00M | $21.00M | $61.00M | $189.00M |
| Accounts Receivable | $205.00M | $337.00M | $342.00M | $650.00M | $624.00M |
| Other Current Assets | $25.00M | $21.00M | $48.00M | $54.00M | $54.00M |
| Total Current Assets | $656.00M | $541.00M | $468.00M | $857.00M | $963.00M |
| Property Plant & Equipment | $1.51B | $1.58B | $1.60B | $1.47B | $1.17B |
| Goodwill | $2.64B | $2.64B | $2.64B | $2.66B | $2.65B |
| Intangible Assets | $157.00M | $290.00M | $415.00M | $636.00M | $825.00M |
| Other Non-current Assets | $43.00M | $27.00M | $16.00M | $14.00M | $16.00M |
| Total Assets | $10.44B | $10.54B | $10.64B | $11.15B | $11.11B |
| Accounts Payable | $144.00M | $75.00M | $23.00M | $55.00M | $59.00M |
| Accrued Liabilities | $47.00M | $53.00M | $41.00M | $50.00M | $44.00M |
| Deferred Revenue | $20.00M | $29.00M | $39.00M | $24.00M | $14.00M |
| Total Current Liabilities | $516.00M | $527.00M | $395.00M | $409.00M | $384.00M |
| Long-term Debt | $5.70B | $5.50B | $6.14B | $6.44B | $6.74B |
| Deferred Tax Liabilities | - | $1.35B | $1.36B | $1.45B | $1.47B |
| Other Non-current Liabilities | $18.00M | $71.00M | $50.00M | $14.00M | $14.00M |
| Total Liabilities | $7.63B | $7.61B | $8.02B | $8.39B | $8.70B |
| Retained Earnings | $1.21B | $1.38B | $1.08B | $1.24B | $869.00M |
| Treasury Stock | - | - | - | - | $223.00M |
| Total Stockholders Equity | $2.15B | $2.28B | $1.97B | $2.12B | $1.76B |
| Total Liabilities & Equity | $10.44B | $10.54B | $10.64B | $11.15B | $11.11B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-94.00M | $-85.00M | $375.00M | $-76.00M | $455.00M | $90.00M |
| Depreciation & Amortization | - | $237.00M | $269.00M | $339.00M | - | - |
| Stock-based Compensation | $41.00M | $22.00M | $22.00M | $20.00M | $22.00M | $14.00M |
| Deferred Income Tax | $-107.00M | $-56.00M | $-9.00M | $-91.00M | $-20.00M | $-22.00M |
| Change in Receivables | $-391.00M | $-132.00M | $-5.00M | $-308.00M | $26.00M | $30.00M |
| Change in Payables | $-8.00M | $-10.00M | $52.00M | $-32.00M | $-5.00M | $22.00M |
| Operating Cash Flow | $584.00M | $289.00M | $751.00M | $648.00M | $829.00M | $300.00M |
| Capital Expenditure | - | $108.00M | $143.00M | $348.00M | $436.00M | $207.00M |
| Acquisitions | - | - | $1.00M | $6.00M | $58.00M | $3.77B |
| Purchases of Investments | $24.00M | $8.00M | $7.00M | $14.00M | $16.00M | $49.00M |
| Investing Cash Flow | $-92.00M | $-63.00M | $-28.00M | $-291.00M | $-503.00M | $-3.53B |
| Debt Repayment | $2.30B | $1.99B | $2.54B | $610.00M | $315.00M | - |
| Stock Repurchased | - | - | - | - | $50.00M | $30.00M |
| Dividends Paid | $57.00M | $33.00M | $32.00M | $30.00M | $30.00M | $31.00M |
| Financing Cash Flow | $-120.00M | $7.00M | $-609.00M | $-397.00M | $-454.00M | $2.65B |
| Net Change in Cash | $372.00M | $233.00M | $114.00M | $-40.00M | $-128.00M | $-584.00M |
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 | $749.00M | - | $2.30B | - |
| Operating Expenses | $647.00M | - | $2.03B | - |
| Operating Income | $102.00M | - | $276.00M | - |
| Interest Expense | $120.00M | - | $355.00M | - |
| Other Income/Expense | $-3.00M | - | $-2.00M | - |
| Income Before Tax | $-28.00M | - | $-87.00M | - |
| Income Tax Expense | $-18.00M | - | $-12.00M | - |
| Net Income | $-10.00M | $22.00M | $-75.00M | - |
| Basic EPS | -0.24 | - | -1.19 | - |
| Diluted EPS | -0.24 | - | -1.19 | - |
| Basic Shares Outstanding | $97.00M | - | $96.00M | - |
| Diluted Shares Outstanding | $97.00M | - | $96.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $182.00M | $135.00M |
| Accounts Receivable | $204.00M | $337.00M |
| Other Current Assets | $28.00M | $21.00M |
| Total Current Assets | $485.00M | $541.00M |
| Property Plant & Equipment | $1.53B | $1.58B |
| Goodwill | $2.64B | $2.64B |
| Intangible Assets | $180.00M | $290.00M |
| Other Non-current Assets | $27.00M | $27.00M |
| Total Assets | $10.32B | $10.54B |
| Accounts Payable | $18.00M | $75.00M |
| Accrued Liabilities | $110.00M | $53.00M |
| Deferred Revenue | $28.00M | $29.00M |
| Total Current Liabilities | $519.00M | $527.00M |
| Long-term Debt | $5.61B | $5.60B |
| Other Non-current Liabilities | $15.00M | $72.00M |
| Total Liabilities | $7.51B | $7.61B |
| Retained Earnings | $1.24B | $1.38B |
| Total Stockholders Equity | $2.16B | $2.28B |
| Total Liabilities & Equity | $10.32B | $10.54B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.00M | $22.00M | $-75.00M | - |
| Stock-based Compensation | - | - | $17.00M | - |
| Deferred Income Tax | - | - | $-37.00M | - |
| Change in Receivables | - | - | $-133.00M | - |
| Change in Payables | - | - | $-58.00M | - |
| Operating Cash Flow | - | - | $177.00M | - |
| Capital Expenditure | - | - | $65.00M | - |
| Purchases of Investments | - | - | $8.00M | - |
| Investing Cash Flow | - | - | $-34.00M | - |
| Debt Repayment | - | - | $1.86B | - |
| Dividends Paid | - | - | $24.00M | - |
| Financing Cash Flow | - | - | $-96.00M | - |
| Net Change in Cash | - | - | $47.00M | - |
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.