| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.8B | — | — | — | — |
| Op. Income | $374M | — | — | — | — |
| Gross Margin | 4.3% | — | — | — | — |
| Net Margin | 0.4% | — | — | — | — |
| EPS (Diluted) | $0.49 | — | — | — | — |
| Free Cash Flow | $799M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $23.8B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $637M |
| Other Expenses | $0 |
| Operating Expenses | $637M |
| Cost & Expenses | $23.4B |
| OPERATING INCOME | $374M |
| Interest Income | $40M |
| Interest Expense | $216M |
| Other Income/Expenses | -$288M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $226M |
| EBIT | $302M |
| EBITDA | $528M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23.8B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $637M |
| Other Expenses | $0 |
| Operating Expenses | $637M |
| Cost & Expenses | $23.4B |
| OPERATING INCOME | $374M |
| Interest Income | $40M |
| Interest Expense | $216M |
| Other Income/Expenses | -$288M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $226M |
| EBIT | $302M |
| EBITDA | $528M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | $322M |
| Change in Working Capital | $894M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$538M |
| Acquisitions (Net) | -$108M |
| Purchases of Investments | -$612M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $267M |
| Net Debt Issuance | -$2.9B |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$135M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $799M |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $208M |
| Net Receivables | $3.9B |
| Inventory | $13.2B |
| Other Current Assets | $6.0B |
| TOTAL CURRENT ASSETS | $24.4B |
| PP&E (Net) | $13.9B |
| Goodwill | $3.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $44.5B |
| Account Payables | $4.9B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $954M |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $17.4B |
| TOTAL STOCKHOLDERS' EQUITY | $17.4B |
| Minority Interest | $53M |
| TOTAL EQUITY | $17.4B |
| TOTAL LIABILITIES & EQUITY | $44.5B |
| Total Debt | $17.0B |
| Net Debt | $15.8B |
