| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | — | $2.1B | — | 93.8% |
| Op. Income | -$216M | — | $265M | — | -181.4% |
| Gross Margin | -0.0% | — | 76.8% | — | -76.9pp |
| Net Margin | -3.7% | — | 13.3% | — | -17.0pp |
| EPS (Diluted) | $-2.98 | — | $9.65 | — | -130.9% |
| Free Cash Flow | $21M | — | $298M | — | -92.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | $0 |
| Operating Expenses | $215M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | -$216M |
| Interest Income | $26M |
| Interest Expense | $40M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$234M |
| Income Tax Expense | -$80M |
| Net Income from Continuing Ops | -$153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$153M |
| D&A | $621M |
| EBIT | -$216M |
| EBITDA | $405M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$153M |
| Depreciation & Amortization | $621M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$285M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $325M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$224M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432M |
| Short-Term Investments | $0 |
| Net Receivables | $349M |
| Inventory | $0 |
| Other Current Assets | $559M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $403M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $838M |
| TOTAL CURRENT LIABILITIES | $838M |
| Long-Term Debt | $354M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.7B |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $354M |
| Net Debt | -$78M |
