| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | — | $1.9B | — | 167.9% |
| Op. Income | -$46M | — | $324M | — | -114.2% |
| Gross Margin | 71.7% | — | 74.2% | — | -2.6pp |
| Net Margin | -22.7% | — | -45.1% | — | 22.3pp |
| EPS (Diluted) | $-2.81 | — | $-2.33 | — | -20.6% |
| Free Cash Flow | -$7.3B | — | -$6.0B | — | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $144M |
| General & Administrative | $651M |
| SG&A Expenses | $795M |
| Other Expenses | $2.9B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | -$46M |
| Interest Income | $0 |
| Interest Expense | $1.2B |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$48M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $2.5B |
| EBIT | $14M |
| EBITDA | $2.5B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $630M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | $562M |
| Change in Working Capital | $632M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$10.3B |
| Acquisitions (Net) | -$108M |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $150M |
| NET CASH FROM INVESTING | -$10.3B |
| Net Debt Issuance | $8.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$264M |
| NET CASH FROM FINANCING | $9.3B |
| FREE CASH FLOW | -$7.3B |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $34M |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $339M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $38.8B |
| Goodwill | $1.1B |
| Intangible Assets | $235M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $41.8B |
| TOTAL ASSETS | $49.3B |
| Account Payables | $1.6B |
| Short-Term Debt | $7.2B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $16.4B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $115M |
| Other Non-Current Liabilities | $21.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.5B |
| TOTAL LIABILITIES | $46.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.3B |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $49.3B |
| Total Debt | $15.2B |
| Net Debt | $11.2B |
