| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | — | — | — | — |
| Op. Income | $710M | — | — | — | — |
| Gross Margin | 29.2% | — | — | — | — |
| Net Margin | 12.5% | — | — | — | — |
| EPS (Diluted) | $1.12 | — | — | — | — |
| Free Cash Flow | -$67M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $985M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $275M |
| Operating Expenses | $275M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $710M |
| Interest Income | $0 |
| Interest Expense | $331M |
| Other Income/Expenses | -$226M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $61M |
| NET INCOME | $421M |
| D&A | $571M |
| EBIT | $710M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $985M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $275M |
| Operating Expenses | $275M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $710M |
| Interest Income | $0 |
| Interest Expense | $331M |
| Other Income/Expenses | -$226M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $61M |
| NET INCOME | $421M |
| D&A | $571M |
| EBIT | $710M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $421M |
| Depreciation & Amortization | $571M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$346M |
| Change in Working Capital | $258M |
| OPERATING CASH FLOW | $916M |
| Capital Expenditure | -$983M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $260M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$277M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $492M |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $46.0B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $487M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.0B |
| TOTAL NON-CURRENT ASSETS | $58.7B |
| TOTAL ASSETS | $63.8B |
| Account Payables | $1.9B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $27.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.6B |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $39.6B |
| TOTAL LIABILITIES | $47.4B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$139M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.2B |
| Minority Interest | $156M |
| TOTAL EQUITY | $16.4B |
| TOTAL LIABILITIES & EQUITY | $63.8B |
| Total Debt | $30.3B |
| Net Debt | $30.1B |
