| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.5B | — | — | — | — |
| Op. Income | -$1.0B | — | — | — | — |
| Gross Margin | 11.7% | — | — | — | — |
| Net Margin | -2.4% | — | — | — | — |
| EPS (Diluted) | $-6.61 | — | — | — | — |
| Free Cash Flow | -$1.9B | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $32.5B |
| Cost of Revenue | $28.7B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.8B |
| Operating Expenses | $4.8B |
| Cost & Expenses | $33.5B |
| OPERATING INCOME | -$1.0B |
| Interest Income | $0 |
| Interest Expense | $146M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.0B |
| Income Tax Expense | -$249M |
| Net Income from Continuing Ops | -$776M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$796M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$796M |
| D&A | $194M |
| EBIT | -$879M |
| EBITDA | -$685M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$796M |
| Depreciation & Amortization | $194M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $312M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | -$1.7B |
| Capital Expenditure | -$202M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $910M |
| NET CASH FROM INVESTING | $632M |
| Net Debt Issuance | -$177M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $2.7B |
| Goodwill | $9.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $16.8B |
| Tax Assets | $84M |
| Other Non-Current Assets | $10.8B |
| TOTAL NON-CURRENT ASSETS | $41.3B |
| TOTAL ASSETS | $48.8B |
| Account Payables | $9.8B |
| Short-Term Debt | $150M |
| Deferred Revenue | $356M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $31.0B |
| Common Stock | $33M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $29.1B |
| Treasury Stock | -$14.4B |
| Accum. Other Comp. Income | -$633M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.7B |
| Minority Interest | $80M |
| TOTAL EQUITY | $17.7B |
| TOTAL LIABILITIES & EQUITY | $48.8B |
| Total Debt | $12.9B |
| Net Debt | $8.7B |
