| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | — | $3.9B | — | 0.3% |
| Op. Income | $282M | — | -$763M | — | 136.9% |
| Gross Margin | 48.9% | — | 58.8% | — | -9.8pp |
| Net Margin | -12.2% | — | -26.2% | — | 14.0pp |
| EPS (Diluted) | $-3.05 | — | $-6.68 | — | 54.3% |
| Free Cash Flow | $11M | — | -$26M | — | 141.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | -$78M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $282M |
| Interest Income | $0 |
| Interest Expense | $403M |
| Other Income/Expenses | -$755M |
| INCOME BEFORE TAX | -$474M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$473M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$473M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$473M |
| D&A | $360M |
| EBIT | $282M |
| EBITDA | $642M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$472M |
| Depreciation & Amortization | $360M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $154M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270.9K |
| Short-Term Investments | $0 |
| Net Receivables | $959M |
| Inventory | $0 |
| Other Current Assets | -$958M |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $398.2K |
| Goodwill | $1.1B |
| Intangible Assets | $601M |
| Long-Term Investments | $182M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.9B |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $5M |
| Account Payables | $271M |
| Short-Term Debt | $73M |
| Deferred Revenue | $190M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $967M |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $561M |
| Other Non-Current Liabilities | $245M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$4.8B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.8B |
| Minority Interest | $5M |
| TOTAL EQUITY | -$1.8B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $5.8B |
| Net Debt | $5.8B |
