| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | — | $187M | — | 167.7% |
| Op. Income | $17M | — | -$27M | — | 163.6% |
| Gross Margin | 68.3% | — | 53.5% | — | 14.8pp |
| Net Margin | 17.4% | — | -15.4% | — | 32.8pp |
| EPS (Diluted) | $0.39 | — | $-0.29 | — | 234.5% |
| Free Cash Flow | -$1.1B | — | -$427M | — | -163.8% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $124M |
| SG&A Expenses | $127M |
| Other Expenses | $197M |
| Operating Expenses | $325M |
| Cost & Expenses | $484M |
| OPERATING INCOME | $17M |
| Interest Income | $8M |
| Interest Expense | $11M |
| Other Income/Expenses | $76M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $181M |
| EBIT | $21M |
| EBITDA | $202M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $124M |
| SG&A Expenses | $127M |
| Other Expenses | $197M |
| Operating Expenses | $325M |
| Cost & Expenses | $484M |
| OPERATING INCOME | $17M |
| Interest Income | $8M |
| Interest Expense | $11M |
| Other Income/Expenses | $76M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $181M |
| EBIT | $21M |
| EBITDA | $202M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $470.0K |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $701M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | $160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $565M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $641M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $334M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $82M |
| Short-Term Debt | $0 |
| Deferred Revenue | $884.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $963M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $973M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2.4B |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $964M |
| Net Debt | $400M |
