| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.4B | — | $13.1B | — | -5.4% |
| Op. Income | -$184M | — | $460M | — | -140.0% |
| Gross Margin | 24.3% | — | 48.9% | — | -24.6pp |
| Net Margin | -14.0% | — | -0.4% | — | -13.6pp |
| EPS (Diluted) | $-1.75 | — | $-0.06 | — | -3041.8% |
| Free Cash Flow | $371M | — | $1.1B | — | -66.3% |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $9.4B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $12.6B |
| OPERATING INCOME | -$184M |
| Interest Income | $0 |
| Interest Expense | $1.3B |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | -$2.7B |
| Income Tax Expense | -$977M |
| Net Income from Continuing Ops | -$1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.7B |
| D&A | $2.7B |
| EBIT | -$1.4B |
| EBITDA | $1.3B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.7B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$705M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | $2.8B |
| OPERATING CASH FLOW | $4.7B |
| Capital Expenditure | -$4.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | -$4.3B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $371M |
| Net Change in Cash | -$886M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $5.6B |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $19.6B |
| Goodwill | $6.9B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.5B |
| TOTAL NON-CURRENT ASSETS | $26.4B |
| TOTAL ASSETS | $34.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $354M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $390M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $17.4B |
| Deferred Revenue NC | $6.4B |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $31.1B |
| TOTAL LIABILITIES | $35.5B |
| Common Stock | $19.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$19.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$601M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $34.3B |
| Total Debt | $17.7B |
| Net Debt | $16.7B |
