| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | — | $3.5B | — | 12.5% |
| Op. Income | $705M | — | -$417M | — | 269.1% |
| Gross Margin | 22.7% | — | 38.3% | — | -15.6pp |
| Net Margin | -73.5% | — | -14.5% | — | -59.0pp |
| EPS (Diluted) | $-3.04 | — | $-0.60 | — | -406.7% |
| Free Cash Flow | $626M | — | $193M | — | 224.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $900M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $195M |
| SG&A Expenses | $195M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $705M |
| Interest Income | $40M |
| Interest Expense | $555M |
| Other Income/Expenses | -$3.7B |
| INCOME BEFORE TAX | -$2.9B |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | -$2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.9B |
| D&A | $659M |
| EBIT | -$2.4B |
| EBITDA | -$1.7B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2.9B |
| Depreciation & Amortization | $659M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$111M |
| Other Non-Cash Items | $3.2B |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $749M |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | $84M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$660M |
| FREE CASH FLOW | $626M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $997M |
| Short-Term Investments | $0 |
| Net Receivables | $540M |
| Inventory | $378M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $12.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $61M |
| Other Non-Current Assets | $923M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $242M |
| Short-Term Debt | $445M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $627M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $404M |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $110M |
| Additional Paid-In Capital | $15.6B |
| Retained Earnings | -$7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $5.7B |
| Net Debt | $4.7B |
