| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | — | $11.9B | — | 5.1% |
| Op. Income | $17M | — | -$461M | — | 103.7% |
| Gross Margin | 30.2% | — | 30.2% | — | 0.1pp |
| Net Margin | -2.5% | — | -4.2% | — | 1.6pp |
| EPS (Diluted) | $-2.42 | — | $-4.00 | — | 39.5% |
| Free Cash Flow | $464M | — | $83M | — | 459.0% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $2.3B |
| SG&A Expenses | $3.4B |
| Other Expenses | $330M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$323M |
| INCOME BEFORE TAX | -$306M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$313M |
| D&A | $305M |
| EBIT | -$223M |
| EBITDA | $82M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$313M |
| Depreciation & Amortization | $305M |
| Stock-Based Compensation | $335M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $256M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $534M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$115M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | -$219M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $464M |
| Net Change in Cash | $156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $66M |
| Net Receivables | $132M |
| Inventory | $71M |
| Other Current Assets | $256M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $927M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $2.1B |
| TOTAL STOCKHOLDERS' EQUITY | -$2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.8B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $4.1B |
| Net Debt | $2.6B |
