| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.0B | $2.4B | 7.7% | 36.3% |
| Op. Income | -$133M | -$110M | -$227M | -21.4% | 41.4% |
| Gross Margin | 21.3% | 20.1% | 14.4% | 1.2pp | 6.9pp |
| Net Margin | 1.7% | -1.9% | -8.3% | 3.6pp | 10.0pp |
| EPS (Diluted) | $0.11 | $-0.06 | $-0.21 | 295.0% | 155.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $683M |
| R&D Expenses | $414M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $402M |
| Other Expenses | $0 |
| Operating Expenses | $817M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | -$133M |
| Interest Income | $38M |
| Interest Expense | $11M |
| Other Income/Expenses | $192M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $0 |
| EBIT | -$133M |
| EBITDA | -$133M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $2.2B |
| Net Receivables | $826M |
| Inventory | $1.5B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $2.5B |
| Goodwill | $622M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $2.6B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $214M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $963M |
| Deferred Revenue NC | $176M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $18.4K |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | -$6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $278M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $5.5B |
| Net Debt | $2.0B |
