Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise21.5%
Next ReportNov 03, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 11, 2026
$0.07
$-0.06
214.9%
March 31, 2026
May 13, 2026
$-0.36
$-0.36
0.77%
Dec. 31, 2025
$-0.17
$-0.18
5.5%
Sept. 30, 2025
$-0.56
$-0.20
-183.3%
June 30, 2025
$-0.01
$-0.08
88.0%
March 31, 2025
$-0.58
$-0.60
3.0%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$4.85B
$4.64B
$4.81B
$3.91B
$2.53B
$1.24B
$5.47B
$5.46B
$5.08B
$3.24B
$2.95B
$2.70B
Cost of Revenue
·
·
·
·
·
·
·
·
·
$1.09B
·
·
SG&A Expense
·
·
·
·
·
·
$153M
$179M
$133M
·
·
·
Operating Expenses
$15M
$5M
$2M
$8M
$200.0K
$-9M
$15M
$24M
$21M
$20M
$17M
$22M
Operating Income
$-17M
$-79M
$-74M
$-522M
$-930M
$-4.10B
$136M
$265M
$102M
$214M
$237M
$175M
Interest Expense
·
$444M
$411M
$379M
$458M
$357M
$341M
$342M
$274M
$122M
$106M
$121M
Interest Income
$8M
$19M
$15M
$6M
·
·
·
·
·
·
·
·
Other Non-op
$-112M
$156M
$77M
$-55M
$88M
$-29M
$-13M
$108M
$2M
$-300.0K
$-11M
$8M
Pretax Income
$-628M
$-350M
$-393M
$-971M
$-1.28B
$-4.53B
$-172M
$124M
$-333M
$150M
$164M
$97M
Income Tax
$4M
$2M
$3M
$2M
$-10M
$60M
$-22M
$14M
$154M
$38M
$60M
$33M
Net Income
$-632M
$-353M
$-397M
$-974M
$-1.27B
$-4.59B
$-149M
$110M
$-487M
$112M
$104M
·
EPS (Basic)
$-1.34
$-1.06
$-2.37
$-9.29
$-13.29
$-19.58
$-1.44
$0.91
$-3.80
$1.13
$1.06
$0.66
EPS (Diluted)
$-1.34
$-1.06
$-2.37
$-9.29
$-13.29
$-19.58
$-1.44
$0.41
$-3.80
$1.13
$1.06
$0.66
Shares (Basic)
472,899,000
332,920,000
167,644,000
104,769,000
95,482,000
234,424,000
103,832,000
120,621,000
128,246,000
98,838,000
97,963,000
97,506,000
Shares (Diluted)
472,899,000
332,920,000
167,644,000
104,769,000
95,482,000
234,424,000
103,832,000
130,105,000
128,246,000
98,872,000
98,029,000
97,700,000
EBITDA
·
·
$291M
·
$-505M
$-3.60B
$586M
$803M
$640M
$481M
$470M
$391M
Balance Sheet28
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$428M
$632M
$884M
$632M
$1.59B
$308M
$265M
$313M
$310M
$207M
$211M
$218M
Receivables
$156M
$168M
$204M
$167M
$168M
$91M
$254M
$260M
$272M
$214M
$106M
$99M
Prepaid Expense
$43M
$36M
$32M
$29M
$35M
$34M
·
·
·
·
·
·
Other Current Assets
$97M
$98M
$88M
$81M
$82M
$75M
$143M
$198M
$203M
$169M
$98M
$84M
Current Assets
$730M
$947M
$1.20B
$902M
$1.87B
$487M
$673M
$781M
$872M
$684M
$414M
$402M
PP&E (Net)
$1.34B
$1.41B
$1.52B
$1.68B
$1.91B
$2.26B
$2.58B
$3.04B
$3.12B
$3.04B
$1.40B
$1.25B
PP&E (Gross)
$4.84B
$4.67B
$4.61B
$4.52B
$4.49B
$4.49B
$4.39B
·
·
·
·
·
Accum. Depreciation
$3.53B
$3.27B
$3.09B
$2.84B
$2.57B
$2.23B
$1.81B
·
·
·
·
·
Goodwill
$2.42B
$2.30B
$2.36B
$2.34B
$2.43B
$2.55B
$4.79B
$4.79B
$4.93B
$3.93B
$2.41B
$2.29B
Intangibles
$147M
$144M
$147M
$147M
$153M
$163M
$195M
$352M
$380M
$365M
$237M
$226M
Other Non-current Assets
$212M
$192M
$196M
$222M
$249M
$305M
$503M
$506M
$476M
$534M
$502M
$418M
Total Assets
$8.02B
$8.25B
$9.01B
$9.14B
$10.82B
$10.28B
$13.68B
$9.50B
$9.81B
$8.64B
$5.09B
$4.76B
Accounts Payable
$383M
$378M
$320M
$330M
$377M
$299M
$543M
$453M
$570M
$502M
$313M
$263M
Current Liabilities
$1.77B
$1.74B
$1.63B
$1.69B
$1.79B
$1.58B
$1.93B
$1.33B
$1.41B
$1.19B
$712M
$636M
Capital Leases
$3.48B
$3.63B
$4.00B
$4.25B
$4.65B
$4.96B
$4.91B
·
·
·
·
·
Deferred Tax
$36M
$34M
$32M
$32M
$31M
$40M
$46M
$42M
$50M
$21M
·
·
Other Non-current Liabilities
$95M
$82M
$103M
$105M
$165M
$241M
$196M
$963M
$904M
$706M
$463M
$420M
Total Liabilities
$9.91B
$10.01B
$10.86B
$11.76B
$12.61B
$13.13B
$12.46B
$8.10B
$7.69B
$6.63B
$3.55B
$3.25B
Long-term Debt
$4.02B
$4.13B
$4.50B
$4.95B
$5.17B
$5.41B
$4.91B
$4.87B
$4.31B
$3.83B
$1.94B
$1.79B
Total Debt
·
·
$4.58B
·
$5.43B
$5.72B
$4.75B
$4.72B
$4.24B
$3.76B
$1.93B
$1.78B
Common Stock
$5M
$4M
$3M
$500.0K
$5M
·
·
·
·
·
·
·
Paid-in Capital
$7.12B
$6.71B
$6.22B
$5.05B
$4.86B
·
·
·
·
·
·
·
Retained Earnings
$-8.98B
$-8.35B
$-7.99B
$-7.60B
$-6.62B
$-5.34B
$-706M
$-551M
$-208M
$384M
$353M
$327M
Treasury Stock
·
·
·
·
·
$56M
$56M
$56M
$48M
$700.0K
$680.0K
$680.0K
AOCI
$-42M
$-132M
$-78M
$-77M
$-28M
$39M
$-26M
$6M
$126M
$-2M
$3M
$13M
Stockholders' Equity
$-1.89B
$-1.76B
$-1.85B
$-2.62B
$-1.79B
$-2.86B
$1.21B
$1.40B
$2.11B
$2.01B
$1.54B
$1.51B
Liabilities + Equity
$8.02B
$8.25B
$9.01B
$9.14B
$10.82B
$10.28B
$13.68B
$9.50B
$9.81B
$8.64B
$5.09B
$4.76B
Shares Outstanding
·
·
·
·
·
·
·
·
75,826,927
·
·
·
Cash Flow17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$313M
$320M
$365M
$396M
$425M
$498M
$450M
$538M
$539M
$268M
$233M
$216M
Stock-based Comp
$17M
$22M
$42M
$22M
$43M
$25M
$4M
$15M
$6M
$5M
$10M
$11M
Deferred Tax
$2M
$2M
$700.0K
$2M
$-8M
$64M
$-34M
$-6M
$158M
$34M
$52M
$32M
Amort. of Intangibles
·
$800.0K
$2M
$3M
$4M
$4M
$5M
$19M
$20M
$10M
$8M
$9M
Other Non-cash
·
·
$-227M
·
$194M
$2.87B
$307M
$-133M
$344M
·
·
·
Operating Cash Flow
$-120M
$-51M
$-215M
$-628M
$-614M
$-1.13B
$579M
$523M
$537M
$432M
$468M
$297M
CapEx
$246M
$246M
$226M
$202M
$92M
$174M
$518M
$576M
$627M
$422M
$333M
$271M
Investing Cash Flow
$-222M
$-243M
$-180M
$-224M
$-68M
$-155M
$-516M
$-317M
$-959M
$-1.33B
$-509M
$-272M
Stock Issued
·
·
·
·
$1.57B
$265M
·
·
·
·
·
·
Stock Repurchased
·
·
·
·
·
·
·
$22M
$34M
·
·
$92.0K
Net Stock Activity
·
·
·
·
$1.57B
·
·
$-22M
$-34M
·
·
$-92.0K
Dividends Paid
·
·
·
$700.0K
·
$6M
$84M
$258M
$105M
$80M
$79M
$59M
Financing Cash Flow
$125M
$68M
$649M
$-91M
$1.99B
$1.33B
$-113M
$-195M
$492M
$918M
$35M
$-354M
Net Change in Cash
$-204M
$-231M
$257M
$-966M
$1.30B
$46M
$-48M
$6M
$88M
$19M
$-7M
$-328M
Taxes Paid
$-3M
$-700.0K
$-4M
$-800.0K
$7M
$10M
$2M
$-20M
$11M
$5M
$5M
$1M
Free Cash Flow
·
·
$-441M
·
$-706M
$-1.30B
$61M
$-53M
$-68M
$10M
$134M
$27M
Levered FCF
·
·
$-856M
·
$-1.16B
$-1.66B
$-235M
$-358M
$-469M
$-81M
·
·
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Operating Margin
·
·
-1.5%
·
-36.8%
-330.2%
2.5%
4.9%
2.0%
6.6%
8.0%
6.5%
Net Margin
·
·
-8.2%
·
-50.2%
-369.4%
-2.7%
2.0%
-9.6%
·
·
·
Pretax Margin
·
·
-8.2%
·
-50.6%
-364.6%
-3.1%
2.3%
-6.6%
4.6%
5.5%
3.6%
EBITDA Margin
·
·
6.0%
·
-20.0%
-290.1%
10.7%
14.7%
12.6%
14.9%
16.0%
14.5%
ROA
·
·
-4.4%
·
-12.0%
-38.3%
-1.3%
1.1%
-5.3%
·
·
·
ROE
·
·
19.9%
·
74.0%
231.8%
-11.7%
8.3%
-21.5%
·
·
·
ROIC
·
·
-2.8%
·
-25.4%
-146.8%
2.0%
3.9%
2.4%
2.8%
4.3%
3.5%
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
·
·
0.7
·
1.0
0.3
0.3
0.6
0.6
0.6
0.6
0.8
Quick Ratio
·
·
0.7
·
1.0
0.3
0.3
0.4
0.4
0.4
0.4
0.5
Debt / Equity
·
·
-2.5
·
-3.0
-2.0
3.9
3.4
2.0
1.9
1.3
1.2
LT Debt / Equity
·
·
-2.5
·
-3.0
-2.0
3.9
3.4
2.0
1.9
1.3
1.2
Interest Coverage
·
·
-0.2
·
-2.0
-11.5
0.4
0.8
0.4
1.8
·
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
·
·
0.5
·
0.2
0.1
0.5
0.6
0.6
0.5
0.6
0.5
Receivables Turnover
·
·
26.0
·
19.5
7.2
21.3
20.6
20.9
20.3
28.8
26.2
Per Share4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue / Share
·
·
$28.71
·
$5.29
$10.60
$52.69
$41.97
$39.61
$32.73
$30.06
$27.59
Cash Flow / Share
·
·
$-1.28
·
$-1.29
$-9.64
$5.58
$4.02
$4.36
$4.37
$4.77
$3.04
Dividend / Share
·
·
·
·
·
·
·
·
$0.80
$0.80
$0.80
$0.60
EPS (TTM)
$-1.34
$-1.06
$-2.37
$-9.29
$-13.29
$-19.58
$-1.44
$0.41
$-3.80
$1.13
$1.06
$0.66
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
4.6%
-3.6%
23.0%
54.7%
103.5%
·
·
·
·
·
·
·
Revenue CAGR 3Y
7.4%
22.4%
57.0%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
31.3%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$4.85B
$4.64B
$4.81B
$3.91B
$2.53B
$1.24B
$5.47B
$5.46B
$5.08B
$3.24B
$2.95B
$2.70B
Net Income TTM
$-632M
$-353M
$-397M
$-974M
$-1.27B
$-4.59B
$-149M
$110M
$-487M
$112M
$104M
·
P/E
-1.2
-3.8
-2.6
-4.4
-20.5
-1.1
-50.3
299.5
-39.7
297.8
226.4
396.7
Earnings Yield
-85.9%
-26.6%
-38.7%
-22.8%
-4.9%
-92.4%
-2.0%
0.33%
-2.5%
0.34%
0.44%
0.25%
Payout Ratio
·
·
·
·
·
-0.14%
-56.4%
234.4%
-21.5%
·
·
·
Annual Payout
·
·
·
$700.0K
·
$6M
$84M
$258M
$105M
$80M
$79M
$59M
Income Statement14
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue
$1.60B
$1.05B
$1.29B
$1.30B
$1.40B
$862M
$1.31B
$1.35B
$1.03B
$951M
$1.10B
$1.41B
$1.35B
$954M
$991M
$968M
Operating Expenses
$2M
$-300.0K
$8M
$700.0K
$3M
$3M
$2M
$2M
$1M
$500.0K
$-2M
$4M
$-900.0K
$1M
$-2M
$4M
Operating Income
$238M
$-46M
$100.0K
$36M
$93M
$-146M
$5M
$72M
$-47M
$-108M
$-150M
$99M
$85M
$-108M
$-224M
$-115M
Interest Expense
·
·
·
·
·
·
·
·
·
$101M
·
$104M
$103M
$101M
$100M
$96M
Interest Income
$1M
$300.0K
$1M
$2M
$2M
$3M
$3M
$5M
$5M
$6M
$7M
$4M
$2M
$2M
·
·
Other Non-op
$-110M
$52M
$-8M
$-195M
$32M
$59M
$-18M
$23M
$108M
$43M
$67M
$16M
$32M
$-38M
$36M
$1M
Pretax Income
$-8M
$-115M
$-127M
$-297M
$-4M
$-200M
$-135M
$-22M
$-32M
$-162M
$-183M
$15M
$9M
$-234M
$-288M
$-225M
Income Tax
$3M
$2M
$500.0K
$1M
$1M
$2M
$700.0K
$-1M
$700.0K
$2M
$-1M
$2M
$400.0K
$2M
$0
$2M
Net Income
$-11M
$-117M
$-127M
$-298M
$-5M
$-202M
$-136M
$-21M
$-33M
$-164M
$-182M
$12M
$9M
$-236M
$-288M
$-227M
EPS (Basic)
$-0.02
$-0.22
$-0.28
$-0.58
$-0.01
$-0.47
$-0.28
$-0.06
$-0.10
$-0.62
$-0.80
$0.08
$0.06
$-1.71
$-6.64
$-2.20
EPS (Diluted)
$-0.02
$-0.22
$-0.28
$-0.58
$-0.01
$-0.47
$-0.28
$-0.06
$-0.10
$-0.62
$-0.80
$0.08
$0.06
$-1.71
$-6.64
$-2.20
Shares (Basic)
722,015,000
539,664,000
·
513,010,000
433,144,000
430,973,000
·
361,853,000
321,581,000
263,411,000
·
162,424,000
151,302,000
137,395,000
·
103,369,000
Shares (Diluted)
722,015,000
539,664,000
·
513,010,000
433,144,000
430,973,000
·
361,853,000
321,581,000
263,411,000
·
162,607,000
151,347,000
137,395,000
·
103,369,000
EBITDA
$314M
$30M
·
$115M
$170M
$-70M
·
$153M
$31M
$-27M
·
$188M
$182M
$-15M
·
$-18M
Balance Sheet26
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$778M
$339M
$428M
$366M
$424M
$379M
$632M
$527M
$770M
$624M
$884M
$730M
$435M
$496M
$632M
$685M
Receivables
$126M
$103M
$156M
$102M
$124M
$93M
$168M
$108M
$156M
$140M
·
$134M
$138M
$106M
·
$108M
Prepaid Expense
·
·
$43M
·
·
·
$36M
·
·
·
·
·
·
·
·
·
Other Current Assets
$93M
$98M
$97M
$100M
$110M
$114M
$98M
$104M
$101M
$112M
·
$94M
$112M
$116M
·
$91M
Current Assets
$1.04B
$583M
$730M
$619M
$709M
$635M
$947M
$789M
$1.08B
$913M
·
$980M
$708M
$740M
·
$905M
PP&E (Net)
·
·
$1.34B
·
·
·
$1.41B
·
·
·
·
·
·
·
·
·
PP&E (Gross)
·
·
$4.84B
·
·
·
$4.67B
·
·
·
·
·
·
·
·
·
Accum. Depreciation
$3.61B
$3.57B
$3.50B
$3.48B
$3.45B
$3.35B
$3.27B
$3.27B
$3.20B
$3.15B
·
$2.99B
$2.96B
$2.92B
·
$2.72B
Goodwill
$2.38B
$2.39B
$2.42B
$2.40B
$2.39B
$2.36B
$2.30B
$2.35B
$2.33B
$2.32B
$2.36B
$2.31B
$2.31B
$2.34B
$2.34B
$2.31B
Intangibles
$146M
$146M
$147M
$148M
$148M
$146M
$144M
$147M
$146M
$146M
·
$146M
$147M
$147M
·
$145M
Other Non-current Assets
$202M
$198M
$212M
$212M
$213M
$200M
$192M
$199M
$198M
$194M
·
$195M
$198M
$206M
·
$224M
Total Assets
$8.04B
$7.68B
$8.02B
$8.02B
$8.17B
$8.05B
$8.25B
$8.32B
$8.59B
$8.54B
·
$8.79B
$8.67B
$8.85B
·
$9.21B
Accounts Payable
$397M
$274M
$383M
$279M
$305M
$233M
$378M
$248M
$301M
$250M
·
$236M
$286M
$257M
·
$231M
Current Liabilities
$1.90B
$1.67B
$1.77B
$1.60B
$1.62B
$1.51B
$1.74B
$1.58B
$1.65B
$1.50B
·
$1.53B
$1.55B
$1.71B
·
$1.62B
Capital Leases
$3.25B
$3.35B
$3.48B
$3.58B
$3.66B
$3.68B
$3.63B
$3.74B
$3.77B
$3.88B
·
$3.98B
$4.10B
$4.17B
·
$4.25B
Deferred Tax
$36M
$36M
$36M
$36M
$35M
$35M
$34M
$34M
$33M
$33M
·
$33M
$32M
$33M
·
$32M
Other Non-current Liabilities
$108M
$109M
$95M
$80M
$81M
$84M
$82M
$91M
$99M
$102M
·
$99M
$102M
$104M
·
$126M
Total Liabilities
$9.50B
$9.61B
$9.91B
$9.80B
$9.90B
$9.79B
$10.01B
$10.01B
$10.29B
$10.57B
·
$10.93B
$11.25B
$11.44B
·
$11.79B
Long-term Debt
$3.85B
$3.96B
$4.02B
$4.01B
$4.01B
$4.13B
$4.08B
$4.20B
$4.30B
$4.48B
·
$4.66B
$4.69B
$4.74B
·
$5.08B
Total Debt
$3.85B
$3.96B
·
$4.01B
$4.01B
$4.04B
·
$4.14B
$4.34B
$4.54B
·
$4.77B
$4.82B
$4.88B
·
$5.33B
Common Stock
$9M
$6M
$5M
$5M
$4M
$4M
$4M
$4M
$4M
$3M
·
$2M
$5M
$5M
·
$5M
Paid-in Capital
$7.72B
$7.22B
$7.12B
$7.12B
$6.89B
$6.89B
$6.71B
$6.62B
$6.60B
$6.24B
·
$5.79B
$5.36B
$5.32B
·
$4.83B
Retained Earnings
$-9.11B
$-9.10B
$-8.98B
$-8.85B
$-8.55B
$-8.55B
$-8.35B
$-8.21B
$-8.19B
$-8.16B
·
$-7.81B
$-7.82B
$-7.83B
·
$-7.31B
AOCI
$-74M
$-58M
$-42M
$-53M
$-68M
$-79M
$-132M
$-102M
$-111M
$-114M
·
$-115M
$-125M
$-85M
·
$-106M
Stockholders' Equity
$-1.45B
$-1.93B
$-1.89B
$-1.78B
$-1.73B
$-1.74B
$-1.76B
$-1.69B
$-1.70B
$-2.03B
·
$-2.14B
$-2.58B
$-2.59B
·
$-2.58B
Liabilities + Equity
$8.04B
$7.68B
$8.02B
$8.02B
$8.17B
$8.05B
$8.25B
$8.32B
$8.59B
$8.54B
·
$8.79B
$8.67B
$8.85B
·
$9.21B
Cash Flow13
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$76M
$76M
$80M
$79M
$78M
$76M
$78M
$81M
$79M
$82M
$86M
$89M
$97M
$94M
$103M
$97M
Stock-based Comp
$3M
$7M
$-800.0K
$6M
$6M
$6M
$7M
$6M
$4M
$4M
$2M
$7M
$8M
$26M
$200.0K
$-4M
Deferred Tax
$100.0K
$300.0K
$500.0K
$400.0K
$0
$900.0K
$400.0K
$400.0K
$200.0K
$500.0K
$-100.0K
$400.0K
$-200.0K
$600.0K
$600.0K
$800.0K
Other Non-cash
·
$-95M
·
·
·
$-251M
·
·
·
$-111M
·
·
·
$-74M
·
$-94M
Operating Cash Flow
$235M
$-128M
$127M
$-15M
$138M
$-370M
$204M
$-32M
$-35M
$-188M
$-78M
$66M
$-13M
$-190M
$-33M
$-224M
CapEx
$45M
$46M
$83M
$66M
$50M
$47M
$90M
$61M
$45M
$50M
$72M
$58M
$49M
$47M
$72M
$54M
Investing Cash Flow
$-44M
$-16M
$-58M
$-68M
$-49M
$-47M
$-89M
$-60M
$-44M
$-50M
$-64M
$-59M
$-41M
$-17M
$-70M
$-51M
Dividends Paid
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$0
$0
Financing Cash Flow
$248M
$49M
$-9M
$25M
$-49M
$158M
$-4M
$-155M
$236M
$-9M
$294M
$293M
$-6M
$69M
$44M
$500.0K
Net Change in Cash
$439M
$-96M
$60M
$-58M
$47M
$-253M
$104M
$-242M
$158M
$-251M
$159M
$294M
$-60M
$-136M
$-51M
$-282M
Taxes Paid
$-2M
$-1M
$2M
$-2M
$-2M
$-900.0K
$-800.0K
$2M
$-1M
$-200.0K
$-2M
$-1M
$300.0K
$-2M
$300.0K
$300.0K
Free Cash Flow
·
$-175M
·
·
·
$-417M
·
·
·
$-239M
·
·
·
$-237M
·
$-278M
Levered FCF
·
·
·
·
·
·
·
·
·
$-341M
·
·
·
$-339M
·
$-375M
Profitability7
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Operating Margin
14.9%
-4.4%
·
2.8%
6.6%
-16.9%
·
5.3%
-4.6%
-11.4%
·
7.1%
6.3%
-11.3%
·
-11.9%
Net Margin
-0.71%
-11.2%
·
-22.9%
-0.34%
-23.4%
·
-1.5%
-3.2%
-17.2%
·
0.87%
0.64%
-24.7%
·
-23.4%
Pretax Margin
-0.50%
-11.0%
·
-22.8%
-0.25%
-23.2%
·
-1.6%
-3.1%
-17.0%
·
1.0%
0.67%
-24.5%
·
-23.2%
EBITDA Margin
19.7%
2.9%
·
8.9%
12.2%
-8.1%
·
11.3%
3.0%
-2.8%
·
13.4%
13.5%
-1.5%
·
-1.9%
ROA
-0.14%
-1.5%
·
-3.6%
-0.06%
-2.4%
·
-0.24%
-0.38%
-1.9%
·
0.14%
0.09%
-2.5%
·
-2.2%
ROE
0.72%
6.4%
·
17.2%
0.27%
10.7%
·
1.1%
1.5%
7.1%
·
-0.52%
-0.35%
9.9%
·
10.8%
ROIC
14.1%
-2.3%
·
1.6%
5.4%
-6.4%
·
2.8%
-1.8%
-4.4%
·
3.2%
3.6%
-4.8%
·
-4.2%
Liquidity & Solvency5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Current Ratio
0.5
0.3
·
0.4
0.4
0.4
·
0.5
0.7
0.6
·
0.6
0.5
0.4
·
0.6
Quick Ratio
0.5
0.3
·
0.3
0.3
0.3
·
0.4
0.6
0.5
·
0.6
0.4
0.4
·
0.5
Debt / Equity
-2.7
-2.1
·
-2.3
-2.3
-2.3
·
-2.5
-2.6
-2.2
·
-2.2
-1.9
-1.9
·
-2.1
LT Debt / Equity
-2.5
-2.0
·
-2.2
-2.3
-2.3
·
-2.4
-2.5
-2.2
·
-2.2
-1.9
-1.9
·
-2.0
Interest Coverage
·
·
·
·
·
·
·
·
·
-1.1
·
1.0
0.8
-1.1
·
-1.2
Efficiency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.2
0.1
·
0.2
0.2
0.1
·
0.2
0.1
0.1
·
0.2
0.1
0.1
·
0.1
Receivables Turnover
12.8
10.7
·
12.4
10.0
7.4
·
11.1
7.0
7.7
·
11.6
10.4
9.0
·
8.1
Per Share3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue / Share
$2.21
$1.94
·
$2.53
$3.23
$2.00
·
$3.73
$3.20
$3.61
·
$8.65
$0.89
$0.69
·
$0.94
Cash Flow / Share
·
$-0.24
·
·
·
$-0.86
·
·
·
$-0.71
·
·
·
$-0.14
·
$-0.22
EPS (TTM)
$-1.10
$-1.09
·
$-1.34
$-0.82
$-0.91
·
$-1.58
$-1.44
$-1.28
·
$-8.21
$-10.49
$-10.67
·
$-13.59
Valuation (TTM)5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$5.23B
$5.03B
·
$4.87B
$4.92B
$4.55B
·
$4.44B
$4.49B
$4.81B
·
$4.70B
$4.26B
$4.08B
·
$4.09B
Net Income TTM
$-554M
$-547M
·
$-641M
$-363M
$-391M
·
$-399M
$-366M
$-325M
·
$-502M
$-742M
$-872M
·
$-820M
P/E
-1.7
-0.9
·
-2.2
-3.8
-3.2
·
-2.9
-3.5
-2.9
·
-1.0
-4.2
-4.7
·
-5.1
Earnings Yield
-57.9%
-111.2%
·
-46.2%
-26.5%
-31.7%
·
-34.7%
-28.9%
-34.4%
·
-102.8%
-23.8%
-21.3%
·
-19.5%
Annual Payout
$700.0K
$700.0K
·
$700.0K
$700.0K
$700.0K
·
$700.0K
$700.0K
$700.0K
·
$700.0K
$700.0K
$700.0K
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$4.85B
$4.64B
$4.81B
$3.91B
$2.53B
Operating Margin %
·
·
-1.5%
·
-36.8%
Net Income
$-632M
$-353M
$-397M
$-974M
$-1.27B
Diluted EPS
$-1.34
$-1.06
$-2.37
$-9.29
$-13.29
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
·
·
-2.5
·
-3.0
Current Ratio
·
·
0.7
·
1.0
Quick Ratio
·
·
0.7
·
1.0
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
·
·
$-441M
·
$-706M
Institutional owners (13F)
331 filers
· $949.6M total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders331
Value held$949.6M
New positions73
Exited positions27
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
73 (+10 vs prior Q)
27 (-19 vs prior Q)
129 (+54 vs prior Q)
37 (-22 vs prior Q)
+250.7M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Wanda America Entertainment, Inc., Qingdao Wanda Movie and TV Investment Co., Ltd., Dalian Wanda Group Business Service Co., Ltd., Wanda America Investment Holding Co. Ltd., Qingdao Wanda Culture Investment Co., Ltd., Beijing Wanda Investment Co., Ltd., Beijing Wanda Culture Industry Group Co., Ltd., Dalian Wanda Group Co., Ltd., Dalian Hexing Investment Co., Ltd., Jianlin Wang
×3 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
33 insiders
· 20 officers · 15 directors