Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise48.8%
Next ReportNov 10, 2026
Period
Report
EPS Actual
EPS Est
Surprise
Sept. 30, 2024
$-1.51
—
—
Sept. 30, 2023
$-1.67
—
—
Dec. 31, 2022
$4.13
—
—
March 31, 2020
$-4.08
$-7.96
48.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$766M
$704M
$692M
$786M
$1.03B
$1.21B
$1.33B
$1.38B
$1.58B
$1.44B
$1.61B
$1.64B
Cost of Revenue
$391M
$435M
$464M
$549M
$597M
$559M
$683M
$596M
$727M
$727M
$829M
$782M
Gross Profit
$374M
$269M
$228M
$237M
$433M
$650M
$644M
$780M
$848M
$718M
$780M
$856M
R&D Expense
$65M
$71M
$83M
$132M
$159M
$172M
$217M
$205M
$192M
$162M
$171M
$150M
SG&A Expense
$72M
$78M
$115M
$92M
$334M
$278M
$242M
$162M
$147M
$182M
$184M
$138M
Operating Expenses
$409M
$333M
$354M
$429M
$769M
$752M
$1.00B
$904M
$833M
$683M
$701M
$619M
Operating Income
$-34M
$-65M
$-126M
$-191M
$-336M
$-103M
$-356M
$-124M
$15M
$35M
$79M
$238M
Interest Expense
·
·
·
·
·
·
$5M
$14M
$22M
$7M
$2M
$0
Interest Income
$21M
$32M
$35M
$31M
$47M
$35M
$23M
$34M
$54M
$35M
·
·
Other Non-op
$528.0K
$897.0K
$8M
$8M
$25M
$36M
$15M
$22M
$19M
$21M
$29M
$21M
Pretax Income
$9M
$-48M
$-96M
$-196M
$-252M
$543M
$692M
$-45M
$49M
$92M
$98M
$310M
Income Tax
$8M
$5M
$13M
$-70M
$21M
$116M
$22M
$20M
$15M
$14M
$26M
$48M
Net Income
$365.0K
$-53M
$-109M
$-126M
$-273M
$365M
$724M
$-66M
$34M
$78M
$72M
$263M
EBITDA
$-24M
$-51M
$-104M
$-165M
$-308M
$-64M
$-228M
$-92M
$51M
$77M
$124M
$274M
Balance Sheet22
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$538M
$608M
$527M
$96M
$189M
$358M
$311M
$161M
$363M
$203M
$311M
$1.29B
Receivables
$293M
$327M
$294M
$429M
$457M
$676M
$610M
$484M
$459M
$405M
$506M
$494M
Prepaid Expense
$33M
$25M
$34M
$32M
$49M
$43M
$57M
$89M
$57M
$64M
$59M
$43M
Current Assets
$1.42B
$1.47B
$1.48B
$1.66B
$2.08B
$2.42B
$2.56B
$2.02B
$2.24B
$2.07B
$1.93B
$2.06B
PP&E (Net)
$11M
$4M
$7M
$13M
$29M
$63M
$97M
$96M
$64M
$72M
$81M
$90M
PP&E (Gross)
$46M
$90M
$95M
$127M
$156M
$219M
$262M
$244M
$218M
$217M
$201M
$173M
Accum. Depreciation
$35M
$85M
$87M
$114M
$127M
$156M
$165M
$149M
$153M
$145M
$121M
$83M
Goodwill
·
·
·
·
·
·
$23M
$338M
·
·
·
·
Intangibles
$10M
$14M
$20M
$29M
$22M
$12M
$14M
$97M
$7M
$9M
$12M
$15M
Other Non-current Assets
$11M
$14M
$13M
$20M
$3M
$10M
$20M
$23M
$13M
$16M
$18M
$13M
Total Assets
$1.65B
$1.71B
$1.76B
$2.03B
$2.41B
$2.77B
$5.33B
$4.63B
$3.60B
$3.17B
$2.57B
$2.33B
Accounts Payable
$122M
$145M
$122M
$177M
$217M
$221M
$249M
$265M
$263M
$261M
$289M
$272M
Accrued Liabilities
$57M
$66M
$72M
$89M
$123M
$172M
$274M
$227M
$173M
$111M
$81M
$86M
Current Liabilities
$498M
$537M
$527M
$664M
$967M
$1.06B
$1.51B
$1.07B
$1.07B
$983M
$743M
$592M
Capital Leases
$29M
$46M
$50M
$81M
$20M
$17M
$50M
$0
·
·
·
·
Deferred Tax
·
·
·
·
·
·
·
·
·
$1M
$1M
$1M
Total Liabilities
$541M
$599M
$595M
$766M
$1.02B
$1.11B
$1.78B
$1.24B
$1.10B
$1.01B
$763M
$610M
Retained Earnings
$-567M
$-567M
$-513M
$-411M
$-300M
$-88M
$186M
$160M
$229M
$195M
$122M
$53M
Treasury Stock
$1M
$1M
$655.0K
·
·
·
·
·
·
·
$0
$13M
AOCI
$-42M
$-37M
$-40M
$-45M
$-39M
$-28M
$1.41B
$1.19B
$570M
$298M
$23M
$-15M
Stockholders' Equity
$1.17B
$1.18B
$1.23B
$1.32B
$1.43B
$1.64B
$3.33B
$3.08B
$2.51B
$2.17B
$1.81B
$1.72B
Liabilities + Equity
$1.65B
$1.71B
$1.76B
$2.03B
$2.41B
$2.77B
$5.33B
$4.63B
$3.60B
$3.17B
$2.57B
$2.33B
Cash Flow15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$11M
$14M
$22M
$26M
$29M
$39M
$50M
$32M
$36M
$42M
$45M
$36M
Stock-based Comp
$17.0K
$2M
$4M
$8M
$10M
$9M
$12M
$14M
$21M
$2M
$34M
$53M
Deferred Tax
$10M
$7M
$19M
$2M
$-5M
$-13M
$-1M
$300.0K
$-6M
$-18M
$-11M
$-3M
Amort. of Intangibles
$7M
$10M
$16M
$15M
$7M
$6M
$15M
$3M
$3M
$5M
$7M
$5M
Other Non-cash
$-24M
$-14M
$4M
$-223M
$97M
$-504M
$-1.15B
$-58M
$88M
$98M
$79M
$-76M
Operating Cash Flow
$-3M
$-44M
$-61M
$-312M
$-143M
$-103M
$-330M
$-77M
$173M
$204M
$221M
$273M
CapEx
$13M
$5M
$10M
$34M
$17M
$12M
$58M
$56M
$28M
$29M
$43M
$35M
Investing Cash Flow
$-57M
$128M
$488M
$229M
$-43M
$746M
$1.46B
$-115M
$-6M
$-314M
$-1.13B
$393M
Stock Repurchased
·
$825.0K
$655.0K
·
·
·
·
·
·
$0
$66M
$242M
Net Stock Activity
·
$-825.0K
$-655.0K
·
·
·
·
·
·
$0
$-66M
$-242M
Dividends Paid
$1M
$1M
·
$0
$4M
$645M
$703M
·
·
·
·
·
Financing Cash Flow
$-1M
$-2M
$-655.0K
$0
$-4M
$-640M
$-1.11B
$-76M
$-16M
$217M
$64M
$-224M
Net Change in Cash
$-64M
$83M
$429M
$-100M
$-184M
$-35M
$-20M
$-256M
$142M
$122M
$-850M
$441M
Free Cash Flow
$-16M
$-50M
$-71M
$-346M
$-160M
$-115M
$-414M
$-133M
$145M
$174M
$177M
$238M
Levered FCF
·
·
·
·
·
·
$-419M
$-152M
$130M
$168M
·
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Gross Margin
48.9%
38.2%
32.9%
30.2%
42.0%
53.7%
49.8%
56.7%
53.8%
49.7%
48.5%
52.3%
Operating Margin
-4.5%
-9.2%
-18.2%
-24.4%
-32.6%
-8.5%
-20.0%
-9.0%
0.95%
2.5%
4.9%
14.5%
Net Margin
0.05%
-7.5%
-15.8%
-16.0%
-26.5%
30.2%
47.3%
-4.8%
2.2%
5.6%
4.6%
16.1%
Pretax Margin
1.1%
-6.9%
-13.9%
-25.0%
-24.5%
37.0%
48.6%
-3.3%
3.1%
6.4%
6.1%
19.0%
EBITDA Margin
-3.1%
-7.2%
-15.0%
-21.0%
-29.8%
-5.3%
-14.9%
-6.7%
3.2%
5.3%
7.7%
16.7%
ROA
0.02%
-3.0%
-5.8%
-5.7%
-10.5%
9.0%
14.5%
-1.6%
1.0%
2.8%
3.0%
12.0%
ROE
0.03%
-4.4%
-8.6%
-9.2%
-17.8%
14.7%
22.6%
-2.4%
1.5%
4.1%
4.2%
16.0%
ROIC
-0.13%
-6.0%
-11.7%
-9.3%
-25.5%
-6.0%
-8.9%
-5.8%
0.42%
1.4%
3.2%
11.7%
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
2.8
2.7
2.8
2.5
2.1
2.3
1.7
1.9
2.1
2.2
2.6
3.5
Quick Ratio
1.7
1.7
1.6
0.8
0.7
1.0
0.7
0.6
0.8
0.6
1.1
3.0
Interest Coverage
·
·
·
·
·
·
-60.0
-9.2
0.7
5.0
·
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.5
0.4
0.4
0.4
0.4
0.3
0.3
0.3
0.5
0.5
0.7
0.7
Receivables Turnover
2.5
2.3
1.9
1.8
1.8
1.9
2.7
2.9
3.6
3.2
3.2
3.9
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$766M
$704M
$692M
$786M
$1.03B
$1.21B
$1.33B
$1.38B
$1.58B
$1.44B
$1.61B
$1.64B
Net Income TTM
$365.0K
$-53M
$-109M
$-126M
$-273M
$365M
$724M
$-66M
$34M
$78M
$72M
$263M
Payout Ratio
274.0%
-2.0%
·
·
-1.3%
176.6%
97.1%
·
·
·
·
·
Annual Payout
$1M
$1M
·
$0
$4M
$645M
$703M
·
·
·
·
·
Per Share1
Metric
Trend
Q4 2011
EPS (TTM)
$-1.30
Valuation (TTM)4
Metric
Trend
Q4 2011
Revenue TTM
$951M
Net Income TTM
$102M
P/E
-26.0
Earnings Yield
-3.9%
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
$766M
$704M
$692M
$786M
$1.03B
Gross Margin %
48.9%
38.2%
32.9%
30.2%
42.0%
Operating Margin %
-4.5%
-9.2%
-18.2%
-24.4%
-32.6%
Net Income
$365.0K
$-53M
$-109M
$-126M
$-273M
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
2.8
2.7
2.8
2.5
2.1
Quick Ratio
1.7
1.7
1.6
0.8
0.7
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-16M
$-50M
$-71M
$-346M
$-160M
Institutional owners (13F)
6 filers
· $208K 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.
Holders6
Value held$208K
New positions0
Exited positions0
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
0 (0 vs prior Q)
0 (-1 vs prior Q)
1 (0 vs prior Q)
3 (0 vs prior Q)
-4K
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.