Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise28.3%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$0.73
$1.06
-31.2%
March 31, 2026
$1.09
$0.96
13.3%
Dec. 31, 2025
$1.11
$0.87
27.1%
Sept. 30, 2025
$0.48
$0.45
7.0%
June 30, 2025
$0.43
$0.34
24.7%
March 31, 2025
$0.42
$0.18
128.8%
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
Revenue
$3.62B
$2.82B
$2.32B
$1.49B
$1.63B
$1.34B
$1.35B
$784M
$817M
$775M
Cost of Revenue
$2.21B
$2.27B
$2.02B
$1.45B
$1.26B
$979M
$1.12B
$684M
$648M
$576M
Gross Profit
$1.41B
$549M
$297M
$48M
$368M
$360M
$229M
$101M
$169M
$199M
SG&A Expense
$116M
$70M
$61M
$29M
$35M
$36M
$32M
$23M
$21M
$24M
Operating Income
$1.23B
$531M
$38M
$-262M
$321M
$210M
$127M
$43M
$188M
$184M
Interest Expense
$55M
$48M
$51M
$5M
$4M
$9M
$17M
$2M
$2M
$3M
Pretax Income
$1.24B
$432M
$-59M
$-301M
$245M
$252M
$183M
$33M
$182M
$176M
Income Tax
$258M
$319M
$46M
$39M
$146M
$76M
$71M
$21M
$59M
$74M
Net Income
$980M
$113M
$-105M
$-340M
$99M
$176M
$111M
$12M
$123M
$102M
EPS (Basic)
$2.56
$0.31
$-0.32
$-1.62
$0.46
$0.85
$0.55
$0.07
$0.79
$0.66
EPS (Diluted)
$2.56
$0.31
$-0.32
$-1.62
$0.46
$0.85
$0.55
$0.07
$0.79
$0.66
Shares (Basic)
381,479,000
363,361,000
326,540,000
210,521,000
210,298,000
210,085,000
201,397,000
153,315,000
153,070,000
152,118,000
Shares (Diluted)
381,577,000
363,401,000
326,540,000
210,521,000
210,435,000
210,295,000
201,571,000
153,522,000
153,353,000
152,504,000
EBITDA
$1.73B
$1.10B
$522M
$54M
$624M
$464M
$381M
$190M
$311M
·
Balance Sheet12
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Cash & Equivalents
$1.22B
$863M
$400M
$107M
$284M
$167M
$121M
$139M
$176M
$181M
Receivables
$232M
$165M
$138M
$137M
$128M
$128M
$169M
$96M
$110M
$130M
Inventory
$588M
$606M
$712M
$472M
$500M
$406M
$347M
$214M
$219M
$237M
Current Assets
$2.20B
$1.72B
$1.39B
$804M
$1.00B
$857M
$789M
$548M
$595M
$613M
PP&E (Net)
$5.34B
$5.33B
$5.67B
$2.23B
$2.34B
$2.42B
$2.50B
$1.30B
$1.34B
$1.22B
Goodwill
·
·
·
$6M
$5M
$4M
$5M
$5M
$3M
$3M
Total Assets
$9.74B
$7.20B
$7.21B
$3.25B
$3.52B
$3.43B
$3.46B
$1.94B
$1.99B
$1.90B
Accounts Payable
$549M
$489M
$498M
$308M
$306M
$282M
$225M
$132M
$140M
$144M
Current Liabilities
$817M
$687M
$624M
$381M
$388M
$362M
$272M
$151M
$185M
$184M
Total Liabilities
$2.74B
$2.49B
$2.44B
$1.05B
$883M
$828M
$994M
$424M
$472M
$499M
Retained Earnings
$-513M
$-1.30B
$-1.27B
$-1.03B
$-598M
$-623M
$-755M
$-836M
$-825M
$-931M
Stockholders' Equity
$7.00B
$4.70B
$4.76B
$2.20B
$2.63B
$2.60B
$2.46B
$1.51B
$1.52B
$1.40B
Cash Flow9
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
D&A
$497M
$571M
$484M
$316M
$303M
$254M
$253M
$147M
$123M
$116M
Other Non-cash
$-144M
$40M
$71M
$56M
$-9M
$31M
$-83M
$-4M
$-22M
·
Operating Cash Flow
$1.33B
$724M
$450M
$32M
$392M
$462M
$282M
$155M
$225M
$215M
CapEx
$314M
$323M
$379M
$275M
$243M
$179M
$206M
$144M
$142M
$203M
Investing Cash Flow
$-706M
$-33M
$398M
$-255M
$-187M
$-84M
$-402M
$-159M
$-178M
$-140M
Dividends Paid
$175M
$145M
$130M
$95M
$72M
$46M
$29M
$21M
$15M
$8M
Financing Cash Flow
$-278M
$-225M
$-552M
$53M
$-86M
$-330M
$103M
$-33M
$-52M
$-28M
Free Cash Flow
$1.02B
$401M
$71M
$-243M
$149M
$284M
$76M
$11M
$82M
·
Levered FCF
$975M
$388M
$-20M
$-249M
$147M
$277M
$66M
$10M
$81M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Gross Margin
38.8%
19.5%
12.8%
3.2%
22.5%
26.9%
17.0%
12.9%
20.7%
·
Operating Margin
34.1%
18.8%
1.7%
-17.5%
19.7%
15.6%
9.4%
5.4%
23.1%
·
Net Margin
27.1%
4.0%
-4.5%
-22.8%
6.0%
13.2%
8.2%
1.5%
15.1%
·
Pretax Margin
34.2%
15.3%
-2.5%
-20.1%
15.0%
18.8%
13.5%
4.2%
22.3%
·
EBITDA Margin
47.8%
39.1%
22.6%
3.6%
38.2%
34.6%
28.2%
24.2%
38.1%
·
ROA
11.6%
1.6%
-2.0%
-10.1%
2.8%
5.1%
4.1%
0.61%
6.3%
·
ROE
16.8%
2.4%
-3.0%
-14.1%
3.8%
7.0%
5.6%
0.80%
8.5%
·
ROIC
14.0%
2.9%
1.4%
-13.5%
4.9%
5.6%
3.1%
1.0%
8.4%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Current Ratio
2.7
2.5
2.2
2.1
2.6
2.4
2.9
3.6
3.2
·
Quick Ratio
1.8
1.5
0.9
0.6
1.1
0.8
1.1
1.6
1.5
·
Interest Coverage
22.4
11.1
0.7
-49.4
87.7
22.7
7.5
18.6
78.8
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Asset Turnover
0.4
0.4
0.4
0.4
0.5
0.4
0.5
0.4
0.4
·
Inventory Turnover
3.7
3.4
3.4
3.0
2.8
2.6
4.0
3.2
2.8
·
Receivables Turnover
18.2
18.6
16.9
11.3
12.8
9.0
10.2
7.6
6.8
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue / Share
$9.48
$7.76
$7.09
$7.10
$7.76
$6.37
$6.70
$5.11
$5.33
·
Cash Flow / Share
$3.49
$1.99
$1.38
$0.15
$1.86
$2.20
$1.40
$1.01
$1.46
·
EPS (TTM)
$2.56
$0.31
$-0.32
$-1.62
$0.46
$0.85
$0.55
$0.07
$0.79
·
Valuation (TTM)6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue TTM
$3.62B
$2.82B
$2.32B
$1.49B
$1.63B
$1.34B
$1.35B
$784M
$817M
·
Net Income TTM
$980M
$113M
$-105M
$-340M
$99M
$176M
$111M
$12M
$123M
·
P/E
20.2
65.2
-51.0
-10.1
54.3
40.6
43.1
208.6
19.7
·
Earnings Yield
4.9%
1.5%
-2.0%
-9.9%
1.8%
2.5%
2.3%
0.48%
5.1%
·
Payout Ratio
17.9%
129.0%
-124.3%
-27.9%
72.5%
26.2%
26.4%
176.8%
12.4%
·
Annual Payout
$175M
$145M
$130M
$95M
$72M
$46M
$29M
$21M
$15M
·
Per Share1
Metric
Trend
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2002
Q4 2001
EPS (TTM)
$0.66
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)5
Metric
Trend
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2002
Q4 2001
Revenue TTM
$775M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$102M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
P/E
22.8
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Earnings Yield
4.4%
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Annual Payout
$8M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
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
$3.62B
$2.82B
$2.32B
$1.49B
$1.63B
Gross Margin %
38.8%
19.5%
12.8%
3.2%
22.5%
Operating Margin %
34.1%
18.8%
1.7%
-17.5%
19.7%
Net Income
$980M
$113M
$-105M
$-340M
$99M
Diluted EPS
$2.56
$0.31
$-0.32
$-1.62
$0.46
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
2.7
2.5
2.2
2.1
2.6
Quick Ratio
1.8
1.5
0.9
0.6
1.1
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$1.02B
$401M
$71M
$-243M
$149M
Institutional owners (13F)
662 filers
· $11.1B total
· As of Sept. 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.
Holders662
Value held$11.1B
New positions76
Exited positions89
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
76 (-70 vs prior Q)
89 (+29 vs prior Q)
211 (+6 vs prior Q)
219 (+9 vs prior Q)
+1.4M
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.
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.
ETF ownership
Held by 40 ETFs
20
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.