Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-120.1%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$-0.84
$-0.42
-98.0%
March 31, 2026
$-2.40
$-1.43
-67.7%
Dec. 31, 2025
$-9.59
$-2.66
-260.4%
Sept. 30, 2025
$-2.63
$-1.20
-118.8%
June 30, 2025
$-0.38
$0.82
-146.1%
March 31, 2025
$0.46
$0.65
-29.4%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement14
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue
$5.46B
$6.17B
$6.45B
$9.70B
$10.52B
$4.37B
Cost of Revenue
$4.18B
$4.33B
$4.68B
$5.14B
$4.64B
$2.56B
SG&A Expense
$280M
$282M
$307M
$365M
$312M
$185M
Operating Income
$-1.19B
$7M
$-284M
$2.56B
$3.94B
$831M
Interest Expense
$19M
$26M
$24M
$24M
$48M
$32M
Other Non-op
·
·
$5M
$37M
·
·
Pretax Income
$-1.17B
$38M
$-228M
$2.59B
$3.90B
$790M
Income Tax
$-233M
$43M
$-61M
$618M
$951M
$202M
Net Income
$-937M
$-5M
$-167M
$1.98B
$2.95B
$588M
EPS (Basic)
$-11.87
$-0.06
$-2.01
$21.06
$27.03
$8.56
EPS (Diluted)
$-12.08
$-0.07
$-2.01
$20.86
$27.03
$8.56
Shares (Basic)
78,977,000
80,859,000
83,199,000
93,760,000
109,021,000
68,672,000
Shares (Diluted)
79,156,000
81,124,000
83,199,000
94,173,000
109,021,000
68,863,000
EBITDA
$-1.19B
$7M
$-284M
$2.56B
$3.94B
·
Balance Sheet12
Metric
Trend
2025
2024
2023
2022
2021
2020
Cash & Equivalents
$157M
$389M
$513M
$706M
$847M
$434M
Receivables
$244M
$294M
$311M
$350M
$508M
$277M
Inventory
$828M
$844M
$851M
$1.03B
$1.06B
$578M
Current Assets
$1.39B
$1.84B
$2.38B
$2.75B
$3.22B
$1.34B
PP&E (Net)
$3.59B
$3.84B
$3.83B
$3.98B
$4.10B
$1.66B
Goodwill
$1.47B
$1.88B
$1.95B
$1.94B
$1.98B
$559M
Total Assets
$7.62B
$8.76B
$9.41B
$9.97B
$10.43B
$4.18B
Accounts Payable
$584M
$604M
$620M
$722M
$848M
$389M
Current Liabilities
$651M
$934M
$1.05B
$792M
$1.21B
$528M
Total Liabilities
$1.77B
$1.81B
$2.19B
$2.35B
$2.78B
$1.70B
Retained Earnings
$3.63B
$4.73B
$4.91B
$5.28B
$4.50B
$2.24B
Stockholders' Equity
$5.85B
$6.95B
$7.22B
$7.62B
$7.66B
$2.48B
Cash Flow7
Metric
Trend
2025
2024
2023
2022
2021
2020
Operating Cash Flow
$96M
$661M
$525M
$2.21B
$3.55B
$968M
CapEx
$411M
$487M
$477M
$477M
$635M
$180M
Investing Cash Flow
$-380M
$-318M
$-530M
$-459M
$-286M
$-166M
Dividends Paid
$101M
$101M
$100M
$99M
$75M
$41M
Financing Cash Flow
$-167M
$-582M
$-268M
$-2.13B
$-2.16B
$-353M
Free Cash Flow
$-315M
$174M
$48M
$1.73B
$2.92B
·
Levered FCF
$-330M
$177M
$30M
$1.71B
$2.88B
·
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
Operating Margin
-21.7%
0.11%
-4.4%
26.4%
37.5%
·
Net Margin
-17.2%
-0.08%
-2.6%
20.4%
28.0%
·
Pretax Margin
-21.4%
0.62%
-3.5%
26.7%
37.1%
·
EBITDA Margin
-21.7%
0.11%
-4.4%
26.4%
37.5%
·
ROA
-11.4%
-0.06%
-1.7%
19.4%
40.3%
·
ROE
-14.6%
-0.07%
-2.2%
25.9%
58.2%
·
ROIC
-16.3%
-0.01%
-2.9%
25.6%
39.0%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
Current Ratio
2.1
2.0
2.3
3.5
2.7
·
Quick Ratio
0.6
0.7
0.8
1.3
1.1
·
Interest Coverage
-62.5
0.3
-11.8
106.6
82.2
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
Asset Turnover
0.7
0.7
0.7
1.0
1.4
·
Inventory Turnover
5.0
5.1
5.0
4.9
5.7
·
Receivables Turnover
20.3
20.4
19.5
22.6
26.8
·
Per Share4
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue / Share
$69.00
$76.11
$77.57
$103.01
$96.00
·
Cash Flow / Share
$1.21
$8.15
$6.31
$23.44
$32.42
·
Dividend / Share
$1.28
$1.26
$1.20
$1.15
·
$0.80
EPS (TTM)
$-12.08
$-0.07
$-2.01
$20.86
$27.03
·
Valuation (TTM)6
Metric
Trend
2025
2024
2023
2022
2021
2020
Revenue TTM
$5.46B
$6.17B
$6.45B
$9.70B
$10.52B
·
Net Income TTM
$-937M
$-5M
$-167M
$1.98B
$2.95B
·
P/E
-5.1
-1236.4
-42.6
3.5
3.5
·
Earnings Yield
-19.8%
-0.08%
-2.4%
28.9%
28.3%
·
Payout Ratio
-10.8%
-2020.0%
-59.9%
5.0%
2.5%
·
Annual Payout
$101M
$101M
$100M
$99M
$75M
·
Per Share1
Metric
Trend
Q4 2025
Q4 2022
EPS (TTM)
$-12.08
$20.86
Valuation (TTM)5
Metric
Trend
Q4 2025
Q4 2022
Revenue TTM
$5.46B
$9.70B
Net Income TTM
$-937M
$1.98B
P/E
-5.1
3.5
Earnings Yield
-19.8%
28.9%
Annual Payout
$101M
$99M
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
$5.46B
$6.17B
$6.45B
$9.70B
$10.52B
Operating Margin %
-21.7%
0.11%
-4.4%
26.4%
37.5%
Net Income
$-937M
$-5M
$-167M
$1.98B
$2.95B
Diluted EPS
$-12.08
$-0.07
$-2.01
$20.86
$27.03
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
2.1
2.0
2.3
3.5
2.7
Quick Ratio
0.6
0.7
0.8
1.3
1.1
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-315M
$174M
$48M
$1.73B
$2.92B
Institutional owners (13F)
183 filers
· $2.6B 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.
Holders183
Value held$2.6B
New positions22
Exited positions25
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
22 (-16 vs prior Q)
25 (+7 vs prior Q)
57 (-8 vs prior Q)
58 (+7 vs prior Q)
+1.3M
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 27 ETFs
20
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.