| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $948.00M | $952.00M | $906.00M | $988.00M | $1.03B +8.4% | $1.04B +9.6% | $1.08B +19.3% | $966.00M -2.2% | Strengthening |
| Operating Profit | -$485.00M | $130.00M | $64.00M | -$964.00M | -$1.68B -245.8% | $240.00M +84.6% | $287.00M +348.4% | $152.00M | Strengthening |
| Net Profit | -$494.00M | $7.00M | -$79.00M | -$938.00M | -$1.92B -289.3% | $25.00M +257.1% | $71.00M | $170.00M | Strengthening |
| EPS | $-0.56 | — | $-0.09 | $-1.06 | $-2.00 -257.1% | — | $0.06 | $0.15 | Strengthening |
| Other Income | -$40.00M | -$68.00M | -$104.00M | -$129.00M | -$220.00M -450.0% | -$158.00M -132.4% | -$270.00M -159.6% | $32.00M | Weakening |
| Interest | $80.00M | $91.00M | $116.00M | $112.00M | $154.00M +92.5% | $173.00M +90.1% | $276.00M +137.9% | -$20.00M -117.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$525.00M | $62.00M | -$40.00M | -$1.09B | -$1.90B -261.3% | $82.00M +32.3% | $17.00M | $184.00M | Strengthening |
| MarginsOPM | -51.2% | 13.7% | 7.1% | -97.6% | -163.1% -218.9% | 23.0% +68.4% | 26.6% +276.1% | 15.7% | Strengthening |
| Tax | 5.9% | 88.7% | -97.5% | 14.2% | -1.4% -123.2% | 69.5% -21.6% | -317.6% -225.8% | 7.6% -46.3% | Weakening |
| ReturnsROIC | 7.0% | -0.1% | 1.1% | 13.2% | 27.1% +289.3% | -0.4% -257.1% | -1.0% -189.9% | -2.4% -118.1% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.16B | $1.79B | $1.15B | $976.00M | $683.00M | $762.00M | $560.00M | $620.00M | $509.00M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $3.95B | $3.64B | $2.74B | $2.44B | $2.01B | $2.13B | $2.45B | $2.08B | $1.91B |
| Net PP&E | $20.41B | $18.85B | $17.67B | $17.10B | $17.47B | $16.94B | $15.83B | $12.58B | $12.34B |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $795.00M | $608.00M | $393.00M | $173.00M | $56.00M | $4.00M | — | — | — |
| Total Assets | $25.66B | $24.11B | $21.80B | $20.68B | $20.44B | $20.25B | $19.37B | $15.64B | $15.17B |
| LiabilitiesTotal Current Liabilities | $1.46B | $1.72B | $1.39B | $1.30B | $1.56B | $1.40B | $1.66B | $1.34B | $1.20B |
| Short-Term Debt | $373.00M | $568.00M | $505.00M | $513.00M | $719.00M | $370.00M | $686.00M | $445.00M | $397.00M |
| Long-Term Debt | $9.98B | $9.26B | — | — | — | — | — | — | — |
| Long-Term Leases | — | $116.00M | $114.00M | $109.00M | $100.00M | $108.00M | $88.00M | $86.00M | — |
| Total Liabilities | $12.55B | $12.24B | $10.37B | $9.47B | $9.64B | $9.84B | $9.09B | $7.53B | $6.80B |
| EquityCommon Stock & APIC | $59.00M | $59.00M | $60.00M | $64.00M | $71.00M | $81.00M | $87.00M | $110.00M | $112.00M |
| Retained Earnings | -$67.00M | -$1.30B | -$1.87B | -$2.46B | -$3.08B | -$4.03B | -$4.54B | -$7.46B | -$7.22B |
| Total Equity | $13.11B | $11.86B | $11.43B | $11.21B | $10.79B | $10.41B | $10.28B | $8.11B | $8.37B |
| HighlightsNet Cash / (Debt) | -$8.19B | -$8.04B | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $558.00M | $340.00M | $398.00M | $575.00M | $448.00M | $164.00M | $447.00M | $749.00M | $995.00M |
| Cash from Investing | -$797.00M | -$268.00M | -$257.00M | -$233.00M | -$757.00M | -$423.00M | -$151.00M | -$33.00M | $22.00M |
| Cash from Financing | -$147.00M | -$312.00M | -$930.00M | -$490.00M | -$112.00M | $263.00M | -$350.00M | -$660.00M | -$994.00M |
| SummaryCapital Expenditure | -$184.00M | -$387.00M | -$265.00M | -$208.00M | -$717.00M | -$427.00M | -$254.00M | -$123.00M | -$91.00M |
| Free Cash Flow | $374.00M | -$47.00M | $133.00M | $367.00M | -$269.00M | -$263.00M | $193.00M | $626.00M | $904.00M |
| FCF Margin | 12.4% | -1.5% | 4.2% | 14.4% | -10.4% | -9.3% | 5.5% | 15.8% | 22.0% |