| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.88B | $3.12B | $2.73B | $3.27B | $3.12B +8.1% | $3.34B +6.9% | $2.93B +7.4% | $3.52B +7.5% | Strengthening |
| Operating Profit | -$74.00M | -$117.00M | -$122.00M | $17.00M | $38.00M | $84.00M | -$11.00M +91.0% | $104.00M +511.8% | Strengthening |
| Net Profit | -$74.00M | -$128.00M | -$113.00M | $15.00M | -$99.00M -33.8% | -$116.00M +9.4% | -$105.00M +7.1% | -$1.00M -106.7% | Weakening |
| EPS | $-0.60 | — | $-0.89 | $0.11 | $-0.76 -26.7% | — | $-0.80 +10.1% | $-0.01 -109.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$71.00M | -$126.00M | -$110.00M | $17.00M | -$97.00M -36.6% | -$114.00M +9.5% | -$104.00M +5.5% | $2.00M -88.2% | Weakening |
| MarginsOPM | -2.6% | -3.8% | -4.5% | 0.5% | 1.2% | 2.5% | -0.4% +91.5% | 3.0% +469.2% | Strengthening |
| Tax | -4.2% | -1.6% | -2.7% | 11.8% | -2.1% +51.3% | -1.8% -10.1% | -1.0% +64.8% | 150.0% +1175.5% | Strengthening |
| ReturnsROIC | 1.5% | 2.6% | 2.3% | -0.3% | 2.0% +33.8% | 2.4% -9.4% | 2.1% -7.1% | 0.0% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $849.46M | $583.00M | $2.13B | $1.71B | $1.05B | $1.32B | $1.32B | $1.48B | $1.06B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.26B | $1.38B | $3.05B | $3.01B | $1.93B | $1.85B | $1.88B | $2.00B | $1.69B |
| Net PP&E | $606.98M | $1.39B | $1.49B | $1.52B | $1.61B | $1.57B | $1.53B | $1.38B | $1.23B |
| Goodwill | $2.10M | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | — |
| Intangibles | $500.0K | $18.40M | — | — | — | — | — | — | — |
| Total Assets | $1.89B | $2.95B | $4.57B | $4.57B | $3.58B | $3.47B | $3.46B | $3.44B | $2.98B |
| LiabilitiesTotal Current Liabilities | $1.14B | $1.61B | $2.17B | $2.22B | $2.07B | $2.18B | $2.37B | $2.13B | $2.27B |
| Short-Term Debt | — | — | — | $0 | $0 | $117.00M | $236.00M | $39.00M | — |
| Long-Term Debt | $738.90M | $1.46B | $2.66B | $3.05B | $3.14B | $3.09B | $2.88B | $3.23B | $2.80B |
| Long-Term Leases | $0 | $822.60M | $870.00M | $892.00M | $893.00M | $862.00M | $929.00M | $835.00M | $680.00M |
| Total Liabilities | $2.22B | $3.90B | $5.76B | $6.19B | $6.13B | $6.18B | $6.21B | $6.22B | $5.77B |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — | — |
| Retained Earnings | -$1.08B | -$2.07B | -$1.89B | -$1.95B | -$3.28B | -$4.02B | -$4.51B | -$4.82B | -$4.93B |
| Total Equity | -$331.00M | -$944.00M | -$1.19B | -$1.62B | -$2.55B | -$2.71B | -$2.75B | -$2.78B | -$2.79B |
| HighlightsNet Cash / (Debt) | — | — | — | -$1.35B | -$2.09B | -$1.89B | -$1.80B | -$1.80B | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $84.86M | -$197.00M | $1.42B | $410.00M | -$674.00M | $349.00M | $317.00M | $534.00M | $665.00M |
| Cash from Investing | -$260.29M | -$855.00M | -$236.00M | -$515.00M | $1.00M | -$152.00M | -$262.00M | -$219.00M | -$261.00M |
| Cash from Financing | $467.46M | $787.00M | $353.00M | -$303.00M | $16.00M | $77.00M | -$69.00M | -$129.00M | -$668.00M |
| SummaryCapital Expenditure | -$159.21M | -$272.00M | -$186.00M | -$101.00M | -$186.00M | -$148.00M | -$73.00M | -$70.00M | -$103.00M |
| Free Cash Flow | -$74.34M | -$469.00M | $1.23B | $309.00M | -$860.00M | $201.00M | $244.00M | $464.00M | $562.00M |
| FCF Margin | -1.1% | -5.1% | 8.7% | 2.3% | -7.0% | 1.7% | 2.1% | 3.7% | 4.4% |