Business 12 months to Jun 2026 · SEC EDGAR
Results
Operating income
$228.3m
4% margin · +884% YoY
Net income
−$554.1m
-11% margin
Net income is $782.4m below operating income. The difference lies outside operations (gains or losses on investments, interest) and in tax; operating income is the closer read of the business itself.
Cash and balance sheet
Free cash flow
−$22.4m
−0% of revenue
Net debt
$3.07b
$778.4m cash and securities, $3.85b debt
Diluted shares
722m
+67% YoY
Valuation at today’s market cap
EV / sales
1.1×
enterprise value $5.64b
EV / operating income
24.7×
10-Q filed Jul 23, 2026 ↗