Business 12 months to Jun 2026 · SEC EDGAR
Results
Operating income
−$222.9m
-22% margin
Net income
−$383.6m
-38% margin
Net income is $160.7m 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
−$184.8m
−19% of revenue
Net debt
$470.8m
$79.1m cash and securities, $549.9m debt
Diluted shares
280m
+80% YoY
Valuation at today’s market cap
EV / sales
1.5×
enterprise value $1.48b
10-Q filed Aug 12, 2026 ↗