Business 12 months to Jun 2026 · SEC EDGAR
Results
Operating income
$88.0m
2% margin · −34% YoY
Net income
−$185.0m
-5% margin
Net income is $273.0m 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
$568.0m
15% of revenue
Net debt
$9.34b
$231.0m cash and securities, $9.57b debt
Valuation at today’s market cap
EV / sales
6.8×
enterprise value $26.58b
EV / operating income
302×
10-Q filed Aug 5, 2026 ↗