Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 93.3B | 96.1B | 105.1B | 115.6B | 131.1B |
| Cost of Revenue | 95.7B | 97.3B | 108.8B | 116.1B | 128.0B |
| Gross Profit | (2.4B) | (1.2B) | (3.7B) | (498.0M) | 3.0B |
| Operating Expenses | |||||
| R&D Expense | 431.6M | 478.0M | 468.0M | 493.0M | 727.0M |
| SG&A Expense | 361.0M | — | — | — | — |
| General & Admin Expense | 1.1B | 1.1B | 1.3B | 1.7B | 1.3B |
| Selling & Marketing Expense | 517.0M | 534.0M | 560.0M | 633.0M | 600.0M |
| Other Expenses | 212.6M | — | — | — | — |
| Total Operating Expenses | 3.1B | 3.4B | 3.5B | 3.9B | 4.2B |
| Cost and Expenses | 98.8B | 100.6B | 112.3B | 120.0B | 132.2B |
| Operating Income (EBIT) | (5.1B) | (3.9B) | (7.0B) | (4.1B) | (218.0M) |
| Non-Operating | |||||
| Interest Income | 39.8M | — | — | — | — |
| Interest Expense | 137.4M | — | — | — | — |
| Net Interest Income | (97.6M) | — | — | — | — |
| Other Non-Op Income/Expense | 364.4M | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (4.7B) | (3.9B) | (7.0B) | (4.1B) | (269.0M) |
| Income Tax Expense | 108.9M | 99.0M | 59.0M | (916.0M) | (407.0M) |
| Bottom Line | |||||
| Net Income | (5.0B) | (4.1B) | (7.1B) | (3.3B) | 108.0M |
| Earnings from Cont. Ops | (4.9B) | (4.0B) | (7.1B) | (3.2B) | 138.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (5.0B) | (4.1B) | (7.1B) | (3.3B) | 108.0M |
| Per Share | |||||
| Basic EPS | ($0.53) | ($0.43) | ($0.76) | ($0.35) | $0.01 |
| Diluted EPS | ($0.53) | ($0.43) | ($0.76) | ($0.35) | $0.01 |
| Revenue Per Share | $9.95 | $10.25 | $11.20 | $12.32 | $13.35 |
| Shares | |||||
| Basic Shares Outstanding | 9.4B | 9.4B | 9.4B | 9.4B | 9.8B |
| Diluted Shares Outstanding | 9.4B | 9.4B | 9.4B | 9.4B | 9.8B |
| Profitability Metrics | |||||
| EBITDA | 248.4M | 384.0M | (2.9B) | (524.0M) | 3.5B |
| D&A | 1.1B | 4.3B | 4.0B | 3.6B | 3.7B |
| EBIT | (889.2M) | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026