CompanyGraph
What stands out
- Most companies in its industry are interface businesses; this one is a production business
At a glance
- Depends onDownstream position: depends on 23 industries, supplies 5
- ScaleLevered free cash flow is -$300.6M, lower than 95% of all stocks globally
- PositionProfit margin is -109.8%, lower than 95% of its Capital Markets peers (median 37.8%)
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is a production business
Sign in to view price data.
Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
10.30BUSDvs all stocks (USD)
Revenue (TTM)
284.32MUSDvs all stocks (USD)
Profit Margin
-109.77%vs Capital Markets peers
Beta
6.07xvs all stocks
52-Week Change
328.54%vs all stocks
Market Capitalization
10.30BUSDvs all stocks (USD)
Enterprise Value
10.87BUSDvs all stocks (USD)
Forward P/E
-49.23xvs Capital Markets peers
Price to Sales (TTM)
36.22xvs Capital Markets peers
Price to Book (MRQ)
7.46xvs Capital Markets peers
Enterprise to Revenue
38.23xvs Capital Markets peers
Enterprise to EBITDA
-26.06xvs Capital Markets peers
Gross Margin
64.03%vs Capital Markets peers
Profit Margin
-109.77%vs Capital Markets peers
Operating Margin
-521.52%vs Capital Markets peers
Return on Assets (TTM)
-16.22%vs Capital Markets peers
Return on Equity (TTM)
-27.40%vs Capital Markets peers
Revenue (TTM)
284.32MUSDvs all stocks (USD)
Revenue per Share (TTM)
2.65USDUpdated Jul 19, 2026Quarterly Revenue Growth
225.50%vs Capital Markets peers
Gross Profit (TTM)
169.66MUSDvs all stocks (USD)
EBITDA (TTM)
-417.12MUSDvs all stocks (USD)
Net Income (TTM)
-311.40MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-178.40%vs Capital Markets peers
Operating Cash Flow (TTM)
-132.60MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-300.60MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Capital Markets peers
Minority Interest (Equity)
267.55MUSDFY2025 · Dec 31, 2025Revenue
15.08MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
107.77MUSDFY2025 · Dec 31, 2025Gross Profit
-92.69MUSDFY2025 · Dec 31, 2025Operating Income
-317.40MUSDvs all stocks (USD)
Pre-tax Income
-299.83MUSDFY2025 · Dec 31, 2025Income Tax Expense
-51.84MUSDFY2025 · Dec 31, 2025Net Income
-248.00MUSDFY2025 · Dec 31, 2025EBIT
-269.76MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-225.99MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
122.81MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
30.07MUSDFY2025 · Dec 31, 2025Net Income from Continuing Operations
-248.00MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
21.85MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-137.73MUSDFY2025 · Dec 31, 2025Free Cash Flow
-348.79MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
48.61MUSDFY2025 · Dec 31, 2025Income Tax Paid
1.19MUSDFY2025 · Dec 31, 2025Interest Paid
13.56MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-248.00MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
104.51MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-54.65MUSDFY2025 · Dec 31, 2025Stock-based Compensation
57.80MUSDFY2025 · Dec 31, 2025Other Non-cash Items
43.68MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-25.64MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
-5.59MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-9.85MUSDFY2025 · Dec 31, 2025Capital Expenditures
-211.06MUSDFY2025 · Dec 31, 2025Net Intangibles (CF)
-26.01MUSDFY2025 · Dec 31, 2025Net Acquisitions
46.96MUSDFY2025 · Dec 31, 2025Purchase of Investments
-162.69MUSDFY2025 · Dec 31, 2025Other Investing Activity
3.74MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-323.05MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
135.00MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-49.55MUSDFY2025 · Dec 31, 2025Other Financing Charges
12.97MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
856.12MUSDFY2025 · Dec 31, 2025Shares Outstanding
112.55MSharesUpdated Jul 19, 2026Float Shares
86.84MSharesUpdated Jul 19, 2026Shares Short
12.69MSharesUpdated Jul 19, 2026Short Ratio
3.00daysvs all stocks
Short % of Shares Outstanding
12.43%vs all stocks
% Held by Insiders
8.56%vs all stocks
% Held by Institutions
73.27%vs all stocks
Total Cash (MRQ)
160.02MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
1.42USDUpdated Jul 19, 2026Total Debt (MRQ)
422.91MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.2502xvs Capital Markets peers
Current Ratio (MRQ)
0.8580xvs Capital Markets peers
Book Value per Share (MRQ)
12.26USDUpdated Jul 19, 2026Total Assets
2.75BUSDvs all stocks (USD)
Total Current Assets
408.18MUSDFY2025 · Dec 31, 2025Total Liabilities
1.06BUSDFY2025 · Dec 31, 2025Total Non-current Assets
2.35BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
688.67MUSDFY2025 · Dec 31, 2025Total Current Liabilities
375.58MUSDFY2025 · Dec 31, 2025Cash
44.91MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
44.91MUSDFY2025 · Dec 31, 2025Accounts Receivable
31.12MUSDFY2025 · Dec 31, 2025Accounts Payable
15.76MUSDFY2025 · Dec 31, 2025Short-term Debt
202.82MUSDFY2025 · Dec 31, 2025Deferred Revenue
1.46MUSDFY2025 · Dec 31, 2025Other Current Liabilities
126.67MUSDFY2025 · Dec 31, 2025Long-term Debt
226.51MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
332.15MUSDFY2025 · Dec 31, 2025Common Stock (Book)
1.10MUSDFY2025 · Dec 31, 2025Retained Earnings
5.48MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
1.69BUSDvs all stocks (USD)
52-Week Low
18.68USDUpdated Jul 19, 202652-Week High
140.80USDUpdated Jul 19, 202652-Week Change
328.54%vs all stocks
Beta
6.07xvs all stocks
50-Day MA
110.87USDUpdated Jul 19, 2026200-Day MA
66.84USDUpdated Jul 19, 2026Avg 10-Day Volume
3.59MSharesUpdated Jul 19, 2026Avg 30-Day Volume
4.18MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
-2.82USDUpdated Jul 19, 2026Other Income / Expense
47.64MUSDFY2025 · Dec 31, 2025Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Profit margin is -109.8%, lower than 95% of its Capital Markets peers (median 37.8%)Significant
Profit margin: -1.10Industry median: 0.38Industry P5: -0.01Peers compared: 27.00
Return on equity is -27.4%, lower than 95% of its Capital Markets peers (median 9.2%)Significant
Return on equity: -0.27Industry median: 0.09Industry P5: -0.00Peers compared: 27.00
Return on assets is -16.2%, lower than 95% of its Capital Markets peers (median 1.5%)Significant
Return on assets: -0.16Industry median: 0.01Industry P5: 0.00Peers compared: 27.00
Current ratio is 0.86×, lower than 95% of its Capital Markets peers (median 1.5×)Significant
Current ratio: 0.86Industry median: 1.50Industry P5: 1.06Peers compared: 27.00
Structural Tensions
Most companies in its industry are interface businesses; this one is a production businessSignificant
Industry peers: 172Share on the common pattern %: 71.00
High gross margins eroded by operating costsNotable
Gross Margin: 0.64Profit Margin: -1.10
Supply Chain
Downstream position: depends on 23 industries, supplies 5Notable
Outgoing: 5.00Incoming: 23.00
High connectivity hub: 28 industry connectionsNotable
Total Connections: 28.00
Scale
Levered free cash flow is -$300.6M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -300,598,368Global P5: -219,013,500
Market cap is $10.3B, above the global median of $1.15BNotable
Market cap (USD): 10,296,731,542Global Median: 1,146,734,693.424
Companies that share the same coordination system — how they create, deliver, or capture value.
TeraWulf Inc.
Tier 1ProductionPlatform IntermediationFlowRisk
Norwegian Cruise Line Holdings Ltd.
Tier 1ProductionPlatform IntermediationFlowAttention
IREN Limited
Tier 1ProductionPlatform IntermediationFlow
Riot Platforms, Inc.
Tier 1ProductionPlatform IntermediationFlow
MARA Holdings Inc
Tier 1ProductionPlatform IntermediationFlowRisk
CleanSpark, Inc.
Tier 1ProductionPlatform IntermediationFlowRisk
Carnival Corporation
Tier 1ProductionPlatform IntermediationFlowAttention
Viking Holdings Ltd
Tier 1ProductionPlatform IntermediationFlowInterface
Bitfarms Ltd.
Tier 1ProductionPlatform IntermediationFlowRisk
Polaris Bay Group Co. Ltd.
Tier 1ProductionPlatform IntermediationSenseMakingFlow