CompanyGraph
What stands out
- Most companies in its industry are interface businesses; this one is an attention business
At a glance
- Depends onDownstream position: depends on 8 industries, supplies 5
- ScaleMarket cap is $7.51B, above the global median of $1.15B
- PositionDebt-to-equity is 2.02×, higher than 95% of its Internet Content & Information peers (median 0.09×)
- Interpretations5 currently firing — 5
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 an attention business
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
7.51BUSDvs all stocks (USD)
Revenue (TTM)
6.10BUSDvs all stocks (USD)
Profit Margin
-6.72%vs Internet Content & Information peers
Beta
1.05xvs all stocks
52-Week Change
-54.15%vs all stocks
Market Capitalization
7.51BUSDvs all stocks (USD)
Enterprise Value
8.89BUSDvs all stocks (USD)
Forward P/E
6.11xvs Internet Content & Information peers
Price to Sales (TTM)
1.23xvs Internet Content & Information peers
Price to Book (MRQ)
3.69xvs Internet Content & Information peers
Enterprise to Revenue
1.46xvs Internet Content & Information peers
Enterprise to EBITDA
-36.69xvs Internet Content & Information peers
Gross Margin
56.49%vs Internet Content & Information peers
Profit Margin
-6.72%vs Internet Content & Information peers
Operating Margin
-4.87%vs Internet Content & Information peers
Return on Assets (TTM)
-3.42%vs Internet Content & Information peers
Return on Equity (TTM)
-18.65%vs Internet Content & Information peers
Revenue (TTM)
6.10BUSDvs all stocks (USD)
Revenue per Share (TTM)
3.60USDUpdated Jul 19, 2026Quarterly Revenue Growth
12.10%vs Internet Content & Information peers
Gross Profit (TTM)
3.40BUSDvs all stocks (USD)
EBITDA (TTM)
-242.16MUSDvs all stocks (USD)
Net Income (TTM)
-409.85MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
12.15%vs Internet Content & Information peers
Operating Cash Flow (TTM)
831.34MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
673.41MUSDvs 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 Internet Content & Information peers
Revenue
5.93BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
2.67BUSDFY2025 · Dec 31, 2025Gross Profit
3.26BUSDFY2025 · Dec 31, 2025Operating Income
-532.17MUSDvs all stocks (USD)
Pre-tax Income
-451.14MUSDFY2025 · Dec 31, 2025Income Tax Expense
9.35MUSDFY2025 · Dec 31, 2025Net Income
-460.49MUSDFY2025 · Dec 31, 2025EBIT
-329.14MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-165.50MUSDFY2025 · Dec 31, 2025Research & Development
1.79BUSDFY2025 · Dec 31, 2025Selling, General & Administrative
2.00BUSDFY2025 · Dec 31, 2025Non-operating Interest Income
134.16MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
122.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.2700USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.2700USDFY2025 · Dec 31, 2025Basic Shares Outstanding
1.69BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
1.69BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-460.49MUSDFY2025 · Dec 31, 2025Operating Cash Flow
789.89MUSDFY2025 · Dec 31, 2025Free Cash Flow
570.91MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.03BUSDFY2025 · Dec 31, 2025Income Tax Paid
26.72MUSDFY2025 · Dec 31, 2025Interest Paid
65.06MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-460.49MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
163.63MUSDFY2025 · Dec 31, 2025Stock-based Compensation
1.02BUSDFY2025 · Dec 31, 2025Other Non-cash Items
33.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-31.83MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
45.92MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
22.84MUSDFY2025 · Dec 31, 2025Capital Expenditures
-218.98MUSDFY2025 · Dec 31, 2025Net Acquisitions
-35.50MUSDFY2025 · Dec 31, 2025Purchase of Investments
-1.30BUSDFY2025 · Dec 31, 2025Sale of Investments
1.73BUSDFY2025 · Dec 31, 2025Other Investing Activity
-3.58MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
173.12MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
2.01BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-2.03BUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-750.87MUSDFY2025 · Dec 31, 2025Other Financing Charges
-81.04MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-848.50MUSDFY2025 · Dec 31, 2025Shares Outstanding
1.70BSharesUpdated Jul 19, 2026Float Shares
1.09BSharesUpdated Jul 19, 2026Shares Short
113.13MSharesUpdated Jul 19, 2026Short Ratio
2.37daysvs all stocks
Short % of Shares Outstanding
10.29%vs all stocks
% Held by Insiders
22.58%vs all stocks
% Held by Institutions
46.36%vs all stocks
Total Cash (MRQ)
2.82BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
1.70USDUpdated Jul 19, 2026Total Debt (MRQ)
4.20BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
2.02xvs Internet Content & Information peers
Current Ratio (MRQ)
3.52xvs Internet Content & Information peers
Book Value per Share (MRQ)
1.23USDUpdated Jul 19, 2026Total Assets
7.68BUSDvs all stocks (USD)
Total Current Assets
4.58BUSDFY2025 · Dec 31, 2025Total Liabilities
5.40BUSDFY2025 · Dec 31, 2025Total Non-current Assets
3.09BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
4.11BUSDFY2025 · Dec 31, 2025Total Current Liabilities
1.29BUSDFY2025 · Dec 31, 2025Cash
399.57MUSDFY2025 · Dec 31, 2025Cash Equivalents
630.86MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.03BUSDFY2025 · Dec 31, 2025Other Short-term Investments
1.91BUSDFY2025 · Dec 31, 2025Accounts Receivable
1.37BUSDFY2025 · Dec 31, 2025Accounts Payable
219.79MUSDFY2025 · Dec 31, 2025Short-term Debt
95.45MUSDFY2025 · Dec 31, 2025Deferred Revenue
149.00MUSDFY2025 · Dec 31, 2025Other Current Liabilities
220.23MUSDFY2025 · Dec 31, 2025Long-term Debt
4.05BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
61.76MUSDFY2025 · Dec 31, 2025Common Stock (Book)
17.00KUSDFY2025 · Dec 31, 2025Retained Earnings
-13.95BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
2.28BUSDvs all stocks (USD)
Treasury Stock
435.72MUSDFY2025 · Dec 31, 202552-Week Low
3.81USDUpdated Jul 19, 202652-Week High
10.41USDUpdated Jul 19, 202652-Week Change
-54.15%vs all stocks
Beta
1.05xvs all stocks
50-Day MA
5.23USDUpdated Jul 19, 2026200-Day MA
6.34USDUpdated Jul 19, 2026Avg 10-Day Volume
33.39MSharesUpdated Jul 19, 2026Avg 30-Day Volume
43.62MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
-0.2400USDUpdated Jul 19, 2026Other Income / Expense
68.87MUSDFY2025 · Dec 31, 20255 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Debt Financing Activity
More cash moved through borrowing and repaying than through the business itself, and most of its debt is long-term.
Reads
How does this company use capital?
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Where is this company structurally exposed?
Within or Near the Altman Distress Zone
Debt is a large share of its assets, and large against its cash flow.
Reads
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 2.02×, higher than 95% of its Internet Content & Information peers (median 0.09×)Significant
Debt-to-equity: 2.02Industry median: 0.09Industry P95: 1.22Peers compared: 25.00
Structural Tensions
Most companies in its industry are interface businesses; this one is an attention businessSignificant
Industry peers: 70.00Share on the common pattern %: 76.00
High gross margins eroded by operating costsNotable
Gross Margin: 0.56Profit Margin: -0.07
Significant cash reserves alongside high leverageNotable
Cash (USD): 2,822,883,072Total Debt (USD): 4,201,579,008Debt-to-Equity: 2.02
Looks liquid, but the distress score says otherwiseNotable
Current Ratio: 3.52Altman Z-Score: -0.56
Financial Health
Altman Z-Score -0.56: distress zoneCritical
Altman Z-Score: -0.56
Supply Chain
Downstream position: depends on 8 industries, supplies 5Notable
Outgoing: 5.00Incoming: 8.00
High connectivity hub: 13 industry connectionsNotable
Total Connections: 13.00
Scale
Market cap is $7.51B, above the global median of $1.15BNotable
Market cap (USD): 7,506,939,031Global Median: 1,146,734,693.424
Revenue is $6.1B, above the global median of $520.53MNotable
Revenue (USD): 6,097,020,928Global Median: 520,528,949.311
Levered free cash flow is $673.41M, above the global median of $16.24MNotable
Levered free cash flow (USD): 673,405,888Global Median: 16,239,329.704
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Companies that share active interpretations — structural patterns currently present in both stocks.
Kosmos Energy Ltd.
4 interpretationsDebt Financing ActivityElevated Leverage on Three DenominatorsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone
WildBrain Ltd.
4 interpretationsElevated Leverage on Three DenominatorsFCF Ratios ElevatedUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone
Venture Global Inc.
4 interpretationsDebt Financing ActivityElevated Leverage on Three DenominatorsUlcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility ElevatedWithin or Near the Altman Distress Zone