Financial Statements — FTRE
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 |
|---|
| Cash & Equivalents | 0.15 | 0.13 | 0.08 | 0.10 | 0.11 | 0.13 | 0.09 | 0.11 | 0.11 |
| Total Current Assets | 0.88 | 0.92 | 0.96 | 0.97 | 0.94 | 0.89 | 1.20 | 1.26 | 1.23 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | 0.22 | 0.21 |
| Goodwill | 0.95 | 0.96 | 0.97 | 1.24 | 1.77 | 1.73 | 1.73 | 1.99 | 2.03 |
| Intangible Assets | 0.60 | 0.64 | 0.65 | 0.65 | 0.69 | 0.69 | 0.71 | 0.77 | 0.80 |
| Total Non-current Assets* | 1.80 | 1.82 | 1.88 | 2.15 | 2.73 | 2.68 | 3.04 | 3.06 | 3.12 |
| Total Assets | 2.68 | 2.74 | 2.84 | 3.12 | 3.66 | 3.57 | 4.24 | 4.32 | 4.36 |
| Accounts Payable | 0.07 | 0.05 | 0.09 | 0.11 | 0.14 | 0.14 | 0.13 | 0.13 | 0.11 |
| Total Current Liabilities | 0.93 | 0.91 | 0.94 | 1.00 | 0.80 | 0.75 | 0.82 | 0.77 | 0.75 |
| Long-term Debt | 1.04 | 1.05 | 1.10 | 1.05 | 1.12 | 1.12 | 1.56 | 1.57 | 1.58 |
| Total Non-current Liabilities* | 1.23 | 1.25 | 1.30 | 1.26 | 1.35 | 1.36 | 1.83 | 1.85 | 1.85 |
| Total Liabilities | 2.16 | 2.16 | 2.25 | 2.26 | 2.15 | 2.10 | 2.65 | 2.62 | 2.61 |
| Retained Earnings | (1.41) | (1.35) | (1.33) | (0.96) | (0.34) | (0.31) | (0.17) | (0.01) | -- |
| Total Stockholder Equity | 0.53 | 0.58 | 0.59 | 0.86 | 1.51 | 1.46 | 1.59 | 1.69 | 1.75 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 |
|---|
| Total Revenue | 636.50 | 660.50 | 701.30 | 710.30 | 651.30 | 697.00 | 674.90 | 662.40 | 662.10 | 775.40 | 776.40 | 793.00 |
| Selling, General & Admin | 100.50 | 103.00 | 106.80 | 124.80 | 121.80 | 148.10 | 136.30 | 156.20 | 120.10 | 98.90 | 78.90 | 80.80 |
| Operating Income | (3.40) | (13.60) | (8.60) | (330.30) | (520.10) | (55.60) | (18.00) | (50.90) | (37.40) | (10.70) | 14.00 | 33.80 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.10 | 34.50 | 34.60 | 0.70 |
| Pretax Income | (12.30) | (35.60) | (28.70) | (370.70) | (548.00) | (74.90) | (35.80) | (88.60) | (75.70) | (41.00) | (17.90) | 38.90 |
| Tax Provision | 11.30 | (3.10) | (12.80) | 4.20 | 14.90 | (1.00) | (17.30) | 10.70 | 4.10 | (5.00) | (4.80) | 10.60 |
| Net Income | (23.60) | (32.50) | (15.90) | (374.90) | (562.90) | (61.20) | (27.90) | (138.40) | (101.00) | (36.00) | (13.10) | 28.30 |
| Basic EPS | (0.25) | (0.25) | (0.17) | (4.14) | (6.25) | (0.68) | (0.31) | (1.55) | (1.13) | (0.41) | (0.15) | 0.32 |
| Diluted EPS | (0.25) | (0.25) | (0.17) | (4.14) | (6.25) | (0.68) | (0.31) | (1.55) | (1.13) | (0.41) | (0.15) | 0.32 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 |
|---|
| Operating Cash Flow | (17.00) | 129.10 | 86.80 | 21.80 | (124.20) | 17.10 | (2.40) | 273.70 | (25.60) | 12.40 | 0.80 | 154.20 |
| Capital Expenditures | 8.00 | 7.50 | 7.30 | 7.50 | 2.90 | (3.20) | 8.20 | 11.20 | 9.30 | 9.40 | 5.10 | 25.80 |
| Free Cash Flow* | (25.00) | 121.60 | 79.50 | 14.30 | (127.10) | 20.30 | (10.60) | 262.50 | (34.90) | 3.00 | (4.30) | 128.40 |
| Investing Cash Flow | (8.00) | (7.50) | 13.30 | (7.50) | 16.10 | 3.50 | (8.10) | 265.40 | (9.20) | (9.00) | 2.70 | (25.50) |
| Financing Cash Flow | 0.00 | (75.70) | (50.00) | (39.00) | 88.40 | (1.10) | (14.00) | (504.00) | 21.30 | (4.60) | (7.70) | (126.70) |
* Derived from reported values
