| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 1,381.0 | 1,286.0 | 1,558.0 | 1,303.0 | 1,240.0 | 1,734.0 | 874.0 | 1,158.0 | 1,204.0 | 1,315.0 | 1,337.0 | 1,121.0 | 661.0 | 663.0 | 536.0 | 364.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 5,528.0 | 5,387.0 | 4,970.0 | 4,434.0 | 1,658.0 | 55.0 | 0.0 | 0.0 |
| Cost of Revenue | 5,471.0 | 5,243.0 | 6,170.0 | 6,464.0 | 4,781.0 | 520.0 | 0.0 | 0.0 |
| Gross Profit | 57.0 | 144.0 | (1,200.0) | (2,030.0) | (3,123.0) | (465.0) | 0.0 | 0.0 |
| Operating Expenses | ||||||||
| Research & Development | 1,745.0 | 1,668.0 | 1,613.0 | 1,995.0 | 1,944.0 | 1,850.0 | 766.0 | 301.0 |
| Selling General & Administrative | 2,123.0 | 2,061.0 | 1,876.0 | 1,714.0 | ||||
| Operating Income | ||||||||
| Operating Income | (3,811.0) | (3,585.0) | (4,689.0) | (5,739.0) | (6,856.0) | (4,220.0) | (1,021.0) | (409.0) |
| Non-Operating | ||||||||
| Interest Income | 262.0 | 293.0 | 385.0 | 522.0 | 193.0 | 3.0 | 10.0 | 18.0 |
| Interest Expense | 267.0 | 274.0 | 318.0 | 220.0 | 103.0 | 29.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 2.0 | 6.0 | 5.0 | 1.0 | 4.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (3,501.0) | (3,626.0) | (4,746.0) | (5,432.0) | (6,752.0) | |||
| Per Share | ||||||||
| EPS Basic | (2.82) | (3.07) | (4.69) | (5.74) | (7.40) | (22.98) | (10.09) | (4.35) |
| EPS Diluted | (2.82) | (3.07) | (4.69) | (5.74) | (7.40) | (22.98) | ||
| Supplementary Data | ||||||||
| EBITDA | (3,033.0) | (2,801.0) | (3,658.0) | (4,802.0) | (6,204.0) | (4,023.0) | (992.0) | (402.0) |
| EBIT | (3,811.0) | (3,585.0) | (4,689.0) | (5,739.0) | (6,856.0) | (4,220.0) | ||
| 95.0 |
| 54.0 |
| 1.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| Cost of Revenue | 1,262.0 | 1,166.0 | 1,534.0 | 1,509.0 | 1,034.0 | 1,564.0 | 1,266.0 | 1,609.0 | 1,731.0 | 1,921.0 | 1,814.0 | 1,533.0 | 1,196.0 | 1,663.0 | 1,453.0 | 1,068.0 | 597.0 | 437.0 | 83.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Gross Profit | 119.0 | 120.0 | 24.0 | (206.0) | 206.0 | 170.0 | (392.0) | (451.0) | (527.0) | (606.0) | (477.0) | (412.0) | (535.0) | (1,000.0) | (917.0) | (704.0) | (502.0) | (383.0) | (82.0) | 0.0 | 0.0 | - | 0.0 | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 458.0 | 424.0 | 453.0 | 410.0 | 381.0 | 374.0 | 350.0 | 428.0 | 461.0 | 526.0 | 529.0 | 444.0 | 496.0 | 402.0 | 452.0 | 543.0 | 547.0 | 726.0 | 441.0 | 394.0 | 289.0 | - | 220.0 | - | - |
| Selling General & Administrative | 542.0 | 529.0 | 554.0 | 498.0 | 480.0 | 457.0 | 427.0 | 496.0 | 496.0 | 449.0 | 434.0 | 429.0 | 402.0 | 393.0 | 405.0 | 461.0 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 194.0 | 223.0 | 175.0 | 186.0 | 200.0 | 234.0 | 248.0 | 269.0 | 280.0 | 278.0 | 252.0 | 219.0 | 188.0 | 201.0 | 172.0 | 161.0 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 1,000.0 | 953.0 | 1,007.0 | 908.0 | 861.0 | 831.0 | 777.0 | 924.0 | 957.0 | 975.0 | 963.0 | 873.0 | 898.0 | 795.0 | 857.0 | ||||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (881.0) | (833.0) | (983.0) | (1,114.0) | (655.0) | (661.0) | (1,169.0) | (1,375.0) | (1,484.0) | (1,581.0) | (1,440.0) | (1,285.0) | (1,433.0) | (1,795.0) | (1,774.0) | (1,708.0) | (1,579.0) | (2,454.0) | (776.0) | (580.0) | (410.0) | - | (288.0) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 50.0 | 64.0 | 76.0 | 72.0 | 81.0 | 83.0 | 95.0 | 95.0 | 112.0 | 131.0 | 126.0 | 141.0 | 124.0 | 99.0 | 69.0 | 22.0 | 3.0 | 1.0 | 1.0 | 0.0 | 1.0 | - | 1.0 | - | - |
| Interest Expense | 65.0 | 64.0 | 69.0 | 69.0 | 72.0 | 81.0 | 87.0 | 75.0 | 75.0 | 73.0 | 55.0 | 54.0 | 38.0 | 33.0 | 24.0 | 24.0 | 22.0 | 22.0 | |||||||
| Income From Equity Investments | 506.0 | - | - | - | 101.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | 478.0 | 32.0 | (191.0) | (2.0) | 107.0 | 1.0 | 1.0 | (11.0) | 2.0 | 2.0 | 2.0 | 3.0 | (1.0) | 6.0 | 6.0 | 1.0 | 5.0 | ||||||||
| Pre-Tax Income | (418.0) | (801.0) | (1,167.0) | (1,113.0) | (539.0) | (740.0) | (1,100.0) | (1,456.0) | (1,445.0) | (1,521.0) | (1,367.0) | (1,195.0) | (1,348.0) | (1,723.0) | (1,723.0) | (1,709.0) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (2.0) | 3.0 | (1.0) | 2.0 | 2.0 | 3.0 | 0.0 | 1.0 | 1.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 1.0 | 3.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (416.0) | (804.0) | (1,166.0) | (1,115.0) | (541.0) | (743.0) | (1,100.0) | (1,457.0) | (1,446.0) | (1,521.0) | (1,367.0) | (1,195.0) | (1,349.0) | (1,723.0) | (1,724.0) | (1,712.0) | (1,593.0) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (416.0) | (804.0) | (1,166.0) | (1,115.0) | (541.0) | (743.0) | (1,100.0) | (1,457.0) | (1,446.0) | (1,521.0) | (1,367.0) | (1,195.0) | (1,349.0) | (1,723.0) | (1,724.0) | (1,712.0) | |||||||||
| Net Income Attributable To Parent | (416.0) | (811.0) | (1,173.0) | (1,117.0) | (545.0) | (744.0) | (1,100.0) | (1,457.0) | (1,446.0) | (1,521.0) | (1,367.0) | (1,195.0) | (1,349.0) | (1,723.0) | (1,724.0) | (1,712.0) | |||||||||
| Less: Minority Interest | 0.0 | 7.0 | 7.0 | 2.0 | 4.0 | 1.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (416.0) | (811.0) | (1,173.0) | (1,117.0) | (545.0) | (744.0) | (1,100.0) | (1,457.0) | (1,446.0) | (1,521.0) | (1,367.0) | (1,195.0) | (1,349.0) | (1,723.0) | (1,724.0) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.96) | (0.97) | (0.48) | - | (1.08) | (1.46) | (1.48) | - | (1.44) | (1.27) | (1.45) | - | (1.88) | (1.89) | (1.77) | - | (12.21) | (5.74) | (4.10) | - | (2.88) | - | - |
| EPS Diluted | (0.33) | - | (0.96) | (0.97) | (0.48) | - | (1.08) | (1.46) | (1.48) | - | (1.44) | (1.27) | (1.45) | - | (1.88) | (1.89) | (1.77) | - | |||||||
| Shares Basic | 1,249.0 | - | 1,220.0 | 1,155.0 | 1,137.0 | - | 1,014.0 | 1,001.0 | 978.0 | - | 952.0 | 942.0 | 930.0 | - | 918.0 | 908.0 | 901.0 | - | |||||||
| Shares Diluted | 1,249.0 | - | 1,220.0 | 1,155.0 | 1,137.0 | - | 1,014.0 | 1,001.0 | 978.0 | - | 952.0 | 942.0 | 930.0 | - | 918.0 | 908.0 | 901.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (687.0) | (610.0) | (808.0) | (928.0) | (455.0) | (427.0) | (921.0) | (1,106.0) | (1,204.0) | (1,303.0) | (1,188.0) | (1,066.0) | (1,245.0) | (1,594.0) | (1,602.0) | (1,547.0) | (1,461.0) | (2,341.0) | (727.0) | (559.0) | (396.0) | - | (281.0) | - | - |
| EBIT | (881.0) | (833.0) | (983.0) | (1,114.0) | (655.0) | (661.0) | (1,169.0) | (1,375.0) | (1,484.0) | (1,581.0) | (1,440.0) | (1,285.0) | (1,433.0) | (1,795.0) | (1,774.0) | (1,708.0) | (1,579.0) | (2,454.0) | |||||||
| 1,789.0 |
| 1,242.0 |
| 255.0 |
| 108.0 |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 778.0 | 784.0 | 1,031.0 | 937.0 | 652.0 | 197.0 | 29.0 | 7.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 3,868.0 | 3,729.0 | 3,489.0 | 3,709.0 | 3,733.0 | 3,755.0 | 1,021.0 | 409.0 |
| 8.0 |
| 34.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 317.0 | (54.0) | (7.0) | 6.0 | 18.0 | (1.0) | 1.0 | (1.0) |
| Pre-Tax Income | (3,499.0) | (3,620.0) | (4,741.0) | (5,431.0) | (6,748.0) | (4,688.0) | (1,018.0) | (426.0) |
| (4,688.0) |
| (1,018.0) |
| (426.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (3,501.0) | (3,626.0) | (4,746.0) | (5,432.0) | (6,752.0) | (4,688.0) | (1,018.0) | (426.0) |
| Net Income Attributable To Parent | (3,517.0) | (3,646.0) | (4,747.0) | (5,432.0) | (6,752.0) | (4,688.0) | (1,018.0) | (426.0) |
| Less: Minority Interest | 16.0 | 20.0 | 1.0 | 0.0 | 0.0 | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (3,517.0) | (3,646.0) | (4,747.0) | (5,432.0) | (6,752.0) | (4,688.0) | (1,019.0) | (426.0) |
| (10.09) |
| (4.35) |
| Shares Basic | 1,249.0 | 1,186.0 | 1,013.0 | 947.0 | 913.0 | 204.0 | 101.0 | 98.0 |
| Shares Diluted | 1,249.0 | 1,186.0 | 1,013.0 | 947.0 | 913.0 | 204.0 | 101.0 | 98.0 |
| (1,021.0) |
| (409.0) |
| 530.0 |
| 682.0 |
| 253.0 |
| 186.0 |
| 121.0 |
| - |
| 68.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 118.0 |
| 113.0 |
| 49.0 |
| 21.0 |
| 14.0 |
| - |
| 7.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1,004.0 |
| 1,077.0 |
| 2,071.0 |
| 694.0 |
| 580.0 |
| 410.0 |
| - |
| 288.0 |
| - |
| - |
| 1.0 |
| 1.0 |
| 5.0 |
| - |
| 2.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.0) |
| 1.0 |
| 1.0 |
| 0.0 |
| - |
| 1.0 |
| - |
| - |
| (1,593.0) |
| (2,461.0) |
| (1,233.0) |
| (580.0) |
| (414.0) |
| - |
| (288.0) |
| - |
| - |
| (2,461.0) |
| (1,233.0) |
| (580.0) |
| (414.0) |
| (353.0) |
| (288.0) |
| (200.0) |
| (177.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1,593.0) |
| (2,461.0) |
| (1,233.0) |
| (580.0) |
| (414.0) |
| (353.0) |
| (288.0) |
| (200.0) |
| (177.0) |
| (1,593.0) |
| (2,461.0) |
| (1,233.0) |
| (580.0) |
| (414.0) |
| (353.0) |
| (288.0) |
| (200.0) |
| (177.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1,712.0) |
| (1,593.0) |
| (2,461.0) |
| (1,233.0) |
| (580.0) |
| (414.0) |
| (354.0) |
| (288.0) |
| (200.0) |
| (177.0) |
| (12.21) |
| (5.74) |
| (4.10) |
| - |
| (2.88) |
| - |
| - |
| 101.0 |
| 101.0 |
| 101.0 |
| - |
| 100.0 |
| - |
| - |
| 101.0 |
| 101.0 |
| 101.0 |
| - |
| 100.0 |
| - |
| - |
| (776.0) |
| (580.0) |
| (410.0) |
| - |
| (288.0) |
| - |
| - |