UP: financial statements from SEC

Income statement

Metric	31 Dec 2025	31 Dec 2024
Revenue	736M	792M
Cost of revenue	663M	733M
Research and development	39M	41M
Selling, general and administrative	145M	138M
Operating expenses	940M	1.05B
Operating income	−203M	−259M
Pre-tax income	−291M	−338M
Income tax	4M	1M
Net income	−294M	−340M
Earnings per share	−0.42	−0.49
Earnings per share, diluted	−0.42	−0.49
Weighted average shares	706M	698M
Weighted average shares, diluted	706M	698M

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	54M	134M	125M	107M	172M	216M	149M	175M
Receivables	32M	24M	32M	39M	42M	32M	32M	34M
Inventory	2M	12M	9M	12M	13M	12M	23M	21M
Current assets	165M	249M	248M	234M	299M	332M	271M	289M
Property, plant and equipment	264M	220M	305M	318M	333M	348M	267M	287M
Goodwill	209M	210M	210M	224M	219M	217M	222M	218M
Total assets	916M	969M	973M	1.01B	1.09B	1.16B	1.04B	1.09B
Current liabilities	854M	908M	888M	902M	925M	917M	888M	874M
Short-term debt	22M	19M	30M	32M	32M	32M	30M	21M
Long-term debt	400M	316M	394M	391M	383M	376M	210M	219M
Total liabilities	1.38B	1.36B	1.35B	1.35B	1.37B	1.35B	1.16B	1.16B
Equity	−466M	−392M	−375M	−348M	−288M	−202M	−118M	−72M
Shares outstanding	36M	722M	720M	699M	699M	698M	698M	698M
Shares issued	36M	724M	722M	700M	699M	698M	698M	698M
Treasury shares	93,884	2M	1M	810,309	—	439,451	439,451	393,218

Metric	31 Dec 2025	31 Dec 2024
Operating cash flow	−166M	−78M
Depreciation and amortisation	61M	57M
Share-based compensation	45M	46M
Capital expenditure	94M	123M
Investing cash flow	180M	−47M
Share buybacks	2M	485,000
Financing cash flow	−99M	79M