TLN: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	2.58bn	2.12bn
Selling, general and administrative	624m	163m
Operating income	−90m	226m
Pre-tax income	−166m	1.11bn
Income tax	53m	98m
Net income	−219m	998m
Earnings per share	−4.79	18.40
Earnings per share, diluted	−4.79	17.67
Weighted average shares	46m	54m
Weighted average shares, diluted	46m	56m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	1.03bn	689m	497m	122m	295m	328m	1.13bn	1.12bn
Inventory	244m	278m	263m	224m	219m	302m	297m	280m
Current assets	1.51bn	1.35bn	1.05bn	830m	846m	1.04bn	1.67bn	1.95bn
Property, plant and equipment	7.50bn	7.55bn	3.08bn	3.09bn	3.14bn	3.15bn	3.23bn	3.25bn
Total assets	10.99bn	10.91bn	6.10bn	5.83bn	5.87bn	6.11bn	6.85bn	7.08bn
Current liabilities	1.21bn	1.05bn	457m	452m	522m	455m	408m	433m
Short-term debt	29m	29m	17m	17m	17m	17m	9m	9m
Long-term debt	6.78bn	6.78bn	2.97bn	2.97bn	2.98bn	2.99bn	2.62bn	2.62bn
Total liabilities	9.92bn	9.81bn	4.63bn	4.58bn	4.69bn	4.72bn	4.40bn	4.51bn
Equity	1.07bn	1.09bn	1.47bn	1.25bn	1.18bn	1.39bn	2.45bn	2.57bn
Shares outstanding	45m	46m	46m	46m	46m	46m	51m	53m
Shares issued	45m	46m	46m	46m	46m	46m	51m	53m
Treasury shares	—	—	—	—	—	—	—	5,027

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	704m	256m
Depreciation and amortisation	279m	298m
Share-based compensation	526m	33m
Capital expenditure	98m	85m
Investing cash flow	−4.00bn	1.17bn
Share buybacks	103m	1.96bn
Financing cash flow	3.69bn	−1.96bn