Financial Statements — WEST
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 |
|---|
| Cash & Equivalents | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.04 | 0.03 | 0.02 | 0.09 | 0.01 |
| Accounts Receivable | 0.08 | 0.08 | 0.10 | 0.09 | 0.08 | 0.10 | 0.10 | 0.09 | 0.10 | 0.10 | 0.12 | 0.10 | 0.10 |
| Inventory | 0.17 | 0.18 | 0.21 | 0.19 | 0.19 | 0.16 | 0.16 | 0.14 | 0.16 | 0.15 | 0.14 | 0.16 | 0.16 |
| Total Current Assets | 0.33 | 0.34 | 0.39 | 0.38 | 0.36 | 0.34 | 0.33 | 0.27 | 0.34 | 0.32 | 0.31 | 0.38 | 0.29 |
| Property, Plant & Equipment | 0.46 | 0.47 | 0.49 | 0.48 | 0.48 | 0.44 | 0.42 | 0.40 | 0.29 | 0.24 | 0.19 | 0.13 | 0.13 |
| Goodwill | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.10 | 0.10 |
| Intangible Assets | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 |
| Total Non-current Assets* | 0.76 | 0.77 | 0.78 | 0.78 | 0.77 | 0.74 | 0.72 | 0.71 | 0.55 | 0.51 | 0.46 | 0.37 | 0.37 |
| Total Assets | 1.09 | 1.12 | 1.18 | 1.16 | 1.14 | 1.08 | 1.06 | 0.98 | 0.89 | 0.82 | 0.77 | 0.75 | 0.66 |
| Accounts Payable | 0.07 | 0.09 | 0.08 | 0.08 | 0.07 | 0.05 | 0.04 | 0.04 | 0.06 | 0.10 | 0.10 | 0.11 | 0.12 |
| Short-term Debt | 0.06 | 0.06 | 0.08 | 0.08 | 0.06 | 0.06 | 0.05 | 0.03 | 0.05 | 0.05 | 0.04 | 0.06 | 0.07 |
| Total Current Liabilities | 0.34 | 0.35 | 0.38 | 0.36 | 0.31 | 0.24 | 0.25 | 0.22 | 0.22 | 0.23 | 0.19 | 0.23 | 0.23 |
| Long-term Debt | 0.37 | 0.38 | 0.38 | 0.38 | 0.36 | 0.33 | 0.28 | 0.22 | 0.21 | 0.24 | 0.22 | 0.16 | 0.30 |
| Total Non-current Liabilities* | 0.50 | 0.51 | 0.51 | 0.50 | 0.48 | 0.45 | 0.45 | 0.40 | 0.27 | 0.33 | 0.29 | 0.22 | 0.34 |
| Total Liabilities | 0.84 | 0.86 | 0.89 | 0.87 | 0.79 | 0.69 | 0.70 | 0.62 | 0.49 | 0.56 | 0.49 | 0.45 | 0.57 |
| Retained Earnings | (0.56) | (0.54) | (0.51) | (0.49) | (0.47) | (0.42) | (0.40) | (0.39) | (0.34) | (0.36) | (0.33) | (0.30) | (0.28) |
| Total Stockholder Equity* | (0.03) | (0.02) | 0.01 | 0.02 | 0.07 | 0.38 | 0.36 | 0.37 | 0.13 | (0.01) | 0.01 | 0.02 | 0.09 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 |
|---|
| Total Revenue | 305.66 | 308.83 | 339.47 | 354.83 | 280.86 | 213.80 | 228.98 | 220.86 | 208.39 | 192.50 | 214.97 | 219.61 | 224.69 | 205.44 | 227.72 | 230.31 | 223.41 |
| Cost of Revenue | 267.91 | 263.06 | 300.58 | 313.42 | 239.46 | 184.72 | 190.97 | 183.78 | 166.99 | 155.23 | 180.15 | 184.55 | 189.02 | 171.14 | 193.43 | 189.17 | 184.52 |
| Gross Profit | 37.75 | 45.77 | 38.89 | 41.40 | 41.40 | 29.07 | 38.01 | 37.09 | 41.40 | 37.27 | 34.82 | 35.07 | 35.68 | 34.30 | 34.30 | 41.14 | 38.90 |
| Selling, General & Admin | 35.97 | 37.85 | 44.20 | 47.00 | 53.93 | 40.34 | 42.96 | 46.13 | 51.61 | 44.44 | 39.24 | 37.05 | 34.17 | 34.12 | 28.65 | 31.22 | 35.05 |
| Total Operating Expenses | 39.10 | 42.61 | 47.64 | 50.03 | 56.41 | 42.14 | 47.85 | 49.83 | 57.81 | 47.41 | 41.12 | 40.44 | 37.07 | 41.66 | 33.26 | 35.64 | 37.54 |
| Operating Income | (1.35) | 3.16 | (8.74) | (8.63) | (15.01) | (13.07) | (9.84) | (12.74) | (16.41) | (10.13) | (6.30) | (5.37) | (1.39) | (7.36) | 1.03 | 5.50 | 1.36 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7.58 | 7.94 | 7.80 | 7.39 | 6.03 | 5.23 | 13.40 | 8.81 |
| Pretax Income | (14.22) | (9.88) | (24.63) | (21.66) | (25.44) | (25.39) | (22.09) | (14.14) | (22.35) | (17.80) | (23.06) | 11.42 | (20.57) | (8.68) | (28.30) | (13.45) | (7.32) |
| Tax Provision | (0.40) | 1.96 | (3.08) | (0.12) | (0.37) | 1.83 | 2.47 | 0.08 | (4.64) | 5.82 | (3.03) | (5.21) | 6.24 | (4.36) | 3.62 | (0.43) | (1.50) |
| Net Income | (13.66) | (8.53) | (22.56) | (19.10) | (21.56) | (27.22) | (24.61) | (14.26) | (17.76) | (23.67) | (20.05) | 16.62 | (26.81) | (4.34) | (31.60) | (13.00) | (5.71) |
| Basic EPS | (0.14) | (0.09) | (0.22) | (0.20) | (0.23) | (0.29) | (0.26) | (0.16) | (0.20) | (0.27) | (0.17) | 0.15 | (0.35) | (0.06) | (0.48) | (0.41) | (0.04) |
| Diluted EPS | (0.14) | (0.09) | (0.22) | (0.20) | (0.23) | (0.29) | (0.26) | (0.16) | (0.20) | (0.27) | (0.10) | 0.15 | (0.35) | (0.13) | (0.48) | (0.41) | (0.04) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 |
|---|
| Operating Cash Flow | 26.66 | (11.76) | 36.69 | (26.63) | (6.95) | (22.12) | 2.78 | (0.33) | (23.67) | 7.98 | 11.07 | (39.46) | (10.54) | (25.13) | 2.91 | (12.56) | (46.97) |
| Capital Expenditures | 6.51 | 7.10 | 8.91 | 18.06 | 20.54 | 41.29 | 18.17 | 36.35 | 36.19 | 68.91 | 43.07 | 65.80 | 36.12 | 19.63 | 40.30 | 7.80 | 15.16 |
| Free Cash Flow* | 20.16 | (18.86) | 27.77 | (44.69) | (27.49) | (63.41) | (15.39) | (36.68) | (59.86) | (60.93) | (32.00) | (105.26) | (46.66) | (44.76) | (37.39) | (20.36) | (62.14) |
| Investing Cash Flow | (2.71) | (2.62) | (4.01) | (14.17) | (23.22) | (40.78) | (5.55) | (35.61) | (35.82) | (68.94) | (43.08) | (67.10) | (36.15) | (22.03) | (54.37) | (6.84) | (12.96) |
| Financing Cash Flow | (17.61) | (14.62) | (10.03) | 36.85 | 37.60 | 72.28 | 5.27 | 42.96 | 71.44 | 36.97 | 21.07 | 126.76 | 50.01 | 46.38 | (17.51) | 96.91 | 55.28 |
* Derived from reported values
