Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 517 M461 M483 M421 M469 M 1.83 B Research & development 170 M164 M182 M174 M174 M 694 M Operating income 127 M-903 M198 M226 M97 M -382 M Non-Operating Income, Total -151 M-40 M-20 M-31 M-47 M -138 M Interest expense, net of interest capitalized 4 M71 M61 M48 M3 M 183 M Non-Operating Income, excl. Interest Expenses -17 M-91 M-71 M-65 M-29 M -256 M Unusual income/expense -138 M-20 M-10 M-14 M-21 M -65 M Pretax income -115 M-994 M534 M56 M-8 M -412 M Equity in earnings ————— — Taxes -70 M23 M-78 M15 M-13 M -53 M Non-controlling/minority interest 01 M01 M0 2 M After tax other income/expense ————— — Net income before discontinued operations -45 M-1.02 B612 M40 M5 M -361 M Discontinued operations ————— — Net income -45 M-1.02 B612 M40 M5 M -361 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -46 M-1.02 B612 M40 M5 M -361 M Basic earnings per share (Basic EPS) -0.18-3.982.390.160.02 -1.41 Diluted earnings per share (Diluted EPS) -0.17-3.982.380.160.03 -1.41 Average basic shares outstanding 256 M256 M256 M256 M256 M 1.02 B Diluted shares outstanding 256 M256 M257 M257 M256 M 1.03 B EBITDA 459 M-915 M143 M110 M-1.38 B -2.04 B EBIT 216 M-1.15 B-99 M-137 M-1.62 B -3 B Cost of revenue 1.79 B1.81 B1.73 B1.71 B1.7 B 6.95 B Other cost of goods sold ————— — Depreciation & amortization (cash flow) 243 M236 M242 M247 M237 M 962 M