| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.7B | $7.6B | $6.8B | 1.7% | 13.0% |
| Op. Income | $179M | $191M | $175M | -6.1% | 2.1% |
| Gross Margin | 10.8% | 11.2% | 11.5% | -0.4pp | -0.7pp |
| Net Margin | 1.4% | 2.5% | 1.5% | -1.1pp | -0.1pp |
| EPS (Diluted) | $2.09 | $3.59 | $1.88 | -41.8% | 11.2% |
| Free Cash Flow | -$238M | -$225M | $62M | -6.0% | -483.8% |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $835M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $589M |
| SG&A Expenses | $588M |
| Other Expenses | $68M |
| Operating Expenses | $656M |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $33M |
| EBIT | $195M |
| EBITDA | $228M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $835M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $589M |
| SG&A Expenses | $588M |
| Other Expenses | $68M |
| Operating Expenses | $656M |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $33M |
| EBIT | $195M |
| EBITDA | $228M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | -$10M |
| Deferred Income Tax | -$66.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$408M |
| OPERATING CASH FLOW | -$282M |
| Capital Expenditure | $44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$199M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $307M |
| Common Stock Repurchased | -$406.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $307M |
| FREE CASH FLOW | -$238M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $15.7B |
| Inventory | $4.7B |
| Other Current Assets | $540M |
| TOTAL CURRENT ASSETS | $21.1B |
| PP&E (Net) | $476M |
| Goodwill | $2.1B |
| Intangible Assets | $82M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $655M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $13.1B |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.4B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $56M |
| Additional Paid-In Capital | $580M |
| Retained Earnings | $6.4B |
| Treasury Stock | -$433M |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $75M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
