| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | — | -13.5% | — |
| Op. Income | $100M | $172M | — | -41.8% | — |
| Gross Margin | 35.7% | 36.0% | — | -0.4pp | — |
| Net Margin | 5.2% | 7.8% | — | -2.7pp | — |
| EPS (Diluted) | $1.05 | $1.85 | — | -43.2% | — |
| Free Cash Flow | -$14M | $22M | — | -162.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $890M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $393M |
| Other Expenses | $0 |
| Operating Expenses | $393M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $31M |
| EBIT | $103M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $890M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $393M |
| Other Expenses | $0 |
| Operating Expenses | $393M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $31M |
| EBIT | $103M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $1.7B |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.8B |
| Goodwill | $862M |
| Intangible Assets | $580M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $794M |
| Short-Term Debt | $128M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $306M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $481M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $273M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $667.0K |
| Additional Paid-In Capital | $264M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
