| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $761M | — | $747M | — | 1.9% |
| Op. Income | $40M | — | $86M | — | -53.7% |
| Gross Margin | 32.3% | — | 34.8% | — | -2.4pp |
| Net Margin | 2.2% | — | 6.5% | — | -4.2pp |
| EPS (Diluted) | $0.18 | — | $0.52 | — | -65.4% |
| Free Cash Flow | $125M | — | $82M | — | 53.9% |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $515M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $33M |
| Operating Expenses | $206M |
| Cost & Expenses | $721M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $47M |
| EBIT | $73M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $515M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $33M |
| Operating Expenses | $206M |
| Cost & Expenses | $721M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $47M |
| EBIT | $73M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | $147M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $0 |
| Net Receivables | $435M |
| Inventory | $367M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.8B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $195M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $410M |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $846M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $286M |
| Other Non-Current Liabilities | $585M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $2.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $12M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $1.9B |
| Net Debt | $1.4B |
