| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $968M | 17.1% | 21.7% |
| Op. Income | $140M | $110M | $145M | 26.9% | -3.8% |
| Gross Margin | 48.4% | 46.5% | 46.7% | 1.9pp | 1.7pp |
| Net Margin | 8.3% | 7.7% | 11.8% | 0.6pp | -3.4pp |
| EPS (Diluted) | $3.12 | $2.44 | $3.62 | 27.9% | -13.8% |
| Free Cash Flow | $192M | $50M | $141M | 286.9% | 36.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $608M |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $401M |
| SG&A Expenses | $401M |
| Other Expenses | $30M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $140M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $35M |
| EBIT | $140M |
| EBITDA | $175M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $608M |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $401M |
| SG&A Expenses | $401M |
| Other Expenses | $30M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $140M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $35M |
| EBIT | $140M |
| EBITDA | $175M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $207M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$182M |
| FREE CASH FLOW | $192M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $372M |
| Short-Term Investments | $0 |
| Net Receivables | $609M |
| Inventory | $486M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $402M |
| Goodwill | $1.5B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $21M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $409M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $800M |
| Long-Term Debt | $997M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.1B |
| Net Debt | $714M |
