| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.6B | 2.9% | -1.0% |
| Op. Income | $161M | $157M | $218M | 2.5% | -26.1% |
| Gross Margin | 41.3% | 41.3% | 43.5% | -0.0pp | -2.2pp |
| Net Margin | 4.8% | 4.1% | 6.6% | 0.7pp | -1.8pp |
| EPS (Diluted) | $0.36 | $0.30 | $0.48 | 20.0% | -25.0% |
| Free Cash Flow | -$1M | -$99M | -$164M | 99.0% | 99.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $936M |
| GROSS PROFIT | $658M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $497M |
| SG&A Expenses | $497M |
| Other Expenses | $0 |
| Operating Expenses | $497M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $63M |
| EBIT | $171M |
| EBITDA | $234M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $936M |
| GROSS PROFIT | $658M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $497M |
| SG&A Expenses | $497M |
| Other Expenses | $0 |
| Operating Expenses | $497M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $63M |
| EBIT | $171M |
| EBITDA | $234M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $1.3B |
| Other Current Assets | $225M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.1B |
| Goodwill | $628M |
| Intangible Assets | $165M |
| Long-Term Investments | $38M |
| Tax Assets | $132M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $781M |
| Short-Term Debt | $193M |
| Deferred Revenue | $182M |
| Other Current Liabilities | -$182M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $109M |
| Additional Paid-In Capital | $801M |
| Retained Earnings | -$1.8B |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.6B |
| Minority Interest | $1M |
| TOTAL EQUITY | -$1.6B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $5.0B |
| Net Debt | $4.7B |
