| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | $698M | $666M | 3.1% | 8.1% |
| Op. Income | $88M | $76M | $69M | 14.8% | 26.5% |
| Gross Margin | 36.6% | 37.7% | 37.5% | -1.1pp | -0.9pp |
| Net Margin | 9.4% | 8.1% | 8.8% | 1.3pp | 0.7pp |
| EPS (Diluted) | $1.70 | $1.41 | $1.42 | 20.6% | 19.7% |
| Free Cash Flow | $121M | $65M | $116M | 85.6% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $457M |
| GROSS PROFIT | $264M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $13M |
| Operating Expenses | $176M |
| Cost & Expenses | $633M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $43M |
| EBIT | $86M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $457M |
| GROSS PROFIT | $264M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $13M |
| Operating Expenses | $176M |
| Cost & Expenses | $633M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $43M |
| EBIT | $86M |
| EBITDA | $129M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$492.0K |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$19.0K |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $0 |
| Net Receivables | $463M |
| Inventory | $402M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $679M |
| Goodwill | $1.0B |
| Intangible Assets | $400M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $361M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $697M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $867M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$912M |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.4B |
| Net Debt | $990M |
