| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $1.1B | -5.5% | -3.2% |
| Op. Income | $280M | $341M | $373M | -17.9% | -24.9% |
| Gross Margin | 59.8% | 59.0% | 59.4% | 0.8pp | 0.4pp |
| Net Margin | 26.1% | 23.6% | 26.7% | 2.5pp | -0.6pp |
| EPS (Diluted) | $0.57 | $0.55 | $0.60 | 3.6% | -5.0% |
| Free Cash Flow | $272M | $81M | $196M | 235.8% | 38.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $416M |
| GROSS PROFIT | $619M |
| R&D Expenses | $0 |
| Selling & Marketing | $125M |
| General & Administrative | $178M |
| SG&A Expenses | $303M |
| Other Expenses | $36M |
| Operating Expenses | $339M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $280M |
| Interest Income | $5M |
| Interest Expense | $31M |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $22M |
| EBIT | $363M |
| EBITDA | $385M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $416M |
| GROSS PROFIT | $619M |
| R&D Expenses | $0 |
| Selling & Marketing | $125M |
| General & Administrative | $178M |
| SG&A Expenses | $303M |
| Other Expenses | $36M |
| Operating Expenses | $339M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $280M |
| Interest Income | $5M |
| Interest Expense | $31M |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $22M |
| EBIT | $363M |
| EBITDA | $385M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $270M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | -$74M |
| Change in Working Capital | $123M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $267M |
| Other Investing Activities | $83M |
| NET CASH FROM INVESTING | $305M |
| Net Debt Issuance | -$310M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$107M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$417M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $599M |
| Short-Term Investments | $0 |
| Net Receivables | $855M |
| Inventory | $2.5B |
| Other Current Assets | $374M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $1.4B |
| Intangible Assets | $973M |
| Long-Term Investments | $3M |
| Tax Assets | $63M |
| Other Non-Current Assets | $277M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $695M |
| Short-Term Debt | $502M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $266M |
| Other Non-Current Liabilities | $394M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $72M |
| Additional Paid-In Capital | $28M |
| Retained Earnings | $4.7B |
| Treasury Stock | -$605M |
| Accum. Other Comp. Income | -$343M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.9B |
| Net Debt | $2.3B |
