| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.3B | $5.3B | 4.2% | 5.6% |
| Op. Income | $191M | $218M | $178M | -12.3% | 7.3% |
| Gross Margin | 18.1% | 19.0% | 18.0% | -0.9pp | 0.1pp |
| Net Margin | 2.3% | 2.8% | 2.3% | -0.6pp | -0.1pp |
| EPS (Diluted) | $0.96 | $1.15 | $0.92 | -16.5% | 4.3% |
| Free Cash Flow | $193M | -$11M | $111M | 1895.0% | 73.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $818M |
| Other Expenses | $0 |
| Operating Expenses | $818M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $75M |
| EBIT | $191M |
| EBITDA | $266M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $818M |
| Other Expenses | $0 |
| Operating Expenses | $818M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $75M |
| EBIT | $191M |
| EBITDA | $266M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $154M |
| OPERATING CASH FLOW | $391M |
| Capital Expenditure | -$198M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $1.6B |
| Other Current Assets | $136M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $4.3B |
| Goodwill | $1.0B |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $329M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $995M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $73.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
