| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $306M | $294M | 4.9% | 9.3% |
| Op. Income | $61M | $56M | $54M | 8.1% | 11.8% |
| Gross Margin | 48.0% | 47.4% | 47.7% | 0.5pp | 0.3pp |
| Net Margin | 15.2% | 14.7% | 15.0% | 0.5pp | 0.1pp |
| EPS (Diluted) | $0.96 | $0.89 | $0.88 | 7.9% | 9.1% |
| Free Cash Flow | $38M | $46M | $34M | -17.3% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $15M |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $6M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $15M |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $6M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$907.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $24M |
| Net Receivables | $8M |
| Inventory | $166M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $539M |
| PP&E (Net) | $495M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $539M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $323M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $512.0K |
| Additional Paid-In Capital | $218M |
| Retained Earnings | $293M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $511M |
| Minority Interest | $0 |
| TOTAL EQUITY | $511M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $375M |
| Net Debt | $59M |
