| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | — | 9.7% | — |
| Op. Income | $158M | $95M | — | 66.3% | — |
| Gross Margin | 58.1% | 60.2% | — | -2.1pp | — |
| Net Margin | -4.1% | -2.2% | — | -1.9pp | — |
| EPS (Diluted) | $-0.16 | $-0.08 | — | -100.0% | — |
| Free Cash Flow | $62M | $65M | — | -4.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $589M |
| GROSS PROFIT | $816M |
| R&D Expenses | $94M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $564M |
| Other Expenses | $0 |
| Operating Expenses | $658M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $158M |
| Interest Income | $3M |
| Interest Expense | $108M |
| Other Income/Expenses | -$145M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $99M |
| EBIT | $158M |
| EBITDA | $257M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $65M |
| Other Non-Cash Items | $96M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | -$92.8K |
| Purchases of Investments | -$114M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$159.1K |
| NET CASH FROM INVESTING | -$185M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$697.2K |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $383M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $976M |
| Other Current Assets | $397M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $4.8B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $7M |
| Tax Assets | $934M |
| Other Non-Current Assets | $303M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $388M |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $271M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | -$931M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $71M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $5.4B |
| Net Debt | $5.0B |
