| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | $769M | $1.4B | -13.3% | -53.0% |
| Op. Income | $36M | $147M | $636M | -75.6% | -94.3% |
| Gross Margin | 17.9% | 27.0% | 50.5% | -9.1pp | -32.6pp |
| Net Margin | 7.6% | 13.4% | 35.9% | -5.8pp | -28.3pp |
| EPS (Diluted) | $1.06 | $2.13 | $10.38 | -50.2% | -89.8% |
| Free Cash Flow | $72M | $48M | $522M | 50.2% | -86.2% |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $548M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $40M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $36M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $31M |
| EBIT | $36M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $548M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $40M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $36M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $31M |
| EBIT | $36M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $659.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$158M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | $58.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $392M |
| Short-Term Investments | $760M |
| Net Receivables | $235M |
| Inventory | $349M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $87M |
| Intangible Assets | $53M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $106M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $185M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $432M |
| Common Stock | $751.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $7M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $0 |
| Net Debt | -$392M |
