| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.0B | $5.5B | -4.0% | 4.0% |
| Op. Income | $443M | $420M | $482M | 5.5% | -8.0% |
| Gross Margin | 21.9% | 20.8% | 21.8% | 1.1pp | 0.1pp |
| Net Margin | 5.1% | 4.5% | 5.7% | 0.5pp | -0.7pp |
| EPS (Diluted) | $2.21 | $2.05 | $2.35 | 7.8% | -6.0% |
| Free Cash Flow | $299M | $133M | $309M | 123.8% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $812M |
| SG&A Expenses | $812M |
| Other Expenses | $0 |
| Operating Expenses | $812M |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $443M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $389M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $73M |
| EBIT | $444M |
| EBITDA | $518M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $812M |
| SG&A Expenses | $812M |
| Other Expenses | $0 |
| Operating Expenses | $812M |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $443M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $389M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $73M |
| EBIT | $444M |
| EBITDA | $518M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $291M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | $328M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$94M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$320M |
| FREE CASH FLOW | $299M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $0 |
| Net Receivables | $6.5B |
| Inventory | $505M |
| Other Current Assets | $313M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $280M |
| Goodwill | $4.6B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $3.7B |
| Short-Term Debt | $340M |
| Deferred Revenue | $477M |
| Other Current Liabilities | $699M |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $165M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $6.1B |
| Net Debt | $5.6B |
