| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $1.9B | 0.3% | 11.0% |
| Op. Income | $212M | $214M | $130M | -1.0% | 62.7% |
| Gross Margin | 19.2% | 18.6% | 16.1% | 0.6pp | 3.1pp |
| Net Margin | 8.4% | 7.2% | -9.2% | 1.2pp | 17.6pp |
| EPS (Diluted) | $1.58 | $1.35 | $-1.54 | 17.0% | 202.6% |
| Free Cash Flow | $79M | $206M | $95M | -61.8% | -17.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | $0 |
| Operating Expenses | $196M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $73M |
| EBIT | $208M |
| EBITDA | $281M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | $0 |
| Operating Expenses | $196M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $73M |
| EBIT | $208M |
| EBITDA | $281M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $204M |
| Capital Expenditure | -$125M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $951M |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $2.8B |
| Goodwill | $386M |
| Intangible Assets | $204M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $335M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $361M |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $176M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $395M |
| Retained Earnings | $4.7B |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $260.0K |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.4B |
| Net Debt | $2.3B |
