| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.8B | $2.1B | 15.1% | -2.8% |
| Op. Income | $124M | $52M | $172M | 138.8% | -28.0% |
| Gross Margin | 14.8% | 12.5% | 16.4% | 2.3pp | -1.5pp |
| Net Margin | 4.1% | 1.5% | 5.7% | 2.7pp | -1.6pp |
| EPS (Diluted) | $0.73 | $0.22 | $1.02 | 231.8% | -28.4% |
| Free Cash Flow | $65M | -$54M | $116M | 220.7% | -43.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $72M |
| EBIT | $120M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $72M |
| EBIT | $120M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $873.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $138M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$556.0K |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $893M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.0B |
| Other Current Assets | $304M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.7B |
| Goodwill | $387M |
| Intangible Assets | $216M |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $285M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $364M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $187M |
| Other Non-Current Liabilities | $231M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $401M |
| Retained Earnings | $4.4B |
| Treasury Stock | -$647M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $260.0K |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.3B |
| Net Debt | $451M |
