| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $2.4B | 2.7% | 4.0% |
| Op. Income | $147M | $148M | $153M | -0.9% | -4.1% |
| Gross Margin | 34.4% | 35.1% | 36.2% | -0.7pp | -1.8pp |
| Net Margin | 3.5% | 1.7% | 0.7% | 1.8pp | 2.9pp |
| EPS (Diluted) | $1.34 | $0.63 | $0.25 | 112.7% | 436.0% |
| Free Cash Flow | $160M | $181M | $129M | -11.6% | 24.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $855M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $708M |
| Other Expenses | $0 |
| Operating Expenses | $708M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $84M |
| D&A | -$326M |
| EBIT | $183M |
| EBITDA | -$143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $855M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $708M |
| Other Expenses | $0 |
| Operating Expenses | $708M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $84M |
| D&A | -$326M |
| EBIT | $183M |
| EBITDA | -$143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$49M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$93M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | $160M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $538M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $547M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $733M |
| Goodwill | $5.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $282M |
| Other Non-Current Assets | $986M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $222M |
| Short-Term Debt | $290M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $718M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $413M |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$538M |
| Accum. Other Comp. Income | -$209M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $5.7B |
| Net Debt | $5.2B |
