| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $709M | $760M | $725M | -6.7% | -2.2% |
| Op. Income | $30M | $31M | $30M | -2.0% | 0.7% |
| Gross Margin | 19.6% | 18.1% | 18.7% | 1.4pp | 0.9pp |
| Net Margin | 3.5% | 3.3% | 3.7% | 0.2pp | -0.2pp |
| EPS (Diluted) | $0.97 | $0.97 | $1.02 | 0.0% | -4.9% |
| Free Cash Flow | $62M | $25M | $51M | 152.8% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $570M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $99M |
| SG&A Expenses | $104M |
| Other Expenses | $5M |
| Operating Expenses | $108M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $30M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $570M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $99M |
| SG&A Expenses | $104M |
| Other Expenses | $5M |
| Operating Expenses | $108M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $30M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $245.0K |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$103M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$425.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $211M |
| Net Receivables | $617M |
| Inventory | $135M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $50M |
| Goodwill | $74M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $313M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $384M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $403M |
| Common Stock | $295.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $889M |
| Treasury Stock | -$130M |
| Accum. Other Comp. Income | $85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $903M |
| Minority Interest | $0 |
| TOTAL EQUITY | $903M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $437.0K |
| Net Debt | -$187M |
