| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $703M | $709M | $709M | -0.9% | -0.8% |
| Op. Income | $27M | $30M | $23M | -11.8% | 17.9% |
| Gross Margin | 19.3% | 19.6% | 18.3% | -0.3pp | 1.0pp |
| Net Margin | 2.9% | 3.5% | 2.9% | -0.5pp | 0.0pp |
| EPS (Diluted) | $0.82 | $0.97 | $0.78 | -15.5% | 5.1% |
| Free Cash Flow | $25M | $62M | $23M | -59.5% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $109M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $676M |
| OPERATING INCOME | $27M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $482.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $109M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $676M |
| OPERATING INCOME | $27M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $482.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $213M |
| Net Receivables | $648M |
| Inventory | $144M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $48M |
| Goodwill | $74M |
| Intangible Assets | $989.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $130M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $338M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $498.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | -$498.0K |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $441M |
| Common Stock | $295.0K |
| Additional Paid-In Capital | $145M |
| Retained Earnings | $906M |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $78.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $910M |
| Minority Interest | $0 |
| TOTAL EQUITY | $910M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $996.0K |
| Net Debt | -$192M |
