| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.5B | $2.3B | -6.2% | 1.2% |
| Op. Income | $295M | $308M | $258M | -4.2% | 14.3% |
| Gross Margin | 30.4% | 29.4% | 29.4% | 1.0pp | 0.9pp |
| Net Margin | 6.2% | 2.7% | -0.1% | 3.6pp | 6.4pp |
| EPS (Diluted) | $0.49 | $0.22 | $-0.01 | 122.7% | 4951.5% |
| Free Cash Flow | $129M | $50M | $147M | 158.0% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $705M |
| R&D Expenses | $26M |
| Selling & Marketing | $202M |
| General & Administrative | $172M |
| SG&A Expenses | $374M |
| Other Expenses | $10M |
| Operating Expenses | $410M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $295M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $106M |
| EBIT | $269M |
| EBITDA | $375M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $705M |
| R&D Expenses | $26M |
| Selling & Marketing | $202M |
| General & Administrative | $172M |
| SG&A Expenses | $374M |
| Other Expenses | $10M |
| Operating Expenses | $410M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $295M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $106M |
| EBIT | $269M |
| EBITDA | $375M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $259M |
| Capital Expenditure | -$130M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$116M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$164M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $583M |
| Inventory | $1.4B |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $3.1B |
| Goodwill | $5.0B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $730M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $379M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $12M |
| Additional Paid-In Capital | $418M |
| Retained Earnings | $4.7B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $2M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $7.2B |
| Net Debt | $7.1B |
