| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.5B | $1.9B | -11.9% | 13.0% |
| Op. Income | $133M | $99M | $51M | 33.8% | 158.5% |
| Gross Margin | 14.5% | 12.5% | 7.0% | 2.0pp | 7.5pp |
| Net Margin | 4.1% | 1.7% | 0.1% | 2.4pp | 3.9pp |
| EPS (Diluted) | $0.62 | $0.29 | $0.02 | 112.1% | 3770.7% |
| Free Cash Flow | $25M | $37M | -$12M | -31.6% | 316.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $314M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $84M |
| Operating Expenses | $181M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $84M |
| EBIT | $153M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $314M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $84M |
| Operating Expenses | $181M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $84M |
| EBIT | $153M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$104M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $22.3K |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $819M |
| Inventory | $1.4B |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $2.6B |
| Goodwill | $47M |
| Intangible Assets | $90M |
| Long-Term Investments | $0 |
| Tax Assets | $257M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $1.3B |
| Short-Term Debt | $38M |
| Deferred Revenue | $77M |
| Other Current Liabilities | $331M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $516M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $513M |
| Retained Earnings | $240M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | $202M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $845M |
| Minority Interest | $18M |
| TOTAL EQUITY | $863M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
