| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | $2.6B | 1.5% | 8.9% |
| Op. Income | $660M | $656M | $610M | 0.6% | 8.2% |
| Gross Margin | -97.8% | 50.4% | 50.6% | -148.3pp | -148.4pp |
| Net Margin | 17.7% | 17.7% | 17.8% | -0.0pp | -0.1pp |
| EPS (Diluted) | $1.24 | $1.21 | $1.13 | 2.5% | 9.7% |
| Free Cash Flow | $531M | $425M | $522M | 24.8% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | -$2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $789M |
| Other Expenses | $0 |
| Operating Expenses | $789M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $660M |
| Interest Income | -$7M |
| Interest Expense | $28M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $632M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | -$986M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $502M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$986M |
| D&A | -$126M |
| EBIT | $0 |
| EBITDA | $535M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $502M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$439M |
| Change in Working Capital | $383M |
| OPERATING CASH FLOW | $621M |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$359M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | $531M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $451M |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $2.0B |
| Goodwill | $3.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $407M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $481M |
| Short-Term Debt | $284M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $508M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $491M |
| Net Debt | $308M |
