| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | — | -0.5% | — |
| Op. Income | $154M | $132M | — | 16.7% | — |
| Gross Margin | 25.1% | 25.1% | — | -0.0pp | — |
| Net Margin | 1.8% | 1.3% | — | 0.5pp | — |
| EPS (Diluted) | $0.31 | $0.23 | — | 34.8% | — |
| Free Cash Flow | $568M | $154M | — | 268.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $809M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $335M |
| Other Expenses | $320M |
| Operating Expenses | $655M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $154M |
| Interest Income | $51M |
| Interest Expense | $66M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $327M |
| EBIT | $197M |
| EBITDA | $524M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $809M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $335M |
| Other Expenses | $320M |
| Operating Expenses | $655M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $154M |
| Interest Income | $51M |
| Interest Expense | $66M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $327M |
| EBIT | $197M |
| EBITDA | $524M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $327M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$87M |
| Other Non-Cash Items | $149M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $650M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $82M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $568M |
| Net Change in Cash | $478M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $0 |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $1.9B |
| Goodwill | $518M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $917M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $13.0B |
| Account Payables | $563M |
| Short-Term Debt | $62M |
| Deferred Revenue | $744M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $597M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.7B |
| Retained Earnings | -$3.7B |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | -$719M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $262M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $4.5B |
| Net Debt | $2.8B |
