| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $627M | $581M | $648M | 8.0% | -3.2% |
| Op. Income | $54M | $59M | $83M | -8.8% | -35.1% |
| Gross Margin | 42.8% | 44.1% | 44.3% | -1.3pp | -1.5pp |
| Net Margin | 4.6% | 5.0% | 7.6% | -0.4pp | -2.9pp |
| EPS (Diluted) | $0.61 | $0.60 | $0.98 | 1.7% | -37.8% |
| Free Cash Flow | $99M | $28M | $89M | 254.6% | 12.1% |
| Item | Amount |
|---|---|
| REVENUE | $627M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $269M |
| R&D Expenses | $14M |
| Selling & Marketing | $80M |
| General & Administrative | $104M |
| SG&A Expenses | $185M |
| Other Expenses | $16M |
| Operating Expenses | $215M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $57M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $627M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $269M |
| R&D Expenses | $14M |
| Selling & Marketing | $80M |
| General & Administrative | $104M |
| SG&A Expenses | $185M |
| Other Expenses | $16M |
| Operating Expenses | $215M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $57M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$400.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $488M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $356M |
| Goodwill | $1.3B |
| Intangible Assets | $929M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $225M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $567M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134M |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
