| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $844M | 1.1% | 23.1% |
| Op. Income | $43M | $52M | -$606.0K | -17.3% | 7246.0% |
| Gross Margin | 33.8% | 33.3% | 30.6% | 0.5pp | 3.3pp |
| Net Margin | 3.5% | 4.2% | 0.2% | -0.6pp | 3.3pp |
| EPS (Diluted) | $0.66 | $0.77 | $0.03 | -14.3% | 2100.0% |
| Free Cash Flow | -$133M | $48M | -$111M | -375.8% | -20.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $687M |
| GROSS PROFIT | $351M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $259M |
| Other Expenses | $49M |
| Operating Expenses | $308M |
| Cost & Expenses | $995M |
| OPERATING INCOME | $43M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $49M |
| EBIT | $43M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $687M |
| GROSS PROFIT | $351M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $259M |
| Other Expenses | $49M |
| Operating Expenses | $308M |
| Cost & Expenses | $995M |
| OPERATING INCOME | $43M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $49M |
| EBIT | $43M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $192.0K |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $174M |
| Net Receivables | $13M |
| Inventory | $1.1B |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $520M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $550.0K |
| Additional Paid-In Capital | $174M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
