| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $314M | $329M | 5.4% | 0.3% |
| Op. Income | $71M | $58M | $70M | 23.1% | 1.8% |
| Gross Margin | 38.0% | 36.1% | 37.2% | 1.9pp | 0.8pp |
| Net Margin | 16.9% | 14.3% | 17.2% | 2.6pp | -0.4pp |
| EPS (Diluted) | $0.60 | $0.48 | $0.61 | 25.0% | -1.6% |
| Free Cash Flow | $56M | $45M | $54M | 25.5% | 4.1% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $71M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $5M |
| EBIT | $71M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $71M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $5M |
| EBIT | $71M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $135.0K |
| Deferred Income Tax | -$307.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $94M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $242M |
| Goodwill | $13M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $262M |
| TOTAL ASSETS | $738M |
| Account Payables | $79M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $234M |
| Common Stock | $1M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $474M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $504M |
| Minority Interest | $0 |
| TOTAL EQUITY | $504M |
| TOTAL LIABILITIES & EQUITY | $738M |
| Total Debt | $70M |
| Net Debt | -$180M |
