| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $288M | $267M | -8.2% | -0.9% |
| Op. Income | $60M | $58M | $51M | 2.7% | 17.9% |
| Gross Margin | 40.9% | 37.9% | 37.1% | 3.0pp | 3.8pp |
| Net Margin | 15.6% | 16.1% | 14.8% | -0.5pp | 0.7pp |
| EPS (Diluted) | $0.44 | $0.49 | $0.42 | -10.2% | 4.8% |
| Free Cash Flow | $45M | $20M | $36M | 124.2% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $60M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $60M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $60M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $60M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $233.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$446.0K |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $30.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $96M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $538M |
| PP&E (Net) | $235M |
| Goodwill | $13M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $254M |
| TOTAL ASSETS | $792M |
| Account Payables | $67M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $1M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $561M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $591M |
| Minority Interest | $0 |
| TOTAL EQUITY | $591M |
| TOTAL LIABILITIES & EQUITY | $792M |
| Total Debt | $63M |
| Net Debt | -$251M |
