| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.1B | $6.8B | $6.6B | 3.7% | 7.7% |
| Op. Income | $400M | $296M | $334M | 35.1% | 19.8% |
| Gross Margin | 9.7% | 9.0% | 9.1% | 0.7pp | 0.6pp |
| Net Margin | 3.4% | 2.9% | 4.0% | 0.5pp | -0.6pp |
| EPS (Diluted) | $0.64 | $0.52 | $0.67 | 23.1% | -4.5% |
| Free Cash Flow | $272M | $303M | $301M | -10.2% | -9.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.1B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $685M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $270M |
| Other Expenses | $15M |
| Operating Expenses | $285M |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $400M |
| Interest Income | $15M |
| Interest Expense | $58M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $0 |
| EBIT | $378M |
| EBITDA | $378M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.1B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $685M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $270M |
| Other Expenses | $15M |
| Operating Expenses | $285M |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $400M |
| Interest Income | $15M |
| Interest Expense | $58M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $0 |
| EBIT | $378M |
| EBITDA | $378M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $239M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $420M |
| Capital Expenditure | -$148M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $744M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $529M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | $808M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $5.5B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $3.1B |
| Goodwill | $1.4B |
| Intangible Assets | $300M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $933M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $20.8B |
| Account Payables | $6.5B |
| Short-Term Debt | $675M |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$83M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $1.7B |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $5.6B |
| Net Debt | $2.5B |
