| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $872M | $834M | $732M | 4.6% | 19.2% |
| Op. Income | $79M | $80M | $71M | -0.9% | 10.6% |
| Gross Margin | 11.7% | 12.1% | 12.4% | -0.4pp | -0.7pp |
| Net Margin | 9.3% | 10.4% | 11.1% | -1.1pp | -1.7pp |
| EPS (Diluted) | $2.24 | $2.38 | $2.21 | -5.9% | 1.4% |
| Free Cash Flow | $45M | $94M | $87M | -51.7% | -47.9% |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $770M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $1M |
| Operating Expenses | $23M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $79M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $13M |
| EBIT | $86M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $770M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $1M |
| Operating Expenses | $23M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $79M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $13M |
| EBIT | $86M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$689.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$148M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$281.0K |
| NET CASH FROM INVESTING | -$137M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$204.0K |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $644M |
| Net Receivables | $658M |
| Inventory | $531M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $361M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $586.0K |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $521M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $675M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $712M |
| Common Stock | $396.0K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$338M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $6M |
| Net Debt | -$301M |
