| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.7B | $3.8B | 5.8% | 3.0% |
| Op. Income | $334M | $292M | $355M | 14.4% | -5.9% |
| Gross Margin | 42.4% | 41.2% | 42.7% | 1.1pp | -0.3pp |
| Net Margin | 6.0% | 5.8% | 7.2% | 0.2pp | -1.2pp |
| EPS (Diluted) | $0.62 | $0.57 | $0.72 | 8.8% | -13.9% |
| Free Cash Flow | $153M | $350M | $143M | -56.3% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $334M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $125M |
| EBIT | $337M |
| EBITDA | $462M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $334M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $125M |
| EBIT | $337M |
| EBITDA | $462M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $236M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$196M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $299M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $153M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $255M |
| Net Receivables | $0 |
| Inventory | $2.5B |
| Other Current Assets | $664M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $5.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $846M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.8B |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $19M |
| Additional Paid-In Capital | $81M |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $8.9B |
| Net Debt | $6.7B |
