| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $840M | $762M | $819M | 10.2% | 2.7% |
| Op. Income | $83M | $74M | $63M | 12.1% | 32.2% |
| Gross Margin | 17.8% | 18.2% | 14.9% | -0.5pp | 2.8pp |
| Net Margin | 7.2% | 6.8% | 4.1% | 0.3pp | 3.0pp |
| EPS (Diluted) | $1.86 | $1.56 | $1.06 | 19.2% | 75.5% |
| Free Cash Flow | $57M | $27M | -$49M | 108.4% | 215.7% |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $691M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $30M |
| EBIT | $101M |
| EBITDA | $131M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $691M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $30M |
| EBIT | $101M |
| EBITDA | $131M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $0 |
| Net Receivables | $541M |
| Inventory | $708M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $129M |
| Intangible Assets | $29M |
| Long-Term Investments | $152M |
| Tax Assets | $47M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $287M |
| Short-Term Debt | $379M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $986M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $152M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $361M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $206M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
