| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $649M | $662M | $632M | -2.0% | 2.6% |
| Op. Income | $113M | $119M | $112M | -4.8% | 1.1% |
| Gross Margin | 41.1% | 41.7% | 41.8% | -0.6pp | -0.7pp |
| Net Margin | 9.9% | 6.6% | 11.2% | 3.3pp | -1.3pp |
| EPS (Diluted) | $1.41 | $0.95 | $1.49 | 48.4% | -5.4% |
| Free Cash Flow | $99M | $62M | $125M | 60.8% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $113M |
| Interest Income | $357.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $16M |
| EBIT | $112M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $113M |
| Interest Income | $357.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $16M |
| EBIT | $112M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$730.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$50.0K |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $274M |
| Inventory | $440M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $873M |
| PP&E (Net) | $474M |
| Goodwill | $193M |
| Intangible Assets | $483M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $139M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $161M |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$61M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $21M |
| Additional Paid-In Capital | $679M |
| Retained Earnings | $533M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
