| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662M | $614M | $660M | 7.9% | 0.4% |
| Op. Income | $119M | -$126M | $112M | 194.5% | 6.6% |
| Gross Margin | 41.7% | 43.2% | 39.9% | -1.5pp | 1.8pp |
| Net Margin | 6.6% | -19.6% | 9.5% | 26.2pp | -2.9pp |
| EPS (Diluted) | $0.95 | $-2.56 | $1.29 | 137.1% | -26.4% |
| Free Cash Flow | $62M | $114M | $52M | -45.7% | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $386M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $119M |
| Interest Income | $472.0K |
| Interest Expense | $23M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $16M |
| EBIT | $124M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $386M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $119M |
| Interest Income | $472.0K |
| Interest Expense | $23M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $16M |
| EBIT | $124M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $269.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $111.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$40.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $291M |
| Inventory | $441M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $891M |
| PP&E (Net) | $461M |
| Goodwill | $193M |
| Intangible Assets | $488M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $137M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $335M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $21M |
| Additional Paid-In Capital | $690M |
| Retained Earnings | $479M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
