| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $346M | $336M | 0.9% | 3.7% |
| Op. Income | $59M | $52M | $46M | 14.2% | 28.4% |
| Gross Margin | 57.4% | 55.3% | 55.0% | 2.0pp | 2.4pp |
| Net Margin | 10.8% | 9.8% | 9.3% | 1.0pp | 1.5pp |
| EPS (Diluted) | $0.74 | $0.66 | $0.61 | 12.1% | 21.3% |
| Free Cash Flow | $35M | $39M | -$15M | -10.6% | 331.9% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $200M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $125M |
| Operating Expenses | $141M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $29M |
| EBIT | $66M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $200M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $125M |
| Operating Expenses | $141M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $29M |
| EBIT | $66M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $251.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$598.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $0 |
| Net Receivables | $212M |
| Inventory | $360M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $286M |
| Goodwill | $605M |
| Intangible Assets | $466M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $160M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $63M |
| Short-Term Debt | $5M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $502.0K |
| Additional Paid-In Capital | $570M |
| Retained Earnings | $392M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $0 |
| TOTAL EQUITY | $907M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.2B |
| Net Debt | $904M |
