| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $327M | $349M | 3.6% | -2.7% |
| Op. Income | $70M | $58M | $59M | 18.9% | 17.8% |
| Gross Margin | 56.5% | 59.5% | 57.4% | -3.0pp | -0.9pp |
| Net Margin | 13.2% | 11.8% | 10.8% | 1.4pp | 2.4pp |
| EPS (Diluted) | $0.95 | $0.81 | $0.74 | 17.3% | 28.4% |
| Free Cash Flow | $87M | $106M | $35M | -18.0% | 147.6% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $191M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $27M |
| EBIT | $68M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $191M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $27M |
| EBIT | $68M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$417.0K |
| Purchases of Investments | $26M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$174.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $363M |
| Short-Term Investments | $0 |
| Net Receivables | $196M |
| Inventory | $321M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $944M |
| PP&E (Net) | $297M |
| Goodwill | $607M |
| Intangible Assets | $420M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $49M |
| Short-Term Debt | $305M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $540M |
| Long-Term Debt | $920M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $468.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | $381M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $911M |
| Minority Interest | $0 |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.2B |
| Net Debt | $861M |
