| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $298M | $328M | 10.2% | 0.0% |
| Op. Income | $20M | $8M | $39M | 159.1% | -48.8% |
| Gross Margin | 11.3% | 6.6% | 15.4% | 4.7pp | -4.1pp |
| Net Margin | 11.2% | 1.9% | 12.7% | 9.3pp | -1.6pp |
| EPS (Diluted) | $0.70 | $0.11 | $0.80 | 536.4% | -12.5% |
| Free Cash Flow | $13M | -$37M | -$54M | 134.1% | 123.8% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $20M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$14M |
| 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 | $45M |
| EBIT | $25M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $20M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$14M |
| 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 | $45M |
| EBIT | $25M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$234.0K |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $56M |
| Net Receivables | $145M |
| Inventory | $219M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $802M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $3M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $46M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $370M |
| TOTAL LIABILITIES | $565M |
| Common Stock | $548.0K |
| Additional Paid-In Capital | $296M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $237M |
| Net Debt | -$100M |
