| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $467M | $448M | -0.8% | 3.4% |
| Op. Income | $34M | $26M | $22M | 32.6% | 57.1% |
| Gross Margin | 16.4% | 16.3% | 15.2% | 0.1pp | 1.2pp |
| Net Margin | 5.6% | 6.7% | 3.8% | -1.1pp | 1.8pp |
| EPS (Diluted) | $0.37 | $0.44 | $0.23 | -15.9% | 60.9% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $387M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $704.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $387M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $704.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $42M |
| Net Receivables | $329M |
| Inventory | $0 |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $601M |
| PP&E (Net) | $27M |
| Goodwill | $80M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $214M |
| TOTAL ASSETS | $815M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $203M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $612M |
| TOTAL STOCKHOLDERS' EQUITY | $612M |
| Minority Interest | $0 |
| TOTAL EQUITY | $612M |
| TOTAL LIABILITIES & EQUITY | $815M |
| Total Debt | $9M |
| Net Debt | -$127M |
