| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $404M | — | — | — | — |
| Op. Income | $252M | — | — | — | — |
| Gross Margin | 63.6% | — | — | — | — |
| Net Margin | 23.1% | — | — | — | — |
| EPS (Diluted) | $0.72 | — | — | — | — |
| Free Cash Flow | $36M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $54M |
| EBIT | $255M |
| EBITDA | $309M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $54M |
| EBIT | $255M |
| EBITDA | $309M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $143M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$98M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$183M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $150M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $82M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $52M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $500.0K |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $568M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $568M |
| Minority Interest | -$130M |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $3.8B |
| Net Debt | $3.8B |
