| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 1.2% | 2.7% |
| Op. Income | $123M | $133M | $127M | -7.4% | -3.4% |
| Gross Margin | 75.0% | 78.0% | 78.3% | -3.0pp | -3.3pp |
| Net Margin | 3.4% | 3.9% | 3.8% | -0.5pp | -0.4pp |
| EPS (Diluted) | $0.42 | $0.48 | $0.46 | -12.5% | -8.7% |
| Free Cash Flow | $118M | $73M | $72M | 61.2% | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $319M |
| GROSS PROFIT | $955M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $832M |
| Other Expenses | $0 |
| Operating Expenses | $832M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $123M |
| Interest Income | $2M |
| Interest Expense | $53M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $100.0K |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $31M |
| EBIT | $128M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $319M |
| GROSS PROFIT | $955M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $832M |
| Other Expenses | $0 |
| Operating Expenses | $832M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $123M |
| Interest Income | $2M |
| Interest Expense | $53M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $100.0K |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $31M |
| EBIT | $128M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$128M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $513M |
| Other Current Assets | $177M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $628M |
| Goodwill | $101M |
| Intangible Assets | $316M |
| Long-Term Investments | $19M |
| Tax Assets | $402M |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $88M |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $707M |
| TOTAL CURRENT LIABILITIES | $1000M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $305M |
| Retained Earnings | -$665M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$252M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$612M |
| Minority Interest | $6M |
| TOTAL EQUITY | -$606M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $2.2B |
| Net Debt | $1.9B |
