| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $280M | $226M | -13.0% | 7.9% |
| Op. Income | $23M | $34M | $21M | -33.5% | 7.1% |
| Gross Margin | 20.8% | 24.1% | 21.4% | -3.3pp | -0.6pp |
| Net Margin | 5.9% | 8.1% | 6.6% | -2.2pp | -0.8pp |
| EPS (Diluted) | $0.69 | $1.08 | $0.72 | -36.1% | -4.2% |
| Free Cash Flow | $21M | $29M | $12M | -26.1% | 72.5% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $13M |
| EBIT | $23M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $13M |
| EBIT | $23M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $123.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $86M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $271M |
| Goodwill | $223M |
| Intangible Assets | $238M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $748M |
| TOTAL ASSETS | $977M |
| Account Payables | $46M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $253M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $360M |
| TOTAL LIABILITIES | $458M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $489M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $935.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $519M |
| Minority Interest | $0 |
| TOTAL EQUITY | $519M |
| TOTAL LIABILITIES & EQUITY | $977M |
| Total Debt | $278M |
| Net Debt | $270M |
