| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 0.3% | 6.6% |
| Op. Income | $39M | $35M | $24M | 11.7% | 66.0% |
| Gross Margin | 24.4% | 24.5% | 23.4% | -0.1pp | 1.0pp |
| Net Margin | 2.0% | 1.9% | 1.3% | 0.2pp | 0.8pp |
| EPS (Diluted) | $1.48 | $1.35 | $0.87 | 9.6% | 70.1% |
| Free Cash Flow | $2M | $37M | -$81M | -94.4% | 102.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $295M |
| Operating Expenses | $295M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $30M |
| EBIT | $42M |
| EBITDA | $72M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $295M |
| Operating Expenses | $295M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $30M |
| EBIT | $42M |
| EBITDA | $72M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63.7K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $485M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $977M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $169M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $639M |
| TOTAL LIABILITIES | $930M |
| Common Stock | $949.7K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $539M |
| Net Debt | $177M |
