| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.8B | — | -2.4% |
| Op. Income | $219M | — | $162M | — | 35.2% |
| Gross Margin | 24.5% | — | 24.9% | — | -0.5pp |
| Net Margin | 9.4% | — | 5.3% | — | 4.1pp |
| EPS (Diluted) | $2.56 | — | $1.43 | — | 79.0% |
| Free Cash Flow | $270M | — | $305M | — | -11.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $430M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $211M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $57M |
| EBIT | $216M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $430M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $211M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $57M |
| EBIT | $216M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $405M |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $270M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $3M |
| Net Receivables | $1.2B |
| Inventory | $1.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $597M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$937M |
| Other Equity | $71M |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $21M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $1.8B |
| Net Debt | $760M |
