| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299M | $269M | $276M | 11.0% | 8.1% |
| Op. Income | $27M | $20M | $17M | 34.2% | 58.9% |
| Gross Margin | 18.1% | 18.1% | 16.9% | -0.0pp | 1.3pp |
| Net Margin | 6.3% | 5.0% | 4.2% | 1.2pp | 2.0pp |
| EPS (Diluted) | $1.60 | $1.15 | $1.00 | 39.1% | 60.0% |
| Free Cash Flow | $7M | $23M | -$3M | -68.5% | 344.6% |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $10M |
| SG&A Expenses | $28M |
| Other Expenses | -$576.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $10M |
| SG&A Expenses | $28M |
| Other Expenses | -$576.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $854.0K |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $399.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$56.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$72.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $129.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $714.0K |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $235M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $180M |
| Goodwill | $12M |
| Intangible Assets | $4M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $265M |
| TOTAL ASSETS | $599M |
| Account Payables | $52M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $236M |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $223M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $564.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $599M |
| Total Debt | $112M |
| Net Debt | $111M |
