Reported December 30, 2025
| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712M | — | $504M | — | 41.3% |
| Op. Income | $69M | — | $77M | — | -10.6% |
| Gross Margin | 21.8% | — | 26.7% | — | -4.9pp |
| Net Margin | 2.8% | — | 22.0% | — | -19.2pp |
| EPS (Diluted) | $0.17 | — | $4.75 | — | -96.5% |
| Free Cash Flow | -$29M | — | $37M | — | -179.8% |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $557M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $8M |
| Operating Expenses | $87M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $69M |
| Interest Income | $3M |
| Interest Expense | $49M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $840 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $72M |
| EBIT | $69M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $557M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $8M |
| Operating Expenses | $87M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $69M |
| Interest Income | $3M |
| Interest Expense | $49M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $840 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $72M |
| EBIT | $69M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.5K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $16M |
| Net Receivables | $82M |
| Inventory | $212M |
| Other Current Assets | -$719 |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $983M |
| Goodwill | $656.2K |
| Intangible Assets | $6M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $85M |
| Short-Term Debt | $98M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $937.9K |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $244M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $596M |
| Common Stock | $251M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $501M |
| TOTAL STOCKHOLDERS' EQUITY | $769M |
| Minority Interest | -$760.7K |
| TOTAL EQUITY | $768M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $217M |
| Net Debt | $210M |