| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.7B | -1.0% | 0.3% |
| Op. Income | $157M | $186M | $212M | -15.8% | -26.2% |
| Gross Margin | 20.6% | 20.4% | 21.5% | 0.2pp | -0.9pp |
| Net Margin | 3.9% | 7.2% | 7.7% | -3.3pp | -3.8pp |
| EPS (Diluted) | $0.46 | $0.85 | $0.88 | -45.9% | -47.7% |
| Free Cash Flow | $274M | $295M | $4M | -7.0% | 6281.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $32M |
| Operating Expenses | $186M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $95M |
| EBIT | $157M |
| EBITDA | $252M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $32M |
| Operating Expenses | $186M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $95M |
| EBIT | $157M |
| EBITDA | $252M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $156M |
| OPERATING CASH FLOW | $352M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$249M |
| FREE CASH FLOW | $274M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $773M |
| Inventory | $907M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $3.8B |
| Goodwill | $1.1B |
| Intangible Assets | $314M |
| Long-Term Investments | $47M |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $545M |
| Short-Term Debt | $297M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $264M |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $152M |
| Additional Paid-In Capital | -$468M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$857M |
| Accum. Other Comp. Income | $101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $4.0B |
| Net Debt | $3.9B |
