| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $494M | $493M | $502M | 0.2% | -1.7% |
| Op. Income | $55M | $68M | $39M | -19.7% | 39.1% |
| Gross Margin | 24.4% | 28.5% | 25.6% | -4.1pp | -1.2pp |
| Net Margin | 6.8% | 14.5% | 6.1% | -7.7pp | 0.8pp |
| EPS (Diluted) | $0.40 | $0.84 | $0.35 | -52.4% | 14.3% |
| Free Cash Flow | $109M | $132M | $130M | -17.5% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $373M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $55M |
| Interest Income | $5M |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $6M |
| EBIT | $54M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $373M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $55M |
| Interest Income | $5M |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $6M |
| EBIT | $54M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | -$25M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $95.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $124M |
| Net Receivables | $242M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $764M |
| PP&E (Net) | $74M |
| Goodwill | $1.3B |
| Intangible Assets | $17M |
| Long-Term Investments | $21M |
| Tax Assets | $74M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $37M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $596M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $922M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $830.0K |
| Additional Paid-In Capital | $948M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $610.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $660M |
| Net Debt | $285M |
