| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $394M | $384M | $355M | 2.5% | 10.9% |
| Op. Income | $54M | $43M | $37M | 27.2% | 48.2% |
| Gross Margin | 49.6% | 48.5% | 48.7% | 1.1pp | 0.9pp |
| Net Margin | 9.6% | 7.2% | 7.9% | 2.4pp | 1.8pp |
| EPS (Diluted) | $0.63 | $0.46 | $0.46 | 37.0% | 37.0% |
| Free Cash Flow | $77M | $52M | $65M | 49.5% | 19.4% |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $195M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $54M |
| Interest Income | $4M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $34M |
| EBIT | $57M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $195M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $54M |
| Interest Income | $4M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $34M |
| EBIT | $57M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$972.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $449M |
| Short-Term Investments | $0 |
| Net Receivables | $224M |
| Inventory | $334M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $516M |
| Goodwill | $507M |
| Intangible Assets | $538M |
| Long-Term Investments | $46M |
| Tax Assets | $7M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $61M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $240M |
| Long-Term Debt | $811M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | -$47M |
| TOTAL NON-CURRENT LIABILITIES | $862M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $764M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $824M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $898M |
| Net Debt | $450M |
