| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.0B | 9.7% | 8.1% |
| Op. Income | $343M | $290M | $334M | 18.4% | 2.9% |
| Gross Margin | 58.0% | 57.2% | 59.4% | 0.8pp | -1.4pp |
| Net Margin | 25.3% | 21.1% | 24.1% | 4.2pp | 1.2pp |
| EPS (Diluted) | $14.02 | $10.57 | $11.96 | 32.6% | 17.2% |
| Free Cash Flow | $184M | $275M | $225M | -33.0% | -18.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $474M |
| GROSS PROFIT | $656M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $786M |
| OPERATING INCOME | $343M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $33M |
| EBIT | $345M |
| EBITDA | $377M |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $474M |
| GROSS PROFIT | $656M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $786M |
| OPERATING INCOME | $343M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $33M |
| EBIT | $345M |
| EBITDA | $377M |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | $286M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | $226M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$192M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $778M |
| Inventory | $387M |
| Other Current Assets | $130M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $846M |
| Goodwill | $739M |
| Intangible Assets | $279M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $486M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $267M |
| Short-Term Debt | $99M |
| Deferred Revenue | $229M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $152M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $448.0K |
| Additional Paid-In Capital | $936M |
| Retained Earnings | $9.2B |
| Treasury Stock | -$9.8B |
| Accum. Other Comp. Income | -$359M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$24M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$24M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
