| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $438M | $432M | $437M | 1.6% | 0.4% |
| Op. Income | $35M | $37M | $31M | -5.1% | 11.8% |
| Gross Margin | 18.2% | 19.1% | 18.5% | -1.0pp | -0.3pp |
| Net Margin | 5.8% | 5.8% | 5.1% | -0.0pp | 0.7pp |
| EPS (Diluted) | $1.22 | $1.21 | $1.07 | 0.8% | 14.0% |
| Free Cash Flow | -$5M | $33M | -$7M | -115.9% | 27.6% |
| Item | Amount |
|---|---|
| REVENUE | $438M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $80M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $36M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $438M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $80M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $36M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$203.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$79.0K |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $467M |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $603M |
| Goodwill | $280M |
| Intangible Assets | $108M |
| Long-Term Investments | $239.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $140M |
| Short-Term Debt | $10M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $236M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $623M |
| TOTAL LIABILITIES | $859M |
| Common Stock | $349M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $909M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $935M |
| Minority Interest | $0 |
| TOTAL EQUITY | $935M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $532M |
| Net Debt | $515M |
