| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $520M | $532M | $518M | -2.4% | 0.3% |
| Op. Income | $62M | $78M | $74M | -20.9% | -16.4% |
| Gross Margin | 24.0% | 25.7% | 25.6% | -1.8pp | -1.6pp |
| Net Margin | 7.1% | 8.1% | 10.4% | -0.9pp | -3.3pp |
| EPS (Diluted) | $1.19 | $1.37 | $1.68 | -13.1% | -29.2% |
| Free Cash Flow | $32M | $44M | $42M | -26.8% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $125M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $5M |
| Operating Expenses | $63M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $23M |
| EBIT | $61M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $125M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $5M |
| Operating Expenses | $63M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $23M |
| EBIT | $61M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $4M |
| Net Receivables | $400M |
| Inventory | $350M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $916M |
| Intangible Assets | $209M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $188M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $280M |
| TOTAL CURRENT LIABILITIES | $555M |
| Long-Term Debt | $989M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $535M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$968M |
| Accum. Other Comp. Income | -$340M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $36M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.0B |
| Net Debt | $717M |
