| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $493M | $475M | $467M | 3.8% | 5.8% |
| Op. Income | $59M | $39M | $56M | 52.3% | 6.1% |
| Gross Margin | 24.1% | 22.3% | 23.8% | 1.8pp | 0.3pp |
| Net Margin | 9.6% | 6.8% | 9.6% | 2.7pp | -0.0pp |
| EPS (Diluted) | $1.71 | $1.18 | $1.62 | 44.9% | 5.6% |
| Free Cash Flow | $54M | $74M | $2M | -27.1% | 2287.4% |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $1M |
| Operating Expenses | $60M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $61M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $1M |
| Operating Expenses | $60M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $61M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$485.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $191M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $592M |
| Goodwill | $223M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $837M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $121M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $280M |
| Common Stock | $158M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | -$785M |
| Accum. Other Comp. Income | $964.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $996M |
| Minority Interest | $0 |
| TOTAL EQUITY | $996M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $42M |
| Net Debt | -$83M |
