| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $509M | $471M | -10.1% | -2.9% |
| Op. Income | $50M | $76M | $35M | -34.1% | 41.9% |
| Gross Margin | 23.1% | 26.1% | 22.2% | -2.9pp | 1.0pp |
| Net Margin | 9.0% | 9.6% | 6.0% | -0.6pp | 3.0pp |
| EPS (Diluted) | $1.49 | $1.78 | $1.03 | -16.3% | 44.7% |
| Free Cash Flow | $74M | $97M | $61M | -22.9% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $408M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $16M |
| EBIT | $50M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $408M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $16M |
| EBIT | $50M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | $29M |
| Acquisitions (Net) | -$79M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | -$514.0K |
| Common Stock Repurchased | -$76.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$79M |
| 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 |
