| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $743M | $698M | $680M | 6.4% | 9.3% |
| Op. Income | $87M | $79M | $71M | 9.2% | 21.3% |
| Gross Margin | 20.6% | 21.3% | 19.3% | -0.7pp | 1.3pp |
| Net Margin | 9.6% | 7.8% | 6.1% | 1.8pp | 3.5pp |
| EPS (Diluted) | $0.71 | $0.54 | $0.40 | 31.5% | 77.5% |
| Free Cash Flow | $77M | $49M | $67M | 57.5% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $590M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | -$57M |
| Operating Expenses | $66M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $87M |
| Interest Income | $7M |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $26M |
| EBIT | $81M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $590M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | -$57M |
| Operating Expenses | $66M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $87M |
| Interest Income | $7M |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $26M |
| EBIT | $81M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$351.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $506M |
| Short-Term Investments | $7M |
| Net Receivables | $675M |
| Inventory | $218M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $821M |
| Goodwill | $51M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $171M |
| Short-Term Debt | $0 |
| Deferred Revenue | $118M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $764M |
| Long-Term Debt | $486M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $862M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $28M |
| Additional Paid-In Capital | $77M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$558M |
| Accum. Other Comp. Income | -$388M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $908M |
| Minority Interest | $6M |
| TOTAL EQUITY | $914M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $900M |
| Net Debt | $394M |
