| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $954M | $809M | 6.0% | 24.9% |
| Op. Income | $159M | $118M | $92M | 34.4% | 71.8% |
| Gross Margin | 65.7% | 61.5% | 60.6% | 4.2pp | 5.1pp |
| Net Margin | 15.0% | -5.5% | 4.8% | 20.4pp | 10.2pp |
| EPS (Diluted) | $0.46 | $-0.15 | $0.11 | 400.0% | 300.0% |
| Free Cash Flow | $174M | $107M | $177M | 63.2% | -1.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $346M |
| GROSS PROFIT | $665M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $506M |
| Other Expenses | $127.3K |
| Operating Expenses | $506M |
| Cost & Expenses | $852M |
| OPERATING INCOME | $159M |
| Interest Income | $10M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | -$381.8K |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $41M |
| EBIT | $161M |
| EBITDA | $202M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $346M |
| GROSS PROFIT | $665M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $506M |
| Other Expenses | $127.3K |
| Operating Expenses | $506M |
| Cost & Expenses | $852M |
| OPERATING INCOME | $159M |
| Interest Income | $10M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | -$381.8K |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $41M |
| EBIT | $161M |
| EBITDA | $202M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$254.6K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $80M |
| Net Receivables | $434M |
| Inventory | $484M |
| Other Current Assets | $210M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $783M |
| Goodwill | $0 |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $217M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $198M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $658M |
| TOTAL CURRENT LIABILITIES | $953M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $588M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $43M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $399M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $641M |
| Net Debt | -$583M |
