| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.1B | 3.9% | 0.7% |
| Op. Income | $53M | $54M | $54M | -0.9% | -1.4% |
| Gross Margin | 9.9% | 10.1% | 10.3% | -0.2pp | -0.4pp |
| Net Margin | 4.9% | 4.4% | 3.9% | 0.4pp | 0.9pp |
| EPS (Diluted) | $1.87 | $1.64 | $1.48 | 14.0% | 26.4% |
| Free Cash Flow | $97M | $13M | $194M | 638.1% | -49.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $954M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $53M |
| Interest Income | $883.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $19M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $954M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $53M |
| Interest Income | $883.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $19M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $33.0K |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $65.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$151.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $807M |
| Inventory | $1.2B |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $619M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $91M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $738M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $727M |
| Short-Term Debt | $54M |
| Deferred Revenue | $576M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $547.0K |
| Additional Paid-In Capital | $696M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $175M |
| Net Debt | -$131M |
