| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $540M | $533M | $521M | 1.5% | 3.7% |
| Op. Income | $154M | $129M | $119M | 19.2% | 29.2% |
| Gross Margin | 58.7% | 62.2% | 63.9% | -3.5pp | -5.2pp |
| Net Margin | 20.0% | 24.4% | 16.9% | -4.5pp | 3.0pp |
| EPS (Diluted) | $0.52 | $0.60 | $0.41 | -13.3% | 26.8% |
| Free Cash Flow | $117M | $119M | $142M | -1.5% | -17.4% |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $317M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | -$38M |
| Operating Expenses | $163M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $154M |
| Interest Income | $20M |
| Interest Expense | $10M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | -$34M |
| EBIT | $119M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $317M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | -$38M |
| Operating Expenses | $163M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $154M |
| Interest Income | $20M |
| Interest Expense | $10M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | -$34M |
| EBIT | $119M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | -$225M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$226M |
| Net Debt Issuance | -$476M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $710.0K |
| NET CASH FROM FINANCING | -$478M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | -$517M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $839M |
| Short-Term Investments | $260M |
| Net Receivables | $403M |
| Inventory | $302M |
| Other Current Assets | $192M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $924M |
| Goodwill | $2.7B |
| Intangible Assets | $386M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $439M |
| TOTAL CURRENT LIABILITIES | $512M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $351M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$377M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.7B |
| Net Debt | $815M |
