| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $993M | $1.1B | $916M | -6.2% | 8.4% |
| Op. Income | $192M | $158M | $53M | 21.9% | 262.4% |
| Gross Margin | 46.7% | 47.0% | 42.7% | -0.2pp | 4.0pp |
| Net Margin | 16.5% | 11.3% | 4.5% | 5.2pp | 12.0pp |
| EPS (Diluted) | $1.75 | $1.28 | $0.43 | 36.7% | 307.0% |
| Free Cash Flow | $237M | $42M | $176M | 461.6% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $993M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $464M |
| R&D Expenses | $178M |
| Selling & Marketing | $49M |
| General & Administrative | $32M |
| SG&A Expenses | $81M |
| Other Expenses | $13M |
| Operating Expenses | $272M |
| Cost & Expenses | $801M |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $62M |
| EBIT | $208M |
| EBITDA | $270M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $993M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $464M |
| R&D Expenses | $178M |
| Selling & Marketing | $49M |
| General & Administrative | $32M |
| SG&A Expenses | $81M |
| Other Expenses | $13M |
| Operating Expenses | $272M |
| Cost & Expenses | $801M |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $62M |
| EBIT | $208M |
| EBITDA | $270M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $265M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $237M |
| Net Change in Cash | $215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $520M |
| Inventory | $530M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $755M |
| Goodwill | $2.4B |
| Intangible Assets | $197M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $320M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $241M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $435M |
| TOTAL CURRENT LIABILITIES | $676M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $241M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.5B |
| Net Debt | $231M |
