| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $982M | -7.9% | 11.3% |
| Op. Income | $158M | $189M | $153M | -16.1% | 3.2% |
| Gross Margin | 46.1% | 46.0% | 45.7% | 0.1pp | 0.4pp |
| Net Margin | 8.7% | 9.3% | 7.8% | -0.5pp | 1.0pp |
| EPS (Diluted) | $0.43 | $0.53 | $0.36 | -18.9% | 19.4% |
| Free Cash Flow | $250M | $208M | $221M | 19.9% | 13.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $589M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $128M |
| Operating Expenses | $345M |
| Cost & Expenses | $934M |
| OPERATING INCOME | $158M |
| Interest Income | $4M |
| Interest Expense | $48M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $125M |
| EBIT | $160M |
| EBITDA | $285M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $589M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $128M |
| Operating Expenses | $345M |
| Cost & Expenses | $934M |
| OPERATING INCOME | $158M |
| Interest Income | $4M |
| Interest Expense | $48M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $125M |
| EBIT | $160M |
| EBITDA | $285M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $166M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$162M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | $10M |
| Acquisitions (Net) | -$164M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$237M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$67M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $250M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $675M |
| Short-Term Investments | $0 |
| Net Receivables | $327M |
| Inventory | $121M |
| Other Current Assets | $689M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $3.0B |
| Goodwill | $4.7B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $660M |
| Short-Term Debt | $353M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $778M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $14M |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $4.5B |
| Net Debt | $3.8B |
