| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.9B | — | -15.8% | — |
| Op. Income | $81M | $231M | — | -64.9% | — |
| Gross Margin | 39.5% | 40.8% | — | -1.4pp | — |
| Net Margin | 3.2% | 8.4% | — | -5.2pp | — |
| EPS (Diluted) | $0.40 | $1.26 | — | -68.3% | — |
| Free Cash Flow | $26M | $296M | — | -91.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $973M |
| GROSS PROFIT | $635M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $534M |
| Other Expenses | $20M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $81M |
| Interest Income | $12M |
| Interest Expense | $27M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$500.0K |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $81M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $973M |
| GROSS PROFIT | $635M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $534M |
| Other Expenses | $20M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $81M |
| Interest Income | $12M |
| Interest Expense | $27M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$500.0K |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $81M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $80.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.1B |
| Other Current Assets | $378M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $3.3B |
| Goodwill | $1.7B |
| Intangible Assets | $821M |
| Long-Term Investments | $0 |
| Tax Assets | $161M |
| Other Non-Current Assets | -$1.1B |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $675M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $263M |
| Other Non-Current Liabilities | $588M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$479M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
