| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $2.0B | 5.5% | -5.6% |
| Op. Income | $128M | $139M | $160M | -7.9% | -20.0% |
| Gross Margin | 12.2% | 12.2% | 12.0% | 0.0pp | 0.2pp |
| Net Margin | 4.2% | 7.2% | 5.4% | -3.0pp | -1.2pp |
| EPS (Diluted) | $1.69 | $2.71 | $2.13 | -37.6% | -20.7% |
| Free Cash Flow | $144M | $115M | $134M | 25.2% | 7.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | -$2M |
| Operating Expenses | $99M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $38M |
| EBIT | $127M |
| EBITDA | $165M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | -$2M |
| Operating Expenses | $99M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $38M |
| EBIT | $127M |
| EBITDA | $165M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | $15M |
| Acquisitions (Net) | -$203M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$215M |
| Net Debt Issuance | $191M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $167M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $270M |
| Goodwill | $3.0B |
| Intangible Assets | $779M |
| Long-Term Investments | $76M |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $627M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | -$57M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
