| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.8B | -6.2% | -4.8% |
| Op. Income | $129M | $128M | $138M | 0.8% | -6.5% |
| Gross Margin | 12.6% | 12.2% | 12.6% | 0.5pp | 0.0pp |
| Net Margin | 4.9% | 4.2% | 5.3% | 0.7pp | -0.5pp |
| EPS (Diluted) | $1.87 | $1.69 | $2.00 | 10.7% | -6.5% |
| Free Cash Flow | $250M | $144M | $100M | 73.6% | 150.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $3M |
| Operating Expenses | $92M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $40M |
| EBIT | $129M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $3M |
| Operating Expenses | $92M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $40M |
| EBIT | $129M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $135M |
| OPERATING CASH FLOW | $258M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$98M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $853M |
| Inventory | $0 |
| Other Current Assets | $144M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $303M |
| Goodwill | $2.9B |
| Intangible Assets | $761M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $500M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $442M |
| TOTAL CURRENT LIABILITIES | $982M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $100M |
| 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 | $2.7B |
| Net Debt | $2.5B |
