| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $588M | $605M | -8.6% | -11.2% |
| Op. Income | $63M | $82M | $46M | -22.7% | 38.5% |
| Gross Margin | 50.8% | 49.8% | 46.3% | 1.1pp | 4.5pp |
| Net Margin | 8.6% | 10.3% | 5.5% | -1.7pp | 3.1pp |
| EPS (Diluted) | $4.25 | $5.45 | $2.87 | -22.0% | 48.1% |
| Free Cash Flow | $89M | $112M | $99M | -20.5% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $45M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $63M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $685.0K |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $23M |
| EBIT | $64M |
| EBITDA | $87M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $45M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $63M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $685.0K |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $23M |
| EBIT | $64M |
| EBITDA | $87M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $5.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$440.0K |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$384.0K |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $102M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $612M |
| Goodwill | $113M |
| Intangible Assets | $15M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $785M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $102M |
| Short-Term Debt | $13M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $107.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$463.0K |
| Other Equity | $691M |
| TOTAL STOCKHOLDERS' EQUITY | $911M |
| Minority Interest | $0 |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $41M |
| Net Debt | -$210M |
