| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $933M | $883M | $942M | 5.7% | -1.0% |
| Op. Income | $78M | $69M | $72M | 12.7% | 8.9% |
| Gross Margin | 51.5% | 52.0% | 51.0% | -0.4pp | 0.5pp |
| Net Margin | 4.9% | 4.4% | 4.0% | 0.5pp | 0.9pp |
| EPS (Diluted) | $0.44 | $0.38 | $0.36 | 15.8% | 22.2% |
| Free Cash Flow | $49M | $32M | $29M | 52.7% | 70.9% |
| Item | Amount |
|---|---|
| REVENUE | $933M |
| Cost of Revenue | $452M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $403M |
| Operating Expenses | $403M |
| Cost & Expenses | $855M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $17M |
| 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 | $25M |
| EBIT | $78M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $933M |
| Cost of Revenue | $452M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $403M |
| Operating Expenses | $403M |
| Cost & Expenses | $855M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $17M |
| 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 | $25M |
| EBIT | $78M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $1.0B |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $846M |
| Goodwill | $541M |
| Intangible Assets | $56M |
| Long-Term Investments | $311.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $193M |
| Short-Term Debt | $4M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $524M |
| Long-Term Debt | $882M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $994.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $763M |
| Minority Interest | $0 |
| TOTAL EQUITY | $763M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
