| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $947M | $933M | $935M | 1.5% | 1.3% |
| Op. Income | $80M | $78M | $82M | 2.3% | -2.8% |
| Gross Margin | 52.2% | 51.5% | 51.2% | 0.6pp | 0.9pp |
| Net Margin | 5.3% | 4.9% | 5.1% | 0.4pp | 0.1pp |
| EPS (Diluted) | $0.49 | $0.44 | $0.46 | 11.4% | 6.5% |
| Free Cash Flow | $78M | $49M | $73M | 58.8% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $947M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $66M |
| General & Administrative | $369M |
| SG&A Expenses | $434M |
| Other Expenses | -$20M |
| Operating Expenses | $414M |
| Cost & Expenses | $867M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $947M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $66M |
| General & Administrative | $369M |
| SG&A Expenses | $434M |
| Other Expenses | -$20M |
| Operating Expenses | $414M |
| Cost & Expenses | $867M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $988M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $931M |
| Goodwill | $541M |
| Intangible Assets | $53M |
| Long-Term Investments | $59.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $225M |
| Short-Term Debt | $4M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $92M |
| TOTAL CURRENT LIABILITIES | $576M |
| Long-Term Debt | $862M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $979.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $898M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $794M |
| Minority Interest | $0 |
| TOTAL EQUITY | $794M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
