| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $460M | $503M | 10.5% | 1.1% |
| Op. Income | $60M | $41M | $26M | 44.6% | 133.7% |
| Gross Margin | 16.4% | 13.4% | 9.8% | 3.0pp | 6.7pp |
| Net Margin | 8.8% | 6.5% | 2.9% | 2.3pp | 5.9pp |
| EPS (Diluted) | $6.48 | $4.29 | $2.10 | 51.0% | 208.6% |
| Free Cash Flow | $23M | $22M | $109M | 5.1% | -78.9% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | -$137.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $448M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | -$137.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $448M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $94.0K |
| Deferred Income Tax | $809.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $225.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $669M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $801M |
| PP&E (Net) | $341M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $421M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $78M |
| Short-Term Debt | $24M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $509M |
| Common Stock | $3M |
| Additional Paid-In Capital | $103M |
| Retained Earnings | $835M |
| Treasury Stock | -$219M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $714M |
| Minority Interest | $0 |
| TOTAL EQUITY | $714M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $279M |
| Net Debt | $246M |
