| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.8B | — | -1.0% | — |
| Op. Income | $310M | $260M | — | 19.2% | — |
| Gross Margin | 12.8% | 13.2% | — | -0.4pp | — |
| Net Margin | 6.6% | 5.0% | — | 1.7pp | — |
| EPS (Diluted) | $0.63 | $0.48 | — | 31.3% | — |
| Free Cash Flow | -$71M | $195M | — | -136.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $178M |
| Other Expenses | -$9M |
| Operating Expenses | $169M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $310M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $83M |
| EBIT | $334M |
| EBITDA | $417M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $178M |
| Other Expenses | -$9M |
| Operating Expenses | $169M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $310M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $83M |
| EBIT | $334M |
| EBITDA | $417M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $248M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$321M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $773M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $2.5B |
| Other Current Assets | $312M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $3.6B |
| Goodwill | $1.6B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $202M |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $597M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $581M |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$414M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $257M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $2.4B |
| Net Debt | $1.6B |
