| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $846M | $794M | $965M | 6.5% | -12.3% |
| Op. Income | $97M | $30M | $146M | 223.3% | -33.6% |
| Gross Margin | 26.2% | 13.7% | 27.5% | 12.5pp | -1.2pp |
| Net Margin | 6.7% | 1.9% | 9.8% | 4.8pp | -3.1pp |
| EPS (Diluted) | $1.41 | $0.37 | $2.27 | 281.1% | -37.9% |
| Free Cash Flow | $33M | -$2M | $119M | 1750.0% | -72.3% |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $624M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $57M |
| Operating Expenses | $125M |
| Cost & Expenses | $749M |
| OPERATING INCOME | $97M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $99M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $624M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $57M |
| Operating Expenses | $125M |
| Cost & Expenses | $749M |
| OPERATING INCOME | $97M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $99M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $411M |
| Inventory | $434M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $1.5B |
| Goodwill | $128M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $383M |
| Short-Term Debt | $52M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $158M |
| TOTAL CURRENT LIABILITIES | $653M |
| Long-Term Debt | $778M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $148M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $45M |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$330M |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $977M |
| Minority Interest | $0 |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $880M |
| Net Debt | $786M |
