| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $918M | $932M | $909M | -1.5% | 1.0% |
| Op. Income | $119M | $121M | $78M | -1.6% | 52.3% |
| Gross Margin | 26.9% | 25.7% | 24.5% | 1.2pp | 2.4pp |
| Net Margin | 6.9% | -17.4% | 0.6% | 24.3pp | 6.2pp |
| EPS (Diluted) | $0.43 | $-1.10 | $0.04 | 139.1% | 975.0% |
| Free Cash Flow | $152M | $128M | $131M | 18.3% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $918M |
| Cost of Revenue | $671M |
| GROSS PROFIT | $247M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $799M |
| OPERATING INCOME | $119M |
| Interest Income | $5M |
| Interest Expense | $116M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $67M |
| EBIT | $191M |
| EBITDA | $258M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $918M |
| Cost of Revenue | $671M |
| GROSS PROFIT | $247M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $799M |
| OPERATING INCOME | $119M |
| Interest Income | $5M |
| Interest Expense | $116M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $67M |
| EBIT | $191M |
| EBITDA | $258M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | -$463.0K |
| Deferred Income Tax | $857.6K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $202M |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $91.0K |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $465.9K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$354M |
| NET CASH FROM FINANCING | -$370M |
| FREE CASH FLOW | $152M |
| Net Change in Cash | -$218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $0 |
| Net Receivables | $657M |
| Inventory | $618M |
| Other Current Assets | $146M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $777M |
| Goodwill | $3.2B |
| Intangible Assets | $412M |
| Long-Term Investments | $8M |
| Tax Assets | $277M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $413M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $775M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $227M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.9B |
| Net Debt | $2.3B |
