| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $323M | $304M | -5.3% | 0.8% |
| Op. Income | $41M | $55M | $40M | -24.7% | 3.2% |
| Net Margin | 10.7% | 11.7% | 9.8% | -1.0pp | 0.9pp |
| EPS (Diluted) | $1.48 | $1.66 | $1.24 | -10.8% | 19.4% |
| Free Cash Flow | $77M | $27M | $57M | 186.8% | 34.8% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $265M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $41M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $103.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$109.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$52M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $7M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $197M |
| Goodwill | $1.3B |
| Intangible Assets | $250M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $263M |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $444M |
| Common Stock | $226.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $1.4B |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $109M |
| Net Debt | -$41M |
