| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $412M | $376M | -4.5% | 4.5% |
| Op. Income | $38M | $58M | $42M | -33.8% | -9.1% |
| Gross Margin | 31.4% | 34.3% | 31.7% | -2.9pp | -0.4pp |
| Net Margin | 6.5% | 9.0% | 8.0% | -2.5pp | -1.5pp |
| EPS (Diluted) | $0.60 | $0.87 | $0.71 | -31.0% | -15.5% |
| Free Cash Flow | $13M | $24M | -$2M | -46.5% | 846.4% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$63.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $305M |
| Inventory | $678M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $579M |
| Goodwill | $440M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $71M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $138M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $738M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $787M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $124M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$612M |
| Accum. Other Comp. Income | -$170M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $779M |
| Net Debt | $742M |
