| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 1.7% | 6.7% |
| Op. Income | $283M | $278M | $271M | 1.7% | 4.5% |
| Gross Margin | 42.8% | 42.6% | 42.9% | 0.3pp | -0.1pp |
| Net Margin | 14.3% | 13.9% | 18.2% | 0.5pp | -3.8pp |
| EPS (Diluted) | $4.65 | $4.43 | $5.54 | 5.0% | -16.1% |
| Free Cash Flow | $314M | $196M | $229M | 59.9% | 37.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $880M |
| GROSS PROFIT | $660M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | $55M |
| Operating Expenses | $377M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $85M |
| EBIT | $286M |
| EBITDA | $371M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $880M |
| GROSS PROFIT | $660M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | $55M |
| Operating Expenses | $377M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $85M |
| EBIT | $286M |
| EBITDA | $371M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $221M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $343M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $314M |
| Net Change in Cash | $218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.1B |
| Other Current Assets | $305M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $820M |
| Goodwill | $8.5B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $560M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $460M |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $367M |
| Other Non-Current Liabilities | $554M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$458M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $2.5B |
| Net Debt | $2.0B |
