| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $799M | — | $804M | — | -0.7% |
| Op. Income | $240M | — | $279M | — | -13.9% |
| Gross Margin | 35.3% | — | 34.2% | — | 1.1pp |
| Net Margin | 20.1% | — | 21.9% | — | -1.8pp |
| EPS (Diluted) | $4.45 | — | $5.03 | — | -11.5% |
| Free Cash Flow | -$226M | — | -$347M | — | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $799M |
| Cost of Revenue | $517M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $240M |
| Interest Income | $10M |
| Interest Expense | $98M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $170M |
| EBIT | $240M |
| EBITDA | $410M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $799M |
| Cost of Revenue | $517M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $240M |
| Interest Income | $10M |
| Interest Expense | $98M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $170M |
| EBIT | $240M |
| EBITDA | $410M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $170M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $296M |
| Capital Expenditure | -$522M |
| Acquisitions (Net) | $99M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$458M |
| Net Debt Issuance | $172M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303M |
| Short-Term Investments | $31M |
| Net Receivables | $54M |
| Inventory | $13M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $434M |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $43M |
| Short-Term Debt | $310M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $458M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $152M |
| Additional Paid-In Capital | $927M |
| Retained Earnings | $738M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $44M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
