| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | -5.0% | 6.2% |
| Op. Income | $137M | $140M | $53M | -2.1% | 158.5% |
| Gross Margin | 18.8% | 20.3% | 15.9% | -1.5pp | 2.9pp |
| Net Margin | 4.8% | 4.7% | -0.2% | 0.1pp | 4.9pp |
| EPS (Diluted) | $0.95 | $0.99 | $-0.03 | -4.0% | 3266.7% |
| Free Cash Flow | $171M | $130M | $128M | 31.5% | 33.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $137M |
| Interest Income | $5M |
| Interest Expense | -$133M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $20M |
| 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 | $38M |
| EBIT | $137M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $137M |
| Interest Income | $5M |
| Interest Expense | -$133M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $20M |
| 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 | $38M |
| EBIT | $137M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | $154M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $112M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $76M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $263M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $772M |
| Short-Term Investments | $0 |
| Net Receivables | $730M |
| Inventory | $1.1B |
| Other Current Assets | $114M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $886M |
| Goodwill | $1.1B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $410M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $683M |
| Short-Term Debt | $39M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $321M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $942M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.8B |
| Net Debt | $2.0B |
