| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $2.8B | 1.0% | 5.3% |
| Op. Income | $554M | $597M | $558M | -7.2% | -0.8% |
| Gross Margin | 24.6% | 34.7% | 32.4% | -10.1pp | -7.9pp |
| Net Margin | 15.0% | 15.0% | 18.1% | 0.0pp | -3.2pp |
| EPS (Diluted) | $0.86 | $0.82 | $0.94 | 4.9% | -8.5% |
| Free Cash Flow | $666M | $129M | $310M | 417.4% | 114.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $736M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $546M |
| Other Expenses | -$364M |
| Operating Expenses | $182M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $554M |
| Interest Income | $54M |
| Interest Expense | $16M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $461M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $449M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $449M |
| D&A | $210M |
| EBIT | $619M |
| EBITDA | $829M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $736M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $546M |
| Other Expenses | -$364M |
| Operating Expenses | $182M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $554M |
| Interest Income | $54M |
| Interest Expense | $16M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $461M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $449M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $449M |
| D&A | $210M |
| EBIT | $619M |
| EBITDA | $829M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $449M |
| Depreciation & Amortization | $163M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $156M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $787M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $263M |
| NET CASH FROM INVESTING | $124M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$537M |
| Common Dividends Paid | -$300M |
| Other Financing Activities | -$856.0K |
| NET CASH FROM FINANCING | -$881M |
| FREE CASH FLOW | $666M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $2.3B |
| Net Receivables | $2.0B |
| Inventory | $3.6B |
| Other Current Assets | $635M |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $6.3B |
| Goodwill | $0 |
| Intangible Assets | $1.4B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $973M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $873M |
| Short-Term Debt | $305M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $368.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $802M |
| TOTAL NON-CURRENT LIABILITIES | $897M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $16.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.6B |
| Minority Interest | $230M |
| TOTAL EQUITY | $16.8B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $449M |
| Net Debt | -$124M |
