| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $753M | $731M | $617M | 3.0% | 22.1% |
| Op. Income | $72M | $62M | $51M | 16.4% | 41.1% |
| Gross Margin | 20.8% | 20.3% | 21.1% | 0.6pp | -0.2pp |
| Net Margin | 7.0% | 5.7% | 2.3% | 1.4pp | 4.7pp |
| EPS (Diluted) | $0.50 | $0.40 | $0.14 | 25.0% | 257.1% |
| Free Cash Flow | $42M | $37M | $24M | 13.3% | 75.1% |
| Item | Amount |
|---|---|
| REVENUE | $753M |
| Cost of Revenue | $596M |
| GROSS PROFIT | $157M |
| R&D Expenses | $7M |
| Selling & Marketing | $22M |
| General & Administrative | $49M |
| SG&A Expenses | $70M |
| Other Expenses | $7M |
| Operating Expenses | $85M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $34M |
| EBIT | $72M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $753M |
| Cost of Revenue | $596M |
| GROSS PROFIT | $157M |
| R&D Expenses | $7M |
| Selling & Marketing | $22M |
| General & Administrative | $49M |
| SG&A Expenses | $70M |
| Other Expenses | $7M |
| Operating Expenses | $85M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $34M |
| EBIT | $72M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $72.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | $217.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$950.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $550.0K |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $0 |
| Net Receivables | $947M |
| Inventory | $254M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.1B |
| Goodwill | $670M |
| Intangible Assets | $164M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $506M |
| Short-Term Debt | $4M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $905M |
| Long-Term Debt | $913M |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $115.0K |
| Additional Paid-In Capital | $940M |
| Retained Earnings | $965M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.0B |
| Net Debt | $534M |
