| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $621M | $614M | $605M | 1.1% | 2.7% |
| Op. Income | $45M | $50M | $56M | -8.6% | -18.4% |
| Gross Margin | 36.7% | 37.8% | 37.0% | -1.1pp | -0.3pp |
| Net Margin | 5.5% | 6.7% | 7.1% | -1.1pp | -1.6pp |
| EPS (Diluted) | $1.89 | $2.23 | $2.31 | -15.2% | -18.2% |
| Free Cash Flow | -$24M | $55M | $25M | -143.9% | -197.9% |
| Item | Amount |
|---|---|
| REVENUE | $621M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $35M |
| Operating Expenses | $183M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $45M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $36M |
| EBIT | $47M |
| EBITDA | $83M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $621M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $35M |
| Operating Expenses | $183M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $45M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $36M |
| EBIT | $47M |
| EBITDA | $83M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $174.0K |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $6M |
| Net Receivables | $293M |
| Inventory | $380M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $908M |
| Goodwill | $669M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $967.0K |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $91M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $268M |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $590M |
| Common Stock | $2M |
| Additional Paid-In Capital | $107M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $77M |
| Net Debt | -$47M |
