| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $614M | $611M | $640M | 0.6% | -4.0% |
| Op. Income | $50M | $48M | $54M | 2.9% | -8.3% |
| Gross Margin | 37.8% | 36.9% | 30.2% | 0.9pp | 7.6pp |
| Net Margin | 6.7% | 6.5% | 7.0% | 0.2pp | -0.3pp |
| EPS (Diluted) | $2.23 | $2.13 | $2.39 | 4.7% | -6.7% |
| Free Cash Flow | $55M | $24M | $64M | 123.8% | -14.2% |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $36M |
| Operating Expenses | $183M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $38M |
| EBIT | $51M |
| EBITDA | $89M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $36M |
| Operating Expenses | $183M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $38M |
| EBIT | $51M |
| EBITDA | $89M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $383.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$116.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $6M |
| Net Receivables | $285M |
| Inventory | $373M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $905M |
| PP&E (Net) | $900M |
| Goodwill | $658M |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $977.0K |
| Other Non-Current Assets | $209M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $264M |
| TOTAL NON-CURRENT LIABILITIES | $319M |
| TOTAL LIABILITIES | $609M |
| Common Stock | $2M |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $72M |
| Net Debt | -$131M |
