| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $969M | — | 6.2% |
| Op. Income | $156M | — | $128M | — | 21.3% |
| Gross Margin | 30.8% | — | 30.0% | — | 0.8pp |
| Net Margin | 10.5% | — | 9.0% | — | 1.5pp |
| EPS (Diluted) | $5.51 | — | $4.32 | — | 27.5% |
| Free Cash Flow | $69M | — | $35M | — | 97.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $712M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $186M |
| Other Expenses | -$25M |
| Operating Expenses | $161M |
| Cost & Expenses | $874M |
| OPERATING INCOME | $156M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $23M |
| EBIT | $156M |
| EBITDA | $178M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $712M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $186M |
| Other Expenses | -$25M |
| Operating Expenses | $161M |
| Cost & Expenses | $874M |
| OPERATING INCOME | $156M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $23M |
| EBIT | $156M |
| EBITDA | $178M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$886.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $0 |
| Net Receivables | $903M |
| Inventory | $588M |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $686M |
| Goodwill | $977M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $374M |
| Short-Term Debt | $0 |
| Deferred Revenue | $77M |
| Other Current Liabilities | $281M |
| TOTAL CURRENT LIABILITIES | $746M |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.7B |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $9M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $921M |
| Net Debt | $761M |
