| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $809M | $753M | $777M | 7.4% | 4.1% |
| Op. Income | $153M | $142M | $149M | 7.2% | 2.3% |
| Gross Margin | 46.3% | 47.3% | 46.7% | -1.1pp | -0.4pp |
| Net Margin | 15.3% | 13.7% | 15.9% | 1.6pp | -0.6pp |
| EPS (Diluted) | $0.85 | $0.70 | $0.82 | 21.4% | 3.7% |
| Free Cash Flow | $175M | $90M | $148M | 93.6% | 18.1% |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $434M |
| GROSS PROFIT | $374M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $17M |
| Operating Expenses | $221M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $31M |
| EBIT | $153M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $434M |
| GROSS PROFIT | $374M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $17M |
| Operating Expenses | $221M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $31M |
| EBIT | $153M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492M |
| Short-Term Investments | $0 |
| Net Receivables | $527M |
| Inventory | $327M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $164M |
| Goodwill | $1.8B |
| Intangible Assets | $412M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $543M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $362M |
| Short-Term Debt | $502M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $112M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$930M |
| Accum. Other Comp. Income | $132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.1B |
| Net Debt | $1.6B |
