| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.7B | — | 10.6% | — |
| Op. Income | $143M | $169M | — | -15.4% | — |
| Gross Margin | 44.6% | 45.9% | — | -1.3pp | — |
| Net Margin | 5.8% | -0.9% | — | 6.8pp | — |
| EPS (Diluted) | $0.21 | $-0.03 | — | 784.0% | — |
| Free Cash Flow | $203M | -$25M | — | 912.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $834M |
| R&D Expenses | $0 |
| Selling & Marketing | $201M |
| General & Administrative | $175M |
| SG&A Expenses | $376M |
| Other Expenses | $315M |
| Operating Expenses | $691M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $190M |
| EBIT | $149M |
| EBITDA | $339M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $834M |
| R&D Expenses | $0 |
| Selling & Marketing | $201M |
| General & Administrative | $175M |
| SG&A Expenses | $376M |
| Other Expenses | $315M |
| Operating Expenses | $691M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $190M |
| EBIT | $149M |
| EBITDA | $339M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $46M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $62M |
| Other Current Assets | $255M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $630M |
| Goodwill | $2.1B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $8M |
| Tax Assets | $111M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $257M |
| Short-Term Debt | $0 |
| Deferred Revenue | $335M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $164M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$189M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $647M |
| Minority Interest | $110M |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $4.6B |
| Net Debt | $4.1B |
