| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $804M | $766M | $747M | 5.0% | 7.7% |
| Op. Income | $174M | $158M | $168M | 9.8% | 3.5% |
| Gross Margin | 36.5% | 35.7% | 35.5% | 0.8pp | 1.0pp |
| Net Margin | 17.4% | 17.2% | 18.2% | 0.2pp | -0.8pp |
| EPS (Diluted) | $1.93 | $1.82 | $1.85 | 6.0% | 4.3% |
| Free Cash Flow | $134M | $102M | $99M | 31.4% | 35.5% |
| Item | Amount |
|---|---|
| REVENUE | $804M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $294M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $174M |
| Interest Income | $5M |
| Interest Expense | $100.0K |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $43M |
| EBIT | $174M |
| EBITDA | $217M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $804M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $294M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $174M |
| Interest Income | $5M |
| Interest Expense | $100.0K |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $43M |
| EBIT | $174M |
| EBITDA | $217M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $197M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $629M |
| Short-Term Investments | $0 |
| Net Receivables | $625M |
| Inventory | $438M |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.8B |
| Goodwill | $111M |
| Intangible Assets | $9M |
| Long-Term Investments | $221M |
| Tax Assets | $28M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $256M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $635M |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $419M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.3B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $298M |
| Net Debt | -$331M |
