| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $805M | $804M | $749M | 0.1% | 7.5% |
| Op. Income | $157M | $174M | $171M | -9.8% | -8.2% |
| Gross Margin | 37.8% | 36.5% | 36.7% | 1.3pp | 1.1pp |
| Net Margin | 16.4% | 17.4% | 17.4% | -1.0pp | -1.0pp |
| EPS (Diluted) | $1.82 | $1.93 | $1.78 | -5.7% | 2.2% |
| Free Cash Flow | $175M | $134M | $85M | 30.7% | 105.4% |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $501M |
| GROSS PROFIT | $304M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $19M |
| Operating Expenses | $147M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $157M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $47M |
| EBIT | $163M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $501M |
| GROSS PROFIT | $304M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $19M |
| Operating Expenses | $147M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $157M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $47M |
| EBIT | $163M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $251M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | $163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $791M |
| Short-Term Investments | $0 |
| Net Receivables | $574M |
| Inventory | $444M |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $110M |
| Intangible Assets | $8M |
| Long-Term Investments | $212M |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $254M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $655M |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $439M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.4B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $321M |
| Net Debt | -$470M |
