| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $915M | $884M | $848M | 3.6% | 8.0% |
| Op. Income | $120M | $124M | $117M | -2.8% | 2.2% |
| Gross Margin | 27.2% | 27.2% | 27.1% | 0.0pp | 0.1pp |
| Net Margin | 11.8% | 12.3% | 12.0% | -0.5pp | -0.2pp |
| EPS (Diluted) | $1.76 | $1.78 | $1.63 | -1.1% | 8.0% |
| Free Cash Flow | $99M | $59M | $137M | 66.8% | -27.8% |
| Item | Amount |
|---|---|
| REVENUE | $915M |
| Cost of Revenue | $666M |
| GROSS PROFIT | $249M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $795M |
| OPERATING INCOME | $120M |
| Interest Income | $838.0K |
| Interest Expense | $11M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $18M |
| 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 | $29M |
| EBIT | $120M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $915M |
| Cost of Revenue | $666M |
| GROSS PROFIT | $249M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $795M |
| OPERATING INCOME | $120M |
| Interest Income | $838.0K |
| Interest Expense | $11M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $18M |
| 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 | $29M |
| EBIT | $120M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | $579.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $0 |
| Net Receivables | $865M |
| Inventory | $657M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $942M |
| Goodwill | $814M |
| Intangible Assets | $435M |
| Long-Term Investments | $69M |
| Tax Assets | $86M |
| Other Non-Current Assets | $306M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $284M |
| Short-Term Debt | $429M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $504M |
| Deferred Revenue NC | $431M |
| Deferred Tax Liabilities | $128M |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $473M |
| Retained Earnings | $3.5B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $953M |
| Net Debt | $480M |
