| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.1B | 1.5% | 2.8% |
| Op. Income | $207M | $198M | $176M | 4.5% | 17.6% |
| Gross Margin | 12.8% | 12.9% | 12.0% | -0.0pp | 0.9pp |
| Net Margin | 3.9% | 5.1% | 4.6% | -1.2pp | -0.7pp |
| EPS (Diluted) | $0.68 | $0.89 | $0.79 | -23.6% | -13.9% |
| Free Cash Flow | $215M | $51M | $137M | 321.6% | 56.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $21M |
| Operating Expenses | $64M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $207M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $134M |
| EBIT | $166M |
| EBITDA | $300M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $21M |
| Operating Expenses | $64M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $207M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $134M |
| EBIT | $166M |
| EBITDA | $300M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $66M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $371M |
| Capital Expenditure | -$156M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $261M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $4.4B |
| Goodwill | $1.5B |
| Intangible Assets | $325M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $465M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $925M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $449M |
| Other Non-Current Liabilities | -$189M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $829M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $4.7B |
| Net Debt | $4.4B |
