| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.2B | — | -11.9% | — |
| Op. Income | $240M | $400M | — | -40.0% | — |
| Gross Margin | 14.5% | 18.2% | — | -3.7pp | — |
| Net Margin | 5.0% | 8.8% | — | -3.8pp | — |
| EPS (Diluted) | $0.39 | $0.76 | — | -48.7% | — |
| Free Cash Flow | -$113M | $358M | — | -131.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $409M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $240M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $114M |
| EBIT | $209M |
| EBITDA | $323M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $409M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $0 |
| Operating Expenses | $169M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $240M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $114M |
| EBIT | $209M |
| EBITDA | $323M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $157M |
| Change in Working Capital | -$274M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$246M |
| Acquisitions (Net) | -$39.1K |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $314M |
| Net Debt Issuance | -$488.9K |
| Common Stock Repurchased | -$462M |
| Common Dividends Paid | -$87M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$595M |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | -$617M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $506M |
| Short-Term Investments | $878M |
| Net Receivables | $409M |
| Inventory | $438M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $4.7B |
| Goodwill | $2.0B |
| Intangible Assets | $148M |
| Long-Term Investments | $1.1B |
| Tax Assets | $156M |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $793M |
| Short-Term Debt | $474M |
| Deferred Revenue | $205M |
| Other Current Liabilities | $424M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $406M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$157M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $720M |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $2.3B |
| Net Debt | $1.8B |
