| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $996M | — | $978M | — | 1.8% |
| Op. Income | $96M | — | $162M | — | -40.7% |
| Gross Margin | 64.2% | — | 69.7% | — | -5.5pp |
| Net Margin | 5.7% | — | 11.9% | — | -6.2pp |
| EPS (Diluted) | $0.78 | — | $1.55 | — | -49.7% |
| Free Cash Flow | $122M | — | $234M | — | -47.8% |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $639M |
| R&D Expenses | $93M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $418M |
| Other Expenses | $32M |
| Operating Expenses | $543M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $96M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $56M |
| EBIT | $96M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $639M |
| R&D Expenses | $93M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $418M |
| Other Expenses | $32M |
| Operating Expenses | $543M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $96M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $56M |
| EBIT | $96M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $189M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$402.0K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $228M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $492M |
| Intangible Assets | $99M |
| Long-Term Investments | $0 |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $121M |
| Net Debt | -$883M |
