| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | — | $2.2B | — | 65.2% |
| Op. Income | $502M | — | -$177M | — | 383.6% |
| Gross Margin | 81.8% | — | 85.6% | — | -3.8pp |
| Net Margin | 8.4% | — | -12.4% | — | 20.8pp |
| EPS (Diluted) | $2.33 | — | $-2.18 | — | 206.9% |
| Free Cash Flow | $465M | — | -$43M | — | 1192.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $677M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $502M |
| Interest Income | $111M |
| Interest Expense | $253M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $56M |
| EBIT | $502M |
| EBITDA | $557M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $677M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $502M |
| Interest Income | $111M |
| Interest Expense | $253M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $56M |
| EBIT | $502M |
| EBITDA | $557M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $314M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $348M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $253M |
| Change in Working Capital | -$445M |
| OPERATING CASH FLOW | $524M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $58M |
| NET CASH FROM INVESTING | $436M |
| Net Debt Issuance | -$547M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | $465M |
| Net Change in Cash | $690M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.3B |
| Net Receivables | $778M |
| Inventory | $83M |
| Other Current Assets | $282M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $708M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $126M |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $916M |
| TOTAL ASSETS | $5.0B |
| Account Payables | $116M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $477M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | -$6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $789M |
| Minority Interest | $0 |
| TOTAL EQUITY | $789M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.3B |
| Net Debt | -$379M |
