| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $835M | 11.6% | 68.2% |
| Op. Income | $1.1B | $958M | $534M | 12.7% | 101.9% |
| Gross Margin | 87.6% | 87.7% | 85.5% | -0.1pp | 2.0pp |
| Net Margin | 59.5% | 65.1% | 52.0% | -5.6pp | 7.5pp |
| EPS (Diluted) | $2.45 | $2.39 | $1.25 | 2.5% | 96.0% |
| Free Cash Flow | $1.1B | $772M | $548M | 36.4% | 92.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $175M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $44M |
| Selling & Marketing | $49M |
| General & Administrative | $59M |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $836M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $35M |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $175M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $44M |
| Selling & Marketing | $49M |
| General & Administrative | $59M |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $836M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $35M |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $836M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$425M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $362M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$502M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $135M |
| NET CASH FROM FINANCING | -$560M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $474M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $217M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $131M |
| Goodwill | $1.5B |
| Intangible Assets | $422M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $762M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $516M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $284M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $428M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $3.5B |
| Net Debt | $1.8B |
