| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $457M | $466M | — | -1.9% | — |
| Op. Income | $77M | $91M | — | -15.0% | — |
| Gross Margin | 59.5% | 57.1% | — | 2.3pp | — |
| Net Margin | 11.9% | 13.1% | — | -1.2pp | — |
| EPS (Diluted) | $1.45 | $1.59 | — | -8.8% | — |
| Free Cash Flow | $41M | $198M | — | -79.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $247M |
| General & Administrative | -$67M |
| SG&A Expenses | $181M |
| Other Expenses | $14M |
| Operating Expenses | $194M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $77M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | -$250.0K |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $79M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $247M |
| General & Administrative | -$67M |
| SG&A Expenses | $181M |
| Other Expenses | $14M |
| Operating Expenses | $194M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $77M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | -$250.0K |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $79M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $0 |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $416M |
| PP&E (Net) | $447M |
| Goodwill | $961M |
| Intangible Assets | $765M |
| Long-Term Investments | $0 |
| Tax Assets | $33M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $105M |
| Short-Term Debt | $0 |
| Deferred Revenue | $214M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $508M |
| Long-Term Debt | $553M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $811M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $839.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $774M |
| Net Debt | $574M |
