| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $742M | $671M | $660M | 10.6% | 12.4% |
| Op. Income | $231M | $205M | $182M | 12.9% | 27.3% |
| Gross Margin | 60.5% | 57.7% | 59.5% | 2.7pp | 1.0pp |
| Net Margin | 20.3% | 18.3% | 13.2% | 2.0pp | 7.1pp |
| EPS (Diluted) | $0.81 | $0.65 | $0.47 | 23.2% | 72.5% |
| Free Cash Flow | $279M | -$43M | $308M | 741.1% | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $742M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $190M |
| General & Administrative | $39M |
| SG&A Expenses | $229M |
| Other Expenses | -$11M |
| Operating Expenses | $218M |
| Cost & Expenses | $511M |
| OPERATING INCOME | $231M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $33M |
| EBIT | $231M |
| EBITDA | $265M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $742M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $190M |
| General & Administrative | $39M |
| SG&A Expenses | $229M |
| Other Expenses | -$11M |
| Operating Expenses | $218M |
| Cost & Expenses | $511M |
| OPERATING INCOME | $231M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $33M |
| EBIT | $231M |
| EBITDA | $265M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$568.2K |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $305M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$622.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$197M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$246M |
| FREE CASH FLOW | $279M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $0 |
| Net Receivables | $291M |
| Inventory | $786M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $605M |
| Goodwill | $1.8B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $184M |
| Short-Term Debt | $18M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $529M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $184M |
| Other Non-Current Liabilities | $399M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $786M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
