| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | — | — | — |
| Op. Income | -$270M | — | — | — | — |
| Gross Margin | 63.3% | — | — | — | — |
| Net Margin | -33.6% | — | — | — | — |
| EPS (Diluted) | $-1.44 | — | — | — | — |
| Free Cash Flow | $278M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $386M |
| GROSS PROFIT | $665M |
| R&D Expenses | $585M |
| Selling & Marketing | $58M |
| General & Administrative | $283M |
| SG&A Expenses | $341M |
| Other Expenses | $8M |
| Operating Expenses | $935M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$270M |
| Interest Income | $304M |
| Interest Expense | $8M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$263M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | -$353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$353M |
| D&A | $191M |
| EBIT | -$270M |
| EBITDA | -$79M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$353M |
| Depreciation & Amortization | $191M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $79M |
| Other Non-Cash Items | $685M |
| Change in Working Capital | -$252M |
| OPERATING CASH FLOW | $350M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $299M |
| Purchases of Investments | -$5.0B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $278M |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $8.4B |
| Net Receivables | $1.2B |
| Inventory | $129M |
| Other Current Assets | $246M |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $1.5B |
| Goodwill | $430M |
| Intangible Assets | $1.9B |
| Long-Term Investments | $2.9B |
| Tax Assets | $16M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $25.7B |
| Account Payables | $625M |
| Short-Term Debt | $61M |
| Deferred Revenue | $882M |
| Other Current Liabilities | $859M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $99M |
| Other Non-Current Liabilities | $274M |
| TOTAL NON-CURRENT LIABILITIES | $727M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $303M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $21.0B |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.5B |
| TOTAL LIABILITIES & EQUITY | $25.7B |
| Total Debt | $313M |
| Net Debt | -$8.7B |
