| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | — | $3.4B | — | 10.8% |
| Op. Income | $576M | — | $489M | — | 17.8% |
| Gross Margin | 73.6% | — | 75.3% | — | -1.7pp |
| Net Margin | 11.9% | — | 13.5% | — | -1.6pp |
| EPS (Diluted) | $1.60 | — | $1.58 | — | 1.3% |
| Free Cash Flow | $911M | — | $623M | — | 46.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $989M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $648M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $576M |
| Interest Income | $57M |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $556M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $447M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $447M |
| D&A | $99M |
| EBIT | $556M |
| EBITDA | $655M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $989M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $648M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $576M |
| Interest Income | $57M |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $556M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $447M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $447M |
| D&A | $99M |
| EBIT | $556M |
| EBITDA | $655M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $447M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | $389M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $972M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$106M |
| Purchases of Investments | -$280M |
| Sales/Maturities of Investments | $243M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$208M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $911M |
| Net Change in Cash | -$621M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $637M |
| Short-Term Investments | $50M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $385M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $248M |
| Goodwill | $393M |
| Intangible Assets | $71M |
| Long-Term Investments | $99M |
| Tax Assets | $664M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $258M |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $917M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.0B |
| Retained Earnings | -$4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $36M |
| Net Debt | -$601M |
