| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $249M | $235M | 11.2% | 18.0% |
| Op. Income | $58M | $43M | $32M | 33.0% | 83.0% |
| Gross Margin | 67.6% | 67.4% | 67.9% | 0.2pp | -0.3pp |
| Net Margin | 6.4% | 16.3% | 12.6% | -9.9pp | -6.2pp |
| EPS (Diluted) | $0.10 | $0.24 | $0.17 | -58.3% | -41.2% |
| Free Cash Flow | $86M | $40M | $52M | 112.8% | 65.9% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $187M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $58M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $187M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $58M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$128.0K |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $54M |
| Net Receivables | $172M |
| Inventory | $144M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $671M |
| PP&E (Net) | $164M |
| Goodwill | $392M |
| Intangible Assets | $87M |
| Long-Term Investments | $300M |
| Tax Assets | $384M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $275M |
| Other Non-Current Liabilities | $88.0K |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $513M |
| Common Stock | $335.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $412M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $79M |
| Net Debt | -$167M |
