| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $913M | $843M | $855M | 8.4% | 6.8% |
| Op. Income | $212M | $177M | $174M | 20.2% | 22.2% |
| Gross Margin | 32.9% | 30.7% | 30.1% | 2.2pp | 2.8pp |
| Net Margin | 19.0% | 17.7% | 17.1% | 1.3pp | 1.9pp |
| EPS (Diluted) | $4.21 | $3.61 | $3.50 | 16.6% | 20.3% |
| Free Cash Flow | -$78M | -$112M | $189M | 30.1% | -141.4% |
| Item | Amount |
|---|---|
| REVENUE | $913M |
| Cost of Revenue | $613M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $35M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $701M |
| OPERATING INCOME | $212M |
| Interest Income | $15M |
| Interest Expense | $24M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $93M |
| EBIT | $227M |
| EBITDA | $320M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $913M |
| Cost of Revenue | $613M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $35M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $701M |
| OPERATING INCOME | $212M |
| Interest Income | $15M |
| Interest Expense | $24M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $93M |
| EBIT | $227M |
| EBITDA | $320M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $815.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$345M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | $52M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$286M |
| Net Debt Issuance | $98M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$66M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $743M |
| Net Receivables | $229M |
| Inventory | $146M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $4.3B |
| Goodwill | $0 |
| Intangible Assets | $102M |
| Long-Term Investments | $338M |
| Tax Assets | $18M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $165M |
| Short-Term Debt | $204M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $751M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $233M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $31M |
| Additional Paid-In Capital | $219M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$300M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.2B |
| Net Debt | $1.9B |
