| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | 6.4% | 13.9% |
| Op. Income | $523M | $479M | $468M | 9.1% | 11.7% |
| Gross Margin | 70.8% | 78.4% | 78.3% | -7.5pp | -7.4pp |
| Net Margin | 23.7% | 25.8% | 26.9% | -2.1pp | -3.2pp |
| EPS (Diluted) | $3.91 | $3.98 | $3.90 | -1.8% | 0.3% |
| Free Cash Flow | -$430M | $1.1B | $355M | -139.5% | -221.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $342M |
| GROSS PROFIT | $831M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $179M |
| SG&A Expenses | $296M |
| Other Expenses | $11M |
| Operating Expenses | $307M |
| Cost & Expenses | $649M |
| OPERATING INCOME | $523M |
| Interest Income | $0 |
| Interest Expense | $100M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $422M |
| Income Tax Expense | $143M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $93M |
| EBIT | $522M |
| EBITDA | $615M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $342M |
| GROSS PROFIT | $831M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $179M |
| SG&A Expenses | $296M |
| Other Expenses | $11M |
| Operating Expenses | $307M |
| Cost & Expenses | $649M |
| OPERATING INCOME | $523M |
| Interest Income | $0 |
| Interest Expense | $100M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $422M |
| Income Tax Expense | $143M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $93M |
| EBIT | $522M |
| EBITDA | $615M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $278M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | -$815M |
| OPERATING CASH FLOW | -$379M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$192M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$397.0K |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | -$430M |
| Net Change in Cash | -$617M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $3.7B |
| TOTAL CURRENT ASSETS | $10.1B |
| PP&E (Net) | $453M |
| Goodwill | $6.3B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $2.0B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $610M |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $372M |
| Other Non-Current Liabilities | $520M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $132.0K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $10.0B |
| Treasury Stock | -$8.5B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $43M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $8.1B |
| Net Debt | $6.1B |
