| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $407M | $268M | $135M | 51.9% | 201.5% |
| Op. Income | $150M | $79M | $26M | 89.9% | 471.2% |
| Gross Margin | 68.5% | 67.5% | 63.6% | 1.0pp | 4.9pp |
| Net Margin | 38.6% | 30.8% | 21.7% | 7.8pp | 16.9pp |
| EPS (Diluted) | $0.82 | $0.44 | $0.16 | 86.4% | 412.5% |
| Free Cash Flow | $140M | $38M | -$383.0K | 263.1% | 36576.0% |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $279M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $157M |
| D&A | $0 |
| EBIT | $159M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $279M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $157M |
| D&A | $0 |
| EBIT | $159M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $157M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $165M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $138M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $348M |
| NET CASH FROM FINANCING | $348M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | $653M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $81M |
| Net Receivables | $243M |
| Inventory | $208M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $122M |
| Goodwill | $71M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $251M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $94M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $188M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $1.6B |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $13M |
| Net Debt | -$1.2B |
