| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $581M | $561M | $556M | 3.5% | 4.5% |
| Op. Income | $153M | $145M | $146M | 5.6% | 4.9% |
| Gross Margin | 53.1% | 52.5% | 53.6% | 0.6pp | -0.5pp |
| Net Margin | 24.2% | 23.5% | 20.9% | 0.7pp | 3.3pp |
| EPS (Diluted) | $2.66 | $2.48 | $2.11 | 7.3% | 26.1% |
| Free Cash Flow | $286M | $88M | $212M | 223.4% | 34.7% |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $272M |
| GROSS PROFIT | $308M |
| R&D Expenses | $114M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $155M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $153M |
| Interest Income | $9M |
| Interest Expense | $218.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $0 |
| EBIT | $153M |
| EBITDA | $153M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $272M |
| GROSS PROFIT | $308M |
| R&D Expenses | $114M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $155M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $153M |
| Interest Income | $9M |
| Interest Expense | $218.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $0 |
| EBIT | $153M |
| EBITDA | $153M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $90M |
| OPERATING CASH FLOW | $291M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$74.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$240M |
| NET CASH FROM FINANCING | -$100M |
| FREE CASH FLOW | $286M |
| Net Change in Cash | $185M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $778M |
| Short-Term Investments | $44M |
| Net Receivables | $279M |
| Inventory | $189M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $272M |
| Goodwill | $436M |
| Intangible Assets | $23M |
| Long-Term Investments | $260M |
| Tax Assets | $38M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $69M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | -$98M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $353M |
| Common Stock | $51.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$702.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $255M |
| Net Debt | -$523M |
