| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $755M | $736M | $700M | 2.6% | 7.8% |
| Op. Income | $59M | $58M | $20M | 2.1% | 199.1% |
| Gross Margin | 79.3% | 78.9% | 79.6% | 0.4pp | -0.4pp |
| Net Margin | 8.3% | 120.7% | 5.5% | -112.4pp | 2.7pp |
| EPS (Diluted) | $0.30 | $4.26 | $0.19 | -93.0% | 57.9% |
| Free Cash Flow | $211M | $198M | $240M | 6.5% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $755M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $598M |
| R&D Expenses | $151M |
| Selling & Marketing | $291M |
| General & Administrative | $98M |
| SG&A Expenses | $388M |
| Other Expenses | $0 |
| Operating Expenses | $539M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $59M |
| Interest Income | $13M |
| Interest Expense | $462.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $28M |
| EBIT | $72M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $755M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $598M |
| R&D Expenses | $151M |
| Selling & Marketing | $291M |
| General & Administrative | $98M |
| SG&A Expenses | $388M |
| Other Expenses | $0 |
| Operating Expenses | $539M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $59M |
| Interest Income | $13M |
| Interest Expense | $462.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $28M |
| EBIT | $72M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $153M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $234M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$173M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$51M |
| NET CASH FROM FINANCING | -$198M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $611M |
| Short-Term Investments | $332M |
| Net Receivables | $314M |
| Inventory | $0 |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $392M |
| Goodwill | $456M |
| Intangible Assets | $83M |
| Long-Term Investments | $113M |
| Tax Assets | $817M |
| Other Non-Current Assets | $578M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $131M |
| Net Debt | -$480M |
