| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $837M | $818M | $776M | 2.3% | 7.8% |
| Op. Income | $88M | $85M | $60M | 2.8% | 45.1% |
| Gross Margin | 79.7% | 79.2% | 79.4% | 0.6pp | 0.4pp |
| Net Margin | 10.8% | 10.2% | 10.8% | 0.6pp | 0.0pp |
| EPS (Diluted) | $0.44 | $0.40 | $0.39 | 10.0% | 12.8% |
| Free Cash Flow | $350M | $263M | $280M | 33.2% | 25.3% |
| Item | Amount |
|---|---|
| REVENUE | $837M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $667M |
| R&D Expenses | $168M |
| Selling & Marketing | $306M |
| General & Administrative | $106M |
| SG&A Expenses | $411M |
| Other Expenses | $0 |
| Operating Expenses | $579M |
| Cost & Expenses | $749M |
| OPERATING INCOME | $88M |
| Interest Income | $14M |
| Interest Expense | $586.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $0 |
| EBIT | $88M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $837M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $667M |
| R&D Expenses | $168M |
| Selling & Marketing | $306M |
| General & Administrative | $106M |
| SG&A Expenses | $411M |
| Other Expenses | $0 |
| Operating Expenses | $579M |
| Cost & Expenses | $749M |
| OPERATING INCOME | $88M |
| Interest Income | $14M |
| Interest Expense | $586.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $0 |
| EBIT | $88M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $229M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $377M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$269M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | -$333M |
| FREE CASH FLOW | $350M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $602M |
| Short-Term Investments | $264M |
| Net Receivables | $527M |
| Inventory | $0 |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $527M |
| Goodwill | $458M |
| Intangible Assets | $61M |
| Long-Term Investments | $239M |
| Tax Assets | $835M |
| Other Non-Current Assets | $618M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $17M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $185M |
| Net Debt | -$417M |
