| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $515M | $494M | $436M | 4.4% | 18.2% |
| Op. Income | $73M | $73M | $47M | -0.3% | 53.2% |
| Gross Margin | 81.4% | 81.8% | 81.1% | -0.4pp | 0.3pp |
| Net Margin | 7.8% | 11.6% | 82.9% | -3.8pp | -75.2pp |
| EPS (Diluted) | $0.13 | $0.19 | $1.19 | -31.6% | -89.1% |
| Free Cash Flow | $27M | $28M | $38M | -2.1% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $420M |
| R&D Expenses | $121M |
| Selling & Marketing | $174M |
| General & Administrative | $52M |
| SG&A Expenses | $226M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $73M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $84M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $420M |
| R&D Expenses | $121M |
| Selling & Marketing | $174M |
| General & Administrative | $52M |
| SG&A Expenses | $226M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $73M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $84M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $78M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $97M |
| Net Receivables | $468M |
| Inventory | $0 |
| Other Current Assets | $211M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $144M |
| Goodwill | $1.3B |
| Intangible Assets | $23M |
| Long-Term Investments | $58M |
| Tax Assets | $514M |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $11M |
| Short-Term Debt | $18M |
| Deferred Revenue | $925M |
| Other Current Liabilities | $240M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | -$32M |
| TOTAL NON-CURRENT LIABILITIES | $158M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $430M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $154M |
| Net Debt | -$937M |
