| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $994M | 4.5% | 21.6% |
| Op. Income | $243M | $213M | $152M | 14.1% | 59.5% |
| Gross Margin | 60.5% | 59.5% | 59.7% | 1.0pp | 0.8pp |
| Net Margin | 23.5% | 15.5% | 13.5% | 7.9pp | 9.9pp |
| EPS (Diluted) | $0.70 | $0.45 | $0.34 | 55.6% | 105.9% |
| Free Cash Flow | $579M | $209M | $88M | 177.4% | 556.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $731M |
| R&D Expenses | $158M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $489M |
| Cost & Expenses | $967M |
| OPERATING INCOME | $243M |
| Interest Income | $33M |
| Interest Expense | $5M |
| Other Income/Expenses | $110M |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $64M |
| EBIT | $357M |
| EBITDA | $421M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $731M |
| R&D Expenses | $158M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $489M |
| Cost & Expenses | $967M |
| OPERATING INCOME | $243M |
| Interest Income | $33M |
| Interest Expense | $5M |
| Other Income/Expenses | $110M |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $64M |
| EBIT | $357M |
| EBITDA | $421M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $284M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $118M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $232M |
| OPERATING CASH FLOW | $660M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$194M |
| Sales/Maturities of Investments | $466M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $193M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$187M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $579M |
| Net Change in Cash | $677M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.5B |
| Net Receivables | $1.2B |
| Inventory | $604M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $24M |
| Intangible Assets | $79M |
| Long-Term Investments | $217M |
| Tax Assets | $376M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $452M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $3M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.6B |
| Net Debt | $740M |
