| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | — | — | — | — |
| Op. Income | $344M | — | — | — | — |
| Gross Margin | 88.1% | — | — | — | — |
| Net Margin | 6.6% | — | — | — | — |
| EPS (Diluted) | $0.70 | — | — | — | — |
| Free Cash Flow | -$64M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $391M |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.5B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $344M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $0 |
| EBIT | $391M |
| EBITDA | $391M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $391M |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.5B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $344M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $0 |
| EBIT | $391M |
| EBITDA | $391M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $215M |
| Depreciation & Amortization | $220M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $844M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | $16M |
| Acquisitions (Net) | $67M |
| Purchases of Investments | -$8.3B |
| Sales/Maturities of Investments | $5.8B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $357M |
| Common Stock Repurchased | -$404M |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$64M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.5B |
| Short-Term Investments | $40.3B |
| Net Receivables | $22.6B |
| Inventory | $0 |
| Other Current Assets | -$39.8B |
| TOTAL CURRENT ASSETS | $35.6B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $5.3B |
| Long-Term Investments | $80.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $197.1B |
| TOTAL NON-CURRENT ASSETS | $282.7B |
| TOTAL ASSETS | $318.3B |
| Account Payables | $4.8B |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.9B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308.6B |
| TOTAL NON-CURRENT LIABILITIES | $315.1B |
| TOTAL LIABILITIES | $316.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $8.4B |
| Treasury Stock | -$5.2B |
| Accum. Other Comp. Income | -$6.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$74M |
| Minority Interest | $1.9B |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $318.3B |
| Total Debt | $6.6B |
| Net Debt | -$5.9B |
