| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.4B | 1.4% | 14.7% |
| Op. Income | $425M | $431M | $351M | -1.3% | 21.2% |
| Gross Margin | 77.9% | 77.6% | 80.6% | 0.2pp | -2.7pp |
| Net Margin | 18.7% | 21.5% | 226.7% | -2.8pp | -208.0pp |
| EPS (Diluted) | $0.50 | $0.56 | $5.13 | -10.7% | -90.3% |
| Free Cash Flow | $516M | $241M | $320M | 114.3% | 61.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $345M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $281M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | -$11M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $425M |
| Interest Income | $39M |
| Interest Expense | $0 |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $39M |
| EBIT | $348M |
| EBITDA | $388M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $345M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $281M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | -$11M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $425M |
| Interest Income | $39M |
| Interest Expense | $0 |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $39M |
| EBIT | $348M |
| EBITDA | $388M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $290M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $138M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $574M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $670M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$428M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $157M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$897M |
| NET CASH FROM FINANCING | -$740M |
| FREE CASH FLOW | $516M |
| Net Change in Cash | -$595M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $1.2B |
| Net Receivables | $893M |
| Inventory | $1.1B |
| Other Current Assets | $358M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $1.8B |
| Goodwill | $1.8B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $275M |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $800M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $165M |
| Short-Term Debt | $27M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $796M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $598M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $443M |
| Other Non-Current Liabilities | $363M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $658M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $14.1B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$250M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $700M |
| Net Debt | -$2.0B |
