| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $543M | $530M | $481M | 2.5% | 12.7% |
| Op. Income | $78M | $76M | $71M | 2.4% | 9.5% |
| Gross Margin | 38.6% | 38.5% | 38.1% | 0.1pp | 0.5pp |
| Net Margin | 11.1% | 11.0% | 10.5% | 0.1pp | 0.6pp |
| EPS (Diluted) | $0.38 | $0.36 | $0.31 | 5.6% | 22.6% |
| Free Cash Flow | $107M | $106M | $95M | 0.1% | 11.8% |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $70M |
| SG&A Expenses | $115M |
| Other Expenses | $16M |
| Operating Expenses | $132M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $78M |
| Interest Income | $5M |
| Interest Expense | $17M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $21M |
| EBIT | $92M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $70M |
| SG&A Expenses | $115M |
| Other Expenses | $16M |
| Operating Expenses | $132M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $78M |
| Interest Income | $5M |
| Interest Expense | $17M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $21M |
| EBIT | $92M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $547.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $85.0K |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $146M |
| Short-Term Investments | $182M |
| Net Receivables | $343M |
| Inventory | $0 |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $830M |
| PP&E (Net) | $209M |
| Goodwill | $420M |
| Intangible Assets | $36M |
| Long-Term Investments | $8M |
| Tax Assets | $130M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $872M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $5M |
| Short-Term Debt | $22M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $282M |
| TOTAL CURRENT LIABILITIES | $324M |
| Long-Term Debt | $294M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $465M |
| TOTAL LIABILITIES | $790M |
| Common Stock | $209.0K |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$181M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913M |
| Minority Interest | $0 |
| TOTAL EQUITY | $913M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $406M |
| Net Debt | $259M |
