| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $586M | $571M | $553M | 2.6% | 5.9% |
| Op. Income | $194M | $185M | $202M | 4.7% | -4.1% |
| Gross Margin | 52.1% | 52.8% | 55.3% | -0.7pp | -3.3pp |
| Net Margin | 25.4% | 25.4% | 28.6% | -0.0pp | -3.2pp |
| EPS (Diluted) | $3.88 | $3.76 | $4.09 | 3.2% | -5.1% |
| Free Cash Flow | $229M | $150M | $217M | 52.2% | 5.4% |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $194M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $49M |
| EBIT | $195M |
| EBITDA | $244M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $194M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $49M |
| EBIT | $195M |
| EBITDA | $244M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $254M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$225.0K |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$58M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$154M |
| FREE CASH FLOW | $229M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356M |
| Short-Term Investments | $8M |
| Net Receivables | $272M |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $199M |
| Goodwill | $1.3B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $144M |
| Short-Term Debt | $0 |
| Deferred Revenue | $171M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $519M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $312.0K |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $430.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
