| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.4B | — | 3.3% |
| Op. Income | $276M | — | $136M | — | 102.1% |
| Gross Margin | 56.4% | — | 11.0% | — | 45.4pp |
| Net Margin | 9.0% | — | 4.7% | — | 4.3pp |
| EPS (Diluted) | $2.11 | — | $0.98 | — | 115.3% |
| Free Cash Flow | -$410M | — | $614M | — | -166.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $226M |
| D&A | $0 |
| EBIT | $323M |
| EBITDA | $323M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $226M |
| D&A | $0 |
| EBIT | $323M |
| EBITDA | $323M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $226M |
| Depreciation & Amortization | -$19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$589M |
| OPERATING CASH FLOW | -$408M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $683M |
| Net Debt Issuance | $393M |
| Common Stock Repurchased | -$321M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$410M |
| Net Change in Cash | $301M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | -$2.9B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $843M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $676M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $843M |
| Net Debt | -$404M |
