| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $509M | $523M | $479M | -2.6% | 6.4% |
| Op. Income | $107M | $119M | $82M | -10.2% | 30.7% |
| Gross Margin | 78.3% | 81.1% | 81.6% | -2.9pp | -3.3pp |
| Net Margin | 17.9% | 20.9% | 19.0% | -3.0pp | -1.1pp |
| EPS (Diluted) | $0.34 | $0.41 | $0.34 | -17.9% | -2.1% |
| Free Cash Flow | $127M | $1M | $231M | 10004.6% | -44.8% |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $399M |
| R&D Expenses | $20M |
| Selling & Marketing | $81M |
| General & Administrative | $15M |
| SG&A Expenses | $95M |
| Other Expenses | $176M |
| Operating Expenses | $292M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $0 |
| EBIT | $107M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $399M |
| R&D Expenses | $20M |
| Selling & Marketing | $81M |
| General & Administrative | $15M |
| SG&A Expenses | $95M |
| Other Expenses | $176M |
| Operating Expenses | $292M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $0 |
| EBIT | $107M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $127M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $2.8B |
| Net Receivables | $10.3B |
| Inventory | $0 |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $19.7B |
| PP&E (Net) | $645M |
| Goodwill | $0 |
| Intangible Assets | $148M |
| Long-Term Investments | $1.2B |
| Tax Assets | $3.4B |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $26.3B |
| Account Payables | $0 |
| Short-Term Debt | $92M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $676M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $11.8B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | $884M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $317M |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $26.3B |
| Total Debt | $1.1B |
| Net Debt | -$3.1B |
