| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $261M | $266M | 2.5% | 0.6% |
| Op. Income | $65M | $65M | $56M | 0.2% | 15.9% |
| Gross Margin | 60.5% | 60.8% | 56.8% | -0.3pp | 3.7pp |
| Net Margin | 21.2% | 21.8% | 18.5% | -0.6pp | 2.7pp |
| EPS (Diluted) | $0.98 | $0.98 | $0.84 | 0.0% | 16.7% |
| Free Cash Flow | $88M | $54M | $77M | 63.1% | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $34M |
| Operating Expenses | $97M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $65M |
| Interest Income | $235M |
| Interest Expense | $101M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $8M |
| EBIT | $65M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $34M |
| Operating Expenses | $97M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $65M |
| Interest Income | $235M |
| Interest Expense | $101M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $8M |
| EBIT | $65M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $83.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$172M |
| NET CASH FROM INVESTING | -$143M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $430M |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $122M |
| Goodwill | $712M |
| Intangible Assets | $15M |
| Long-Term Investments | $16.4B |
| Tax Assets | $90M |
| Other Non-Current Assets | $725M |
| TOTAL NON-CURRENT ASSETS | $18.0B |
| TOTAL ASSETS | $18.8B |
| Account Payables | $18M |
| Short-Term Debt | $322M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.9B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $856M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $333M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $18.8B |
| Total Debt | $1.2B |
| Net Debt | $921M |
