| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $817M | $678M | $439M | 20.6% | 86.3% |
| Op. Income | $498M | $427M | $221M | 16.8% | 125.5% |
| Gross Margin | 87.6% | 87.4% | 81.8% | 0.2pp | 5.8pp |
| Net Margin | 50.4% | 48.5% | 38.4% | 1.9pp | 12.0pp |
| EPS (Diluted) | $2.91 | $2.34 | $1.21 | 24.5% | 141.5% |
| Item | Amount |
|---|---|
| REVENUE | $817M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $716M |
| R&D Expenses | $73M |
| Selling & Marketing | $75M |
| General & Administrative | $70M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $498M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $411M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $0 |
| EBIT | $498M |
| EBITDA | $498M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $817M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $716M |
| R&D Expenses | $73M |
| Selling & Marketing | $75M |
| General & Administrative | $70M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $498M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $411M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $0 |
| EBIT | $498M |
| EBITDA | $498M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $662M |
| Net Receivables | $12.1B |
| Inventory | $0 |
| Other Current Assets | $16.3B |
| TOTAL CURRENT ASSETS | $30.5B |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $577M |
| TOTAL ASSETS | $31.1B |
| Account Payables | $24.0B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $26.4B |
| Common Stock | $12.6K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$664M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $44M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $31.1B |
| Total Debt | $1.7B |
| Net Debt | $372M |
