| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $986M | 1.6% | 25.8% |
| Op. Income | $444M | $438M | $374M | 1.4% | 18.7% |
| Gross Margin | 74.0% | 78.2% | 80.4% | -4.2pp | -6.5pp |
| Net Margin | 15.5% | 11.0% | 16.1% | 4.5pp | -0.6pp |
| EPS (Diluted) | $0.31 | $0.21 | $0.26 | 47.6% | 19.2% |
| Free Cash Flow | $535M | $107M | $318M | 400.0% | 68.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $917M |
| R&D Expenses | $96M |
| Selling & Marketing | $307M |
| General & Administrative | $70M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $473M |
| Cost & Expenses | $796M |
| OPERATING INCOME | $444M |
| Interest Income | $6M |
| Interest Expense | $137M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $126M |
| EBIT | $446M |
| EBITDA | $572M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $917M |
| R&D Expenses | $96M |
| Selling & Marketing | $307M |
| General & Administrative | $70M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $473M |
| Cost & Expenses | $796M |
| OPERATING INCOME | $444M |
| Interest Income | $6M |
| Interest Expense | $137M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $126M |
| EBIT | $446M |
| EBITDA | $572M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | $100M |
| OPERATING CASH FLOW | $541M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$77M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$682M |
| FREE CASH FLOW | $535M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $619M |
| Short-Term Investments | $0 |
| Net Receivables | $361M |
| Inventory | $0 |
| Other Current Assets | $273M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $69M |
| Goodwill | $10.8B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $16M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $14.6B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $83M |
| Short-Term Debt | $240M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $84M |
| Deferred Tax Liabilities | $220M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $8.4B |
| Net Debt | $7.8B |
