| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $981M | — | $939M | — | 4.5% |
| Op. Income | $232M | — | $181M | — | 28.0% |
| Gross Margin | 66.8% | — | 73.1% | — | -6.3pp |
| Net Margin | -21.0% | — | 4.2% | — | -25.2pp |
| EPS (Diluted) | $-0.50 | — | $0.10 | — | -624.7% |
| Free Cash Flow | $6M | — | $61M | — | -90.7% |
| Item | Amount |
|---|---|
| REVENUE | $981M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $655M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $416M |
| Other Expenses | $8M |
| Operating Expenses | $424M |
| Cost & Expenses | $750M |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $156M |
| Other Income/Expenses | -$394M |
| INCOME BEFORE TAX | -$162M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | -$206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$206M |
| D&A | $65M |
| EBIT | $232M |
| EBITDA | $296M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$206M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $102M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $572M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $576M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $600M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $208M |
| Inventory | $0 |
| Other Current Assets | $713M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $208M |
| Goodwill | $1.5B |
| Intangible Assets | $415M |
| Long-Term Investments | $30M |
| Tax Assets | $58M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $114M |
| Short-Term Debt | $696M |
| Deferred Revenue | $188M |
| Other Current Liabilities | $295M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $553M |
| Minority Interest | $48M |
| TOTAL EQUITY | $601M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $720M |
| Net Debt | $630M |
