| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | — | 0.0% | — |
| Op. Income | $195M | $196M | — | -0.5% | — |
| Gross Margin | 24.8% | 24.2% | — | 0.7pp | — |
| Net Margin | 14.7% | 13.5% | — | 1.2pp | — |
| EPS (Diluted) | $0.44 | $0.41 | — | 7.3% | — |
| Free Cash Flow | $406M | $272M | — | 49.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $419M |
| R&D Expenses | $124M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $224M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $195M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $302M |
| EBIT | $221M |
| EBITDA | $523M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $419M |
| R&D Expenses | $124M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $224M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $195M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $302M |
| EBIT | $221M |
| EBITDA | $523M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $314M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $595M |
| Capital Expenditure | -$189M |
| Acquisitions (Net) | -$212M |
| Purchases of Investments | -$457M |
| Sales/Maturities of Investments | $444M |
| Other Investing Activities | $85M |
| NET CASH FROM INVESTING | -$329M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $406M |
| Net Change in Cash | $226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.3B |
| Net Receivables | $806M |
| Inventory | $1.6B |
| Other Current Assets | $591M |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $7.8B |
| Goodwill | $0 |
| Intangible Assets | $940M |
| Long-Term Investments | $978M |
| Tax Assets | $0 |
| Other Non-Current Assets | $643M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $513M |
| Short-Term Debt | $62M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $905M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $11M |
| Additional Paid-In Capital | $24.2B |
| Retained Earnings | -$12.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.7B |
| Minority Interest | $54M |
| TOTAL EQUITY | $11.8B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $1.7B |
| Net Debt | -$353M |
