| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.6B | -2.4% | 11.7% |
| Op. Income | $457M | $472M | $437M | -3.3% | 4.4% |
| Gross Margin | 59.1% | 58.8% | 60.0% | 0.3pp | -0.9pp |
| Net Margin | 22.7% | 22.1% | 25.2% | 0.6pp | -2.5pp |
| EPS (Diluted) | $2.08 | $2.07 | $2.07 | 0.5% | 0.5% |
| Free Cash Flow | $425M | $127M | $219M | 233.4% | 93.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $724M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $590M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $457M |
| Interest Income | $32M |
| Interest Expense | $0 |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $402M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $402M |
| D&A | $49M |
| EBIT | $510M |
| EBITDA | $559M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $724M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $590M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $457M |
| Interest Income | $32M |
| Interest Expense | $0 |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $402M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $402M |
| D&A | $49M |
| EBIT | $510M |
| EBITDA | $559M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $402M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $69M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $486M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$174M |
| Purchases of Investments | -$259M |
| Sales/Maturities of Investments | $225M |
| Other Investing Activities | -$116.0K |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$173M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$210M |
| FREE CASH FLOW | $425M |
| Net Change in Cash | $637.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $467M |
| Net Receivables | $956M |
| Inventory | $1.9B |
| Other Current Assets | $428M |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $1.5B |
| Goodwill | $757M |
| Intangible Assets | $206M |
| Long-Term Investments | $1.4B |
| Tax Assets | $782M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $378M |
| Short-Term Debt | $0 |
| Deferred Revenue | $105M |
| Other Current Liabilities | $976M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $292M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $50M |
| Other Equity | $2.0B |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $156M |
| Net Debt | -$1.9B |
