| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.8B | $1.8B | 20.0% | 16.6% |
| Op. Income | $614M | $457M | $516M | 34.4% | 19.0% |
| Gross Margin | 59.2% | 59.1% | 59.3% | 0.1pp | -0.0pp |
| Net Margin | 24.9% | 22.7% | 23.9% | 2.2pp | 1.0pp |
| EPS (Diluted) | $2.73 | $2.08 | $2.25 | 31.2% | 21.3% |
| Free Cash Flow | $430M | $425M | $399M | 1.1% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $867M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $295M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $349M |
| Other Expenses | $0 |
| Operating Expenses | $644M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $614M |
| Interest Income | $35M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $529M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $529M |
| D&A | $46M |
| EBIT | $614M |
| EBITDA | $660M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $867M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $295M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $349M |
| Other Expenses | $0 |
| Operating Expenses | $644M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $614M |
| Interest Income | $35M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $529M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $529M |
| D&A | $46M |
| EBIT | $614M |
| EBITDA | $660M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $529M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $63M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $554M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | -$65.0K |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$173M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$219M |
| FREE CASH FLOW | $430M |
| Net Change in Cash | $206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $459M |
| Net Receivables | $1.3B |
| Inventory | $1.8B |
| Other Current Assets | $485M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $1.6B |
| Goodwill | $760M |
| Intangible Assets | $198M |
| Long-Term Investments | $0 |
| Tax Assets | $718M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $347M |
| Short-Term Debt | $0 |
| Deferred Revenue | $106M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $110M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $2.0B |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $165M |
| Net Debt | -$2.1B |
