| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $981M | $1.3B | 41.5% | 8.3% |
| Op. Income | $341M | $224M | $302M | 52.5% | 13.0% |
| Gross Margin | 68.4% | 74.6% | 62.8% | -6.3pp | 5.6pp |
| Net Margin | 16.8% | -87.3% | 17.4% | 104.1pp | -0.6pp |
| EPS (Diluted) | $1.64 | $-6.10 | $1.59 | 126.9% | 3.1% |
| Free Cash Flow | $261M | $55M | $174M | 372.6% | 49.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $439M |
| GROSS PROFIT | $949M |
| R&D Expenses | $98M |
| Selling & Marketing | $108M |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $402M |
| Operating Expenses | $608M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $341M |
| Interest Income | $6M |
| Interest Expense | $41M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $305M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $48M |
| EBIT | $346M |
| EBITDA | $394M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $439M |
| GROSS PROFIT | $949M |
| R&D Expenses | $98M |
| Selling & Marketing | $108M |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $402M |
| Operating Expenses | $608M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $341M |
| Interest Income | $6M |
| Interest Expense | $41M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $305M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $48M |
| EBIT | $346M |
| EBITDA | $394M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $80M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | $281M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$98M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $261M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $621M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $397M |
| Other Current Assets | $267M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $243M |
| Goodwill | $1.3B |
| Intangible Assets | $831M |
| Long-Term Investments | $56M |
| Tax Assets | $377M |
| Other Non-Current Assets | $349M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $381M |
| Short-Term Debt | $0 |
| Deferred Revenue | $214M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $356M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$222M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $406M |
| Minority Interest | $27M |
| TOTAL EQUITY | $434M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $3.3B |
| Net Debt | $2.7B |
