| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $312M | $288M | 6.1% | 15.0% |
| Op. Income | $84M | $72M | $44M | 17.9% | 92.7% |
| Gross Margin | 59.6% | 60.7% | 56.2% | -1.1pp | 3.5pp |
| Net Margin | 16.3% | 8.5% | 10.0% | 7.8pp | 6.3pp |
| EPS (Diluted) | $0.61 | $0.30 | $0.33 | 103.3% | 84.8% |
| Free Cash Flow | $49M | $62M | -$205M | -21.9% | 123.8% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $197M |
| R&D Expenses | $61M |
| Selling & Marketing | $26M |
| General & Administrative | $26M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $84M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $39M |
| EBIT | $86M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $197M |
| R&D Expenses | $61M |
| Selling & Marketing | $26M |
| General & Administrative | $26M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $84M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $39M |
| EBIT | $86M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $265.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $473M |
| PP&E (Net) | $45M |
| Goodwill | $1.6B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $13M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $819M |
