| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.9B | $4.7B | 0.9% | 5.9% |
| Op. Income | $1.1B | $1.0B | $956M | 1.9% | 10.1% |
| Gross Margin | 30.3% | 30.5% | 29.8% | -0.3pp | 0.5pp |
| Net Margin | 16.3% | 15.9% | 15.7% | 0.4pp | 0.6pp |
| EPS (Diluted) | $0.19 | $0.19 | $0.18 | 0.0% | 5.6% |
| Free Cash Flow | $1.3B | $866M | $665M | 49.9% | 95.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $358M |
| SG&A Expenses | $403M |
| Other Expenses | $39M |
| Operating Expenses | $442M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $70M |
| Interest Expense | $12M |
| Other Income/Expenses | $90M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $806M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | $804M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $804M |
| D&A | $0 |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $358M |
| SG&A Expenses | $403M |
| Other Expenses | $39M |
| Operating Expenses | $442M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $70M |
| Interest Expense | $12M |
| Other Income/Expenses | $90M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $806M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | $804M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $804M |
| D&A | $0 |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $806M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $316M |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $449.6K |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $140.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $5.7B |
| Inventory | $0 |
| Other Current Assets | $196M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $2.2B |
| Goodwill | $1.2B |
| Intangible Assets | $348M |
| Long-Term Investments | $1.2B |
| Tax Assets | $92M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $16.3B |
| Account Payables | $429M |
| Short-Term Debt | $0 |
| Deferred Revenue | $988M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $181M |
| Other Non-Current Liabilities | $284M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $325M |
| Additional Paid-In Capital | $495M |
| Retained Earnings | $14.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.3B |
| Minority Interest | $49M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $16.3B |
| Total Debt | $960M |
| Net Debt | -$1.7B |
