| Metric | FY 2026 | Prior Q | FY 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.2B | — | 29.6% |
| Op. Income | -$53M | — | -$190M | — | 72.3% |
| Gross Margin | 76.7% | — | 76.1% | — | 0.6pp |
| Net Margin | -0.6% | — | -12.4% | — | 11.8pp |
| EPS (Diluted) | $-0.02 | — | $-0.28 | — | 94.3% |
| Free Cash Flow | $207M | — | $111M | — | 86.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $377M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $345M |
| Selling & Marketing | $684M |
| General & Administrative | $266M |
| SG&A Expenses | $950M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $906.0K |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $24M |
| EBIT | -$53M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $315M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $236M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$873M |
| Sales/Maturities of Investments | $714M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$928.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $207M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $515M |
| Net Receivables | $321M |
| Inventory | $48M |
| Other Current Assets | $304M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $142M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $403M |
| Tax Assets | $0 |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $48M |
| Short-Term Debt | $13M |
| Deferred Revenue | $679M |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $917M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $130M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $73M |
| Net Debt | -$246M |
