FY 2025 Earnings

Reported December 30, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$2.1B	—	$2.2B	—	-4.8%
Op. Income	$54M	—	-$406M	—	113.2%
Gross Margin	35.9%	—	36.0%	—	-0.1pp
Net Margin	10.5%	—	-6.5%	—	17.0pp
EPS (Diluted)	$4.20	—	$-2.60	—	261.5%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$765M
R&D Expenses	$248M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$463M
Other Expenses	$0
Operating Expenses	$711M
Cost & Expenses	$2.1B
OPERATING INCOME	$54M
Interest Income	$163M
Interest Expense	$517.4K
Other Income/Expenses	$175M
INCOME BEFORE TAX	$228M
Income Tax Expense	$16M
Net Income from Continuing Ops	$212M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$223M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$222M
D&A	$93M
EBIT	$54M
EBITDA	$147M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$765M
R&D Expenses	$248M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$463M
Other Expenses	$0
Operating Expenses	$711M
Cost & Expenses	$2.1B
OPERATING INCOME	$54M
Interest Income	$163M
Interest Expense	$517.4K
Other Income/Expenses	$175M
INCOME BEFORE TAX	$228M
Income Tax Expense	$16M
Net Income from Continuing Ops	$212M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$223M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$222M
D&A	$93M
EBIT	$54M
EBITDA	$147M
EPS	$4
EPS Diluted	$4

Balance Sheet

Item	Amount
Cash & Equivalents	$396M
Short-Term Investments	$813M
Net Receivables	$155M
Inventory	$0
Other Current Assets	$256M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$586M
Goodwill	$2.2B
Intangible Assets	$222M
Long-Term Investments	$552M
Tax Assets	$10M
Other Non-Current Assets	$2.4B
TOTAL NON-CURRENT ASSETS	$5.9B
TOTAL ASSETS	$7.6B
Account Payables	$72M
Short-Term Debt	$20M
Deferred Revenue	$67M
Other Current Liabilities	$651M
TOTAL CURRENT LIABILITIES	$874M
Long-Term Debt	$0
Deferred Revenue NC	$10M
Deferred Tax Liabilities	$55M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$76M
TOTAL LIABILITIES	$950M
Common Stock	$10.0K
Additional Paid-In Capital	$3.3B
Retained Earnings	$4.7B
Treasury Stock	-$1.3B
Accum. Other Comp. Income	-$170M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.5B
Minority Interest	$60M
TOTAL EQUITY	$6.6B
TOTAL LIABILITIES & EQUITY	$7.6B
Total Debt	$32M
Net Debt	-$364M