| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 3.5% | 11.1% |
| Op. Income | $234M | $207M | $205M | 13.0% | 14.1% |
| Gross Margin | 61.7% | 62.3% | 62.0% | -0.6pp | -0.4pp |
| Net Margin | 14.1% | 19.7% | 32.0% | -5.6pp | -17.8pp |
| EPS (Diluted) | $1.10 | $1.49 | $2.22 | -26.2% | -50.5% |
| Free Cash Flow | $381M | $457M | $222M | -16.6% | 71.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $518M |
| GROSS PROFIT | $834M |
| R&D Expenses | $250M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $354M |
| Other Expenses | -$4M |
| Operating Expenses | $600M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $234M |
| Interest Income | $31M |
| Interest Expense | $28M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $66M |
| EBIT | $269M |
| EBITDA | $335M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $518M |
| GROSS PROFIT | $834M |
| R&D Expenses | $250M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $354M |
| Other Expenses | -$4M |
| Operating Expenses | $600M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $234M |
| Interest Income | $31M |
| Interest Expense | $28M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $66M |
| EBIT | $269M |
| EBITDA | $335M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | -$37M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $99M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | $59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $381M |
| Net Change in Cash | -$482M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $692M |
| Inventory | $1.0B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $990M |
| Goodwill | $2.4B |
| Intangible Assets | $524M |
| Long-Term Investments | $157M |
| Tax Assets | $392M |
| Other Non-Current Assets | $555M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $342M |
| Short-Term Debt | $0 |
| Deferred Revenue | $557M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $208M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $497M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$295M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $2.8B |
| Net Debt | $128M |
