| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.1B | $2.4B | -0.4% | 30.0% |
| Op. Income | $1.3B | $1.2B | $848M | 4.7% | 53.3% |
| Gross Margin | 61.6% | 60.3% | 59.1% | 1.3pp | 2.5pp |
| Net Margin | 35.5% | 26.8% | 25.5% | 8.7pp | 10.0pp |
| EPS (Diluted) | $8.16 | $6.13 | $4.43 | 33.1% | 84.2% |
| Free Cash Flow | $987M | $757M | $838M | 30.4% | 17.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $338M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | $0 |
| Operating Expenses | $587M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $176M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $98M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $338M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | $0 |
| Operating Expenses | $587M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $176M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $98M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$154M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$751M |
| Sales/Maturities of Investments | $516M |
| Other Investing Activities | $315.0K |
| NET CASH FROM INVESTING | -$320M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$507M |
| Common Dividends Paid | -$226M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$735M |
| FREE CASH FLOW | $987M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $2.2B |
| Net Receivables | $2.3B |
| Inventory | $3.2B |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $9.9B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.8B |
| Intangible Assets | $496M |
| Long-Term Investments | $0 |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $470M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $429M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $380M |
| Deferred Tax Liabilities | $406M |
| Other Non-Current Liabilities | $442M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $2.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $6.1B |
| Net Debt | $4.2B |
