| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $763M | $808M | $792M | -5.6% | -3.7% |
| Op. Income | $95M | $93M | $161M | 2.0% | -41.1% |
| Gross Margin | 34.7% | 35.7% | 41.3% | -1.0pp | -6.6pp |
| Net Margin | 9.3% | 6.9% | 13.6% | 2.5pp | -4.3pp |
| EPS (Diluted) | $0.67 | $0.52 | $1.02 | 28.8% | -34.3% |
| Free Cash Flow | $313M | $38M | $397M | 723.8% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $763M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $85M |
| SG&A Expenses | $111M |
| Other Expenses | $59M |
| Operating Expenses | $170M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $95M |
| Interest Income | $8M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $118M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $763M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $85M |
| SG&A Expenses | $111M |
| Other Expenses | $59M |
| Operating Expenses | $170M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $95M |
| Interest Income | $8M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $118M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $255M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$141M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | $287M |
| Capital Expenditure | $26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$298M |
| Common Stock Repurchased | -$116M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $364M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $313M |
| Net Change in Cash | $195M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $218M |
| Net Receivables | $775M |
| Inventory | $0 |
| Other Current Assets | -$218M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $437M |
| Goodwill | $395M |
| Intangible Assets | $0 |
| Long-Term Investments | $624M |
| Tax Assets | $474M |
| Other Non-Current Assets | -$624M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $858M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $565M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | -$672M |
| Additional Paid-In Capital | $293M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$673M |
| Accum. Other Comp. Income | -$273M |
| Other Equity | $673M |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $116M |
| TOTAL EQUITY | $957M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.2B |
| Net Debt | $1.0B |
