| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384M | $378M | $379M | 1.6% | 1.4% |
| Op. Income | $44M | $88M | $134M | -50.4% | -67.4% |
| Gross Margin | 57.9% | 63.8% | 63.9% | -5.8pp | -6.0pp |
| Net Margin | 7.2% | 20.8% | 34.6% | -13.6pp | -27.4pp |
| EPS (Diluted) | $0.41 | $1.12 | $1.79 | -63.4% | -77.1% |
| Free Cash Flow | $95M | $74M | $159M | 28.4% | -40.6% |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $222M |
| R&D Expenses | $48M |
| Selling & Marketing | $49M |
| General & Administrative | $82M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $179M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $20M |
| EBIT | $47M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $222M |
| R&D Expenses | $48M |
| Selling & Marketing | $49M |
| General & Administrative | $82M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $179M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $20M |
| EBIT | $47M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$309M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$319M |
| Net Debt Issuance | -$292.0K |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$759.0K |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | -$314M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $382M |
| Short-Term Investments | $0 |
| Net Receivables | $383M |
| Inventory | $62M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $925M |
| PP&E (Net) | $164M |
| Goodwill | $240M |
| Intangible Assets | $739M |
| Long-Term Investments | $48M |
| Tax Assets | $107M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $66M |
| Short-Term Debt | $871.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $225M |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $566M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $810M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $718.0K |
| Additional Paid-In Capital | $871M |
| Retained Earnings | $625M |
| Treasury Stock | -$376M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $619M |
| Net Debt | $237M |
