| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.3B | 20.1% | 6.8% |
| Op. Income | $235M | $161M | $222M | 45.8% | 5.6% |
| Gross Margin | 43.0% | 43.8% | 42.2% | -0.7pp | 0.9pp |
| Net Margin | 14.9% | 13.0% | 19.5% | 1.9pp | -4.6pp |
| EPS (Diluted) | $1.32 | $0.95 | $1.55 | 38.9% | -14.8% |
| Free Cash Flow | $357M | $151M | $432M | 135.4% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $763M |
| GROSS PROFIT | $577M |
| R&D Expenses | $78M |
| Selling & Marketing | $217M |
| General & Administrative | $42M |
| SG&A Expenses | $259M |
| Other Expenses | $5M |
| Operating Expenses | $342M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $235M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $20M |
| EBIT | $236M |
| EBITDA | $256M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $763M |
| GROSS PROFIT | $577M |
| R&D Expenses | $78M |
| Selling & Marketing | $217M |
| General & Administrative | $42M |
| SG&A Expenses | $259M |
| Other Expenses | $5M |
| Operating Expenses | $342M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $235M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $20M |
| EBIT | $236M |
| EBITDA | $256M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $200M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $192.0K |
| Change in Working Capital | $122M |
| OPERATING CASH FLOW | $371M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$261.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $357M |
| Net Change in Cash | $140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $704M |
| Inventory | $484M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $187M |
| Goodwill | $461M |
| Intangible Assets | $29M |
| Long-Term Investments | $59M |
| Tax Assets | $214M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $957M |
| TOTAL ASSETS | $3.7B |
| Account Payables | $579M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $340M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $682.0K |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $29M |
| Additional Paid-In Capital | $95M |
| Retained Earnings | $3.5B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $95M |
| Net Debt | -$1.4B |
