| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $272M | $267M | 1.2% | 3.4% |
| Op. Income | $76M | $74M | $75M | 2.8% | 1.0% |
| Gross Margin | 56.0% | 56.8% | 54.9% | -0.8pp | 1.1pp |
| Net Margin | 21.3% | 20.8% | 23.9% | 0.4pp | -2.7pp |
| EPS (Diluted) | $0.96 | $0.93 | $1.03 | 3.2% | -6.8% |
| Free Cash Flow | $87M | $70M | $61M | 24.4% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $154M |
| R&D Expenses | $36M |
| Selling & Marketing | $18M |
| General & Administrative | $24M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $76M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $2M |
| EBIT | $78M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $154M |
| R&D Expenses | $36M |
| Selling & Marketing | $18M |
| General & Administrative | $24M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $76M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $2M |
| EBIT | $78M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $220M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $526M |
| PP&E (Net) | $66M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $76M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $243M |
| TOTAL ASSETS | $769M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $296M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $400M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $460M |
| Common Stock | $602.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $339M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $0 |
| TOTAL EQUITY | $309M |
| TOTAL LIABILITIES & EQUITY | $769M |
| Total Debt | $48M |
| Net Debt | -$216M |
