| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $1.4B | — | -5.7% |
| Op. Income | $264M | — | $423M | — | -37.6% |
| Gross Margin | 41.3% | — | 44.4% | — | -3.1pp |
| Net Margin | 16.0% | — | 22.1% | — | -6.1pp |
| EPS (Diluted) | $3.78 | — | $6.30 | — | -40.0% |
| Free Cash Flow | -$377M | — | -$854M | — | 55.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $802M |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $177M |
| SG&A Expenses | $177M |
| Other Expenses | $123M |
| Operating Expenses | $300M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $264M |
| Interest Income | $1.2B |
| Interest Expense | $684M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $3M |
| EBIT | $264M |
| EBITDA | $267M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $802M |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $177M |
| SG&A Expenses | $177M |
| Other Expenses | $123M |
| Operating Expenses | $300M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $264M |
| Interest Income | $1.2B |
| Interest Expense | $684M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $3M |
| EBIT | $264M |
| EBITDA | $267M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$565M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$341M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $39.0K |
| Sales/Maturities of Investments | $871M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | -$547M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $879M |
| NET CASH FROM FINANCING | $273M |
| FREE CASH FLOW | -$377M |
| Net Change in Cash | -$264M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $865M |
| Net Receivables | $11.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.9B |
| PP&E (Net) | $74M |
| Goodwill | $8M |
| Intangible Assets | $36.0K |
| Long-Term Investments | $18.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$18.4B |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $19.4B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $83M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $13.3B |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $243M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $3.8B |
| Net Debt | $3.8B |
