| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.8B | 5.7% | 10.7% |
| Op. Income | $917M | $843M | $759M | 8.8% | 20.8% |
| Gross Margin | 69.4% | 67.7% | 65.7% | 1.7pp | 3.6pp |
| Net Margin | 32.2% | 30.5% | 29.5% | 1.7pp | 2.7pp |
| EPS (Diluted) | $3.60 | $3.20 | $2.93 | 12.5% | 22.9% |
| Free Cash Flow | $903M | $468M | $631M | 92.9% | 43.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $615M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $453M |
| Other Expenses | $22M |
| Operating Expenses | $475M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $917M |
| Interest Income | $14M |
| Interest Expense | $72M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $867M |
| Income Tax Expense | $220M |
| Net Income from Continuing Ops | $647M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646M |
| D&A | $123M |
| EBIT | $939M |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $615M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $453M |
| Other Expenses | $22M |
| Operating Expenses | $475M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $917M |
| Interest Income | $14M |
| Interest Expense | $72M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $867M |
| Income Tax Expense | $220M |
| Net Income from Continuing Ops | $647M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646M |
| D&A | $123M |
| EBIT | $939M |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $648M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$509M |
| Change in Working Capital | $284M |
| OPERATING CASH FLOW | $743M |
| Capital Expenditure | $160M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$245M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $745M |
| Common Dividends Paid | -$168M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$674M |
| FREE CASH FLOW | $903M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $78M |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $193M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $1.0B |
| Goodwill | $6.5B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $288M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $1.0B |
| Short-Term Debt | $98M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $348M |
| Other Non-Current Liabilities | $851M |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $16.9B |
| Treasury Stock | -$14.0B |
| Accum. Other Comp. Income | -$519M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $155M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $7.6B |
| Net Debt | $5.5B |
