| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $695M | $628M | $548M | 10.6% | 26.7% |
| Op. Income | $50.0K | -$18M | -$19M | 100.3% | 100.3% |
| Gross Margin | 73.0% | 71.5% | 72.8% | 1.6pp | 0.2pp |
| Net Margin | 2.2% | -0.3% | 2.9% | 2.6pp | -0.7pp |
| EPS (Diluted) | $0.18 | $-0.02 | $0.19 | 828.7% | -5.3% |
| Free Cash Flow | $178M | $150M | $25M | 18.9% | 626.7% |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $508M |
| R&D Expenses | $189M |
| Selling & Marketing | $249M |
| General & Administrative | $70M |
| SG&A Expenses | $318M |
| Other Expenses | $254.0K |
| Operating Expenses | $508M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $50.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| NET INCOME | $16M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $508M |
| R&D Expenses | $189M |
| Selling & Marketing | $249M |
| General & Administrative | $70M |
| SG&A Expenses | $318M |
| Other Expenses | $254.0K |
| Operating Expenses | $508M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $50.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| NET INCOME | $16M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $144M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $249M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $167M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | -$100M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.3B |
| Net Receivables | $499M |
| Inventory | $0 |
| Other Current Assets | $229M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $69M |
| Goodwill | $191M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $323M |
| TOTAL NON-CURRENT ASSETS | $644M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $20M |
| Short-Term Debt | $9M |
| Deferred Revenue | $387M |
| Other Current Liabilities | $253M |
| TOTAL CURRENT LIABILITIES | $669M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $84M |
| Deferred Tax Liabilities | $352.0K |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $806M |
| Common Stock | $81.0K |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | -$1.9B |
| Treasury Stock | -$495M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $33M |
| Net Debt | -$1.1B |
