| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $224M | $208M | -6.1% | 1.3% |
| Op. Income | $85M | $97M | $92M | -13.0% | -8.3% |
| Gross Margin | 69.1% | 71.4% | 70.1% | -2.4pp | -1.0pp |
| Net Margin | 32.4% | 31.7% | 34.4% | 0.7pp | -2.0pp |
| EPS (Diluted) | $1.84 | $1.91 | $1.90 | -3.7% | -3.2% |
| Free Cash Flow | $77M | $91M | $83M | -15.2% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $61M |
| Operating Expenses | $61M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $85M |
| Interest Income | $6M |
| Interest Expense | $171.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $22M |
| EBIT | $94M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $61M |
| Operating Expenses | $61M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $85M |
| Interest Income | $6M |
| Interest Expense | $171.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $22M |
| EBIT | $94M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $0 |
| Net Receivables | $597M |
| Inventory | $0 |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $165M |
| Goodwill | $284M |
| Intangible Assets | $116M |
| Long-Term Investments | $168M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $775M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $496M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $624M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$451M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $12M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $67M |
| Net Debt | -$406M |
