| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | — | $267M | — | 10.6% |
| Op. Income | $41M | — | $35M | — | 17.9% |
| Gross Margin | 70.3% | — | 71.1% | — | -0.8pp |
| Net Margin | 2.5% | — | 10.1% | — | -7.7pp |
| EPS (Diluted) | $0.07 | — | $0.23 | — | -68.3% |
| Free Cash Flow | $46M | — | -$11M | — | 533.2% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $40M |
| SG&A Expenses | $92M |
| Other Expenses | $74M |
| Operating Expenses | $167M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $41M |
| Interest Income | $7M |
| Interest Expense | $35M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $7M |
| EBIT | $48M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $40M |
| SG&A Expenses | $92M |
| Other Expenses | $74M |
| Operating Expenses | $167M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $41M |
| Interest Income | $7M |
| Interest Expense | $35M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $7M |
| EBIT | $48M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $380M |
| Net Receivables | $170M |
| Inventory | $687.0K |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $561M |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $713M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $177M |
| Short-Term Debt | $235M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $618M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $147.0K |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $48.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | -$2.8B |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$284M |
| Minority Interest | $4M |
| TOTAL EQUITY | -$279M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.7B |
| Net Debt | $1.2B |
