| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $641M | $617M | $591M | 3.8% | 8.5% |
| Op. Income | $160M | $128M | $168M | 24.9% | -5.1% |
| Gross Margin | 61.1% | 60.9% | 60.7% | 0.3pp | 0.4pp |
| Net Margin | 18.0% | 14.8% | 19.8% | 3.1pp | -1.8pp |
| EPS (Diluted) | $2.83 | $2.17 | $2.71 | 30.4% | 4.4% |
| Free Cash Flow | $161M | $160M | $113M | 0.7% | 43.0% |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $392M |
| R&D Expenses | $0 |
| Selling & Marketing | $119M |
| General & Administrative | $90M |
| SG&A Expenses | $209M |
| Other Expenses | $24M |
| Operating Expenses | $232M |
| Cost & Expenses | $482M |
| OPERATING INCOME | $160M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $47M |
| EBIT | $162M |
| EBITDA | $209M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $392M |
| R&D Expenses | $0 |
| Selling & Marketing | $119M |
| General & Administrative | $90M |
| SG&A Expenses | $209M |
| Other Expenses | $24M |
| Operating Expenses | $232M |
| Cost & Expenses | $482M |
| OPERATING INCOME | $160M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $47M |
| EBIT | $162M |
| EBITDA | $209M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $204M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | -$395M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$194M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $300.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $475M |
| Short-Term Investments | $54M |
| Net Receivables | $407M |
| Inventory | $0 |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $391M |
| Goodwill | $1.6B |
| Intangible Assets | $379M |
| Long-Term Investments | $50M |
| Tax Assets | $79M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $98M |
| Short-Term Debt | $0 |
| Deferred Revenue | $586M |
| Other Current Liabilities | $304M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | -$99M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $870M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.4B |
| Net Debt | $933M |
