| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $751M | $737M | $622M | 1.9% | 20.8% |
| Op. Income | $200M | $195M | $163M | 2.4% | 22.4% |
| Gross Margin | 55.2% | 55.1% | 55.4% | 0.0pp | -0.3pp |
| Net Margin | 22.6% | 24.2% | 233.1% | -1.5pp | -210.5pp |
| EPS (Diluted) | $3.46 | $3.71 | $29.88 | -6.7% | -88.4% |
| Free Cash Flow | $62M | $199M | $103M | -68.9% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $337M |
| GROSS PROFIT | $414M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $551M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $14M |
| EBIT | $210M |
| EBITDA | $223M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $337M |
| GROSS PROFIT | $414M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $551M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $14M |
| EBIT | $210M |
| EBITDA | $223M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$75M |
| Other Financing Activities | -$494.0K |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $157M |
| Net Receivables | $316M |
| Inventory | $565M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $653M |
| Goodwill | $26M |
| Intangible Assets | $9M |
| Long-Term Investments | $268.0K |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $138M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $663M |
| Common Stock | $937M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $24M |
| Net Debt | -$1.1B |
