| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $914M | $864M | $895M | 5.9% | 2.1% |
| Op. Income | $221M | $194M | $211M | 14.1% | 5.1% |
| Gross Margin | 73.0% | 72.0% | 71.7% | 1.0pp | 1.2pp |
| Net Margin | 17.6% | 14.5% | 15.2% | 3.1pp | 2.3pp |
| EPS (Diluted) | $0.62 | $0.49 | $0.51 | 26.5% | 21.6% |
| Free Cash Flow | $307M | $231M | $252M | 32.8% | 21.8% |
| Item | Amount |
|---|---|
| REVENUE | $914M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $667M |
| R&D Expenses | $105M |
| Selling & Marketing | $169M |
| General & Administrative | $148M |
| SG&A Expenses | $317M |
| Other Expenses | $24M |
| Operating Expenses | $446M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $221M |
| Interest Income | $6M |
| Interest Expense | $37M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $194M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $24M |
| EBIT | $231M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $914M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $667M |
| R&D Expenses | $105M |
| Selling & Marketing | $169M |
| General & Administrative | $148M |
| SG&A Expenses | $317M |
| Other Expenses | $24M |
| Operating Expenses | $446M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $221M |
| Interest Income | $6M |
| Interest Expense | $37M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $194M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $24M |
| EBIT | $231M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$207.0K |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $193.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $617M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $415M |
| FREE CASH FLOW | $307M |
| Net Change in Cash | $718M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $4M |
| Net Receivables | $344M |
| Inventory | $0 |
| Other Current Assets | $127M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $129M |
| Goodwill | $2.3B |
| Intangible Assets | $198M |
| Long-Term Investments | $0 |
| Tax Assets | $227M |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $26M |
| Short-Term Debt | $498M |
| Deferred Revenue | $160M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $299.0K |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$6.2B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$412M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$224M |
| Minority Interest | $109.0K |
| TOTAL EQUITY | -$224M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $4.0B |
| Net Debt | $3.0B |
