| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $967M | — | $730M | — | 32.6% |
| Op. Income | $130M | — | $84M | — | 54.6% |
| Gross Margin | 54.9% | — | 50.9% | — | 4.0pp |
| Net Margin | -5.6% | — | 10.5% | — | -16.1pp |
| EPS (Diluted) | $-0.73 | — | $1.04 | — | -170.2% |
| Free Cash Flow | $193M | — | $140M | — | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $967M |
| Cost of Revenue | $436M |
| GROSS PROFIT | $531M |
| R&D Expenses | $244M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $155M |
| Other Expenses | $2M |
| Operating Expenses | $402M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $130M |
| Interest Income | $30M |
| Interest Expense | $6M |
| Other Income/Expenses | -$159M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $63M |
| EBIT | -$24M |
| EBITDA | $40M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $175M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$232M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$328M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $674M |
| Net Receivables | $149M |
| Inventory | $238M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $230M |
| Goodwill | $336M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $208M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $898M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $68M |
| Short-Term Debt | $161M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $325M |
| Long-Term Debt | $340M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $451M |
| TOTAL LIABILITIES | $776M |
| Common Stock | $74.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$240M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $538M |
| Net Debt | $426M |
