| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | — | $4.2B | — | -23.7% |
| Op. Income | $2.5B | — | $174M | — | 1331.6% |
| Gross Margin | 87.0% | — | 20.0% | — | 66.9pp |
| Net Margin | -2.5% | — | 3.1% | — | -5.6pp |
| EPS (Diluted) | $-0.81 | — | $1.18 | — | -168.6% |
| Free Cash Flow | $441M | — | $459M | — | -3.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $421M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $317M |
| Operating Expenses | $317M |
| Cost & Expenses | $738M |
| OPERATING INCOME | $2.5B |
| Interest Income | $3.1B |
| Interest Expense | $2.6B |
| Other Income/Expenses | -$2.6B |
| INCOME BEFORE TAX | -$111M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $3M |
| EBIT | $2.5B |
| EBITDA | $2.5B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $404M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $441M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.7B |
| NET CASH FROM INVESTING | $2.7B |
| Net Debt Issuance | -$3.2B |
| Common Stock Repurchased | -$111M |
| Common Dividends Paid | -$63M |
| Other Financing Activities | $264M |
| NET CASH FROM FINANCING | -$3.2B |
| FREE CASH FLOW | $441M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | -$1.7B |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $0 |
| Goodwill | $428M |
| Intangible Assets | $6M |
| Long-Term Investments | $44.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$44.3B |
| TOTAL NON-CURRENT ASSETS | $434M |
| TOTAL ASSETS | $48.7B |
| Account Payables | $0 |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $40.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $576M |
| TOTAL NON-CURRENT LIABILITIES | $41.2B |
| TOTAL LIABILITIES | $46.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$5.6B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $48.7B |
| Total Debt | $45.7B |
| Net Debt | $43.6B |
