| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $732M | $727M | $690M | 0.7% | 6.1% |
| Op. Income | $161M | $161M | $141M | 0.1% | 13.7% |
| Gross Margin | 66.8% | 66.8% | 66.7% | 0.1pp | 0.1pp |
| Net Margin | 19.8% | 25.8% | 17.5% | -6.0pp | 2.3pp |
| EPS (Diluted) | $2.29 | $2.96 | $1.86 | -22.6% | 23.1% |
| Free Cash Flow | $183M | $39M | $132M | 374.6% | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $732M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $489M |
| R&D Expenses | $90M |
| Selling & Marketing | $162M |
| General & Administrative | $67M |
| SG&A Expenses | $229M |
| Other Expenses | $9M |
| Operating Expenses | $328M |
| Cost & Expenses | $571M |
| OPERATING INCOME | $161M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $49M |
| EBIT | $169M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $732M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $489M |
| R&D Expenses | $90M |
| Selling & Marketing | $162M |
| General & Administrative | $67M |
| SG&A Expenses | $229M |
| Other Expenses | $9M |
| Operating Expenses | $328M |
| Cost & Expenses | $571M |
| OPERATING INCOME | $161M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $49M |
| EBIT | $169M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$827M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | $196M |
| Net Debt Issuance | -$460M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15.0K |
| NET CASH FROM FINANCING | -$501M |
| FREE CASH FLOW | $183M |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $38M |
| Net Receivables | $715M |
| Inventory | $0 |
| Other Current Assets | $212M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $265M |
| Goodwill | $2.4B |
| Intangible Assets | $624M |
| Long-Term Investments | $0 |
| Tax Assets | $222M |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $92M |
| Short-Term Debt | $0 |
| Deferred Revenue | $345M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $980M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $114M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $87M |
| Net Debt | -$331M |
