| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $682M | — | 64.7% |
| Op. Income | $563M | — | -$249M | — | 326.3% |
| Gross Margin | 93.7% | — | 70.3% | — | 23.4pp |
| Net Margin | 39.2% | — | -27.5% | — | 66.7pp |
| EPS (Diluted) | $2.54 | — | $-1.23 | — | 306.5% |
| Free Cash Flow | -$250M | — | -$100M | — | -149.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $71M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $337M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $2M |
| Operating Expenses | $489M |
| Cost & Expenses | $560M |
| OPERATING INCOME | $563M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $28M |
| EBIT | $465M |
| EBITDA | $492M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $71M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $337M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $2M |
| Operating Expenses | $489M |
| Cost & Expenses | $560M |
| OPERATING INCOME | $563M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $28M |
| EBIT | $465M |
| EBITDA | $492M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $440M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $139M |
| Change in Working Capital | -$888M |
| OPERATING CASH FLOW | -$245M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$445M |
| Sales/Maturities of Investments | $354M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$250M |
| Net Change in Cash | -$289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $494M |
| Net Receivables | $106M |
| Inventory | $12M |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $978M |
| PP&E (Net) | $68M |
| Goodwill | $113M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $25M |
| Short-Term Debt | $3M |
| Deferred Revenue | $140M |
| Other Current Liabilities | $293M |
| TOTAL CURRENT LIABILITIES | $460M |
| Long-Term Debt | $246M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $598M |
| TOTAL NON-CURRENT LIABILITIES | $844M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$4.6B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$128M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$128M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $249M |
| Net Debt | $8M |
