| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.4B | — | -13.2% |
| Op. Income | $214M | — | $246M | — | -12.8% |
| Gross Margin | 62.7% | — | 63.8% | — | -1.1pp |
| Net Margin | 7.4% | — | 6.8% | — | 0.6pp |
| EPS (Diluted) | $0.35 | — | $0.36 | — | -2.8% |
| Free Cash Flow | $365M | — | $346M | — | 5.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $784M |
| R&D Expenses | $197M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $373M |
| Other Expenses | $0 |
| Operating Expenses | $570M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $214M |
| Interest Income | $12M |
| Interest Expense | $91M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$49.0K |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $159M |
| EBIT | $189M |
| EBITDA | $348M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $784M |
| R&D Expenses | $197M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $373M |
| Other Expenses | $0 |
| Operating Expenses | $570M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $214M |
| Interest Income | $12M |
| Interest Expense | $91M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$49.0K |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $159M |
| EBIT | $189M |
| EBITDA | $348M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $159M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $140M |
| OPERATING CASH FLOW | $393M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$120.9K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | -$67M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$222M |
| FREE CASH FLOW | $365M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $683M |
| Inventory | $0 |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $577M |
| Goodwill | $7.5B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $163M |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $130M |
| Short-Term Debt | $36M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $172M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $2M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $6.7B |
| Net Debt | $5.4B |
