| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $756M | — | — | — | — |
| Op. Income | $338M | — | — | — | — |
| Gross Margin | 62.0% | — | — | — | — |
| Net Margin | 6.3% | — | — | — | — |
| EPS (Diluted) | $0.07 | — | — | — | — |
| Free Cash Flow | $359M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $188M |
| SG&A Expenses | $188M |
| Other Expenses | -$57M |
| Operating Expenses | $131M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $338M |
| Interest Income | $11M |
| Interest Expense | $41M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $98M |
| EBIT | $251M |
| EBITDA | $349M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $188M |
| SG&A Expenses | $188M |
| Other Expenses | -$57M |
| Operating Expenses | $131M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $338M |
| Interest Income | $11M |
| Interest Expense | $41M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $98M |
| EBIT | $251M |
| EBITDA | $349M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $162M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $165M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $14M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$149M |
| Other Financing Activities | -$226M |
| NET CASH FROM FINANCING | -$337M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $742M |
| Inventory | $0 |
| Other Current Assets | -$775M |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $456M |
| Goodwill | $5.6B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $532M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | -$532M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $860M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$171M |
| TOTAL CURRENT LIABILITIES | $689M |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $155.0K |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $3.8B |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $3.9B |
| Net Debt | $3.7B |
