| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $411M | $362M | $355M | 13.7% | 15.9% |
| Op. Income | $13M | -$20M | -$43M | 164.8% | 130.1% |
| Gross Margin | 83.3% | 82.2% | 82.0% | 1.1pp | 1.2pp |
| Net Margin | 48.4% | 0.4% | -3.0% | 47.9pp | 51.4pp |
| EPS (Diluted) | $0.37 | $0.00 | $-0.02 | 12658.6% | 1950.0% |
| Free Cash Flow | $25M | $42M | $23M | -39.6% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $342M |
| R&D Expenses | $97M |
| Selling & Marketing | $179M |
| General & Administrative | $53M |
| SG&A Expenses | $232M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $13M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $342M |
| R&D Expenses | $97M |
| Selling & Marketing | $179M |
| General & Administrative | $53M |
| SG&A Expenses | $232M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $13M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | -$187M |
| Other Non-Cash Items | -$170M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$207M |
| Sales/Maturities of Investments | $328M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | $101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $744M |
| Short-Term Investments | $655M |
| Net Receivables | $496M |
| Inventory | $0 |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $110M |
| Goodwill | $121M |
| Intangible Assets | $22M |
| Long-Term Investments | $126M |
| Tax Assets | $213M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $889M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $534M |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $789M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $99M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $971M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.8B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $72M |
| Net Debt | -$672M |
