| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $493M | $484M | $452M | 2.0% | 9.2% |
| Op. Income | $113M | $112M | $105M | 0.3% | 7.4% |
| Gross Margin | 77.9% | 81.9% | 80.5% | -4.0pp | -2.5pp |
| Net Margin | 22.4% | 18.5% | 16.2% | 3.9pp | 6.2pp |
| EPS (Diluted) | $1.96 | $1.58 | $1.31 | 24.1% | 49.6% |
| Free Cash Flow | $78M | $61M | $45M | 28.1% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $384M |
| R&D Expenses | $74M |
| Selling & Marketing | $126M |
| General & Administrative | $72M |
| SG&A Expenses | $197M |
| Other Expenses | $300.0K |
| Operating Expenses | $272M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $45M |
| EBIT | $154M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $384M |
| R&D Expenses | $74M |
| Selling & Marketing | $126M |
| General & Administrative | $72M |
| SG&A Expenses | $197M |
| Other Expenses | $300.0K |
| Operating Expenses | $272M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $45M |
| EBIT | $154M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$246M |
| Sales/Maturities of Investments | $250M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$219M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $201M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $2M |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $740M |
| Goodwill | $52M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $20M |
| Short-Term Debt | $23M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $121M |
| Deferred Tax Liabilities | $259M |
| Other Non-Current Liabilities | -$45M |
| TOTAL NON-CURRENT LIABILITIES | $457M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $843M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $400.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $146M |
| Net Debt | -$229M |
