| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $950M | — | 21.2% |
| Op. Income | -$136M | — | -$216M | — | 36.7% |
| Gross Margin | 82.1% | — | 81.6% | — | 0.5pp |
| Net Margin | -9.2% | — | -20.0% | — | 10.8pp |
| EPS (Diluted) | $-0.72 | — | $-1.34 | — | 46.3% |
| Free Cash Flow | $177M | — | $47M | — | 276.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $206M |
| GROSS PROFIT | $946M |
| R&D Expenses | $313M |
| Selling & Marketing | $552M |
| General & Administrative | $218M |
| SG&A Expenses | $770M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$136M |
| Interest Income | $24M |
| Interest Expense | $2M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | -$104M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $90M |
| EBIT | -$102M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$106M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $187M |
| Deferred Income Tax | -$881.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $196M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$494M |
| Sales/Maturities of Investments | $441M |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $338M |
| Net Receivables | $280M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $104M |
| Goodwill | $550M |
| Intangible Assets | $233M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $33M |
| Short-Term Debt | $6M |
| Deferred Revenue | $585M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $813M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $80M |
| Net Debt | -$358M |
