| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | — | — | — | — |
| Op. Income | $190M | — | — | — | — |
| Gross Margin | 95.2% | — | — | — | — |
| Net Margin | 17.1% | — | — | — | — |
| EPS (Diluted) | $6.40 | — | — | — | — |
| Free Cash Flow | $844M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $635M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $445M |
| Operating Expenses | $445M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $190M |
| Interest Income | $43M |
| Interest Expense | $942.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$58M |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $8M |
| EBIT | $190M |
| EBITDA | $198M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $635M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $445M |
| Operating Expenses | $445M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $190M |
| Interest Income | $43M |
| Interest Expense | $942.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$58M |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $8M |
| EBIT | $190M |
| EBITDA | $198M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $65M |
| Change in Working Capital | $660M |
| OPERATING CASH FLOW | $847M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$117M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $844M |
| Net Change in Cash | $695M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | -$1.5B |
| TOTAL LIABILITIES | -$1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $180M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $0 |
| Total Debt | $0 |
| Net Debt | $0 |
