| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $505M | — | 245.8% |
| Op. Income | $1.4B | — | $331M | — | 315.9% |
| Gross Margin | 91.6% | — | 75.4% | — | 16.2pp |
| Net Margin | 7.3% | — | 31.9% | — | -24.6pp |
| EPS (Diluted) | $0.99 | — | $1.37 | — | -27.7% |
| Free Cash Flow | $142M | — | -$2.7B | — | 105.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $146M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $2M |
| Selling & Marketing | $12M |
| General & Administrative | $65M |
| SG&A Expenses | $77M |
| Other Expenses | $141M |
| Operating Expenses | $221M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $1.4B |
| Interest Income | $851M |
| Interest Expense | $870M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $0 |
| EBIT | $964M |
| EBITDA | $964M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $146M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $2M |
| Selling & Marketing | $12M |
| General & Administrative | $65M |
| SG&A Expenses | $77M |
| Other Expenses | $141M |
| Operating Expenses | $221M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $1.4B |
| Interest Income | $851M |
| Interest Expense | $870M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $0 |
| EBIT | $964M |
| EBITDA | $964M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7.3B |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $430M |
| NET CASH FROM INVESTING | $430M |
| Net Debt Issuance | $5.4B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$139M |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $6.7B |
| FREE CASH FLOW | $142M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272M |
| Short-Term Investments | $191M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | -$210M |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $21.3B |
| Account Payables | $168M |
| Short-Term Debt | $8.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$168M |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $11.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $365M |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $870.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$583M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $19.1B |
| Net Debt | $18.8B |
