| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $533M | $534M | $502M | -0.2% | 6.1% |
| Op. Income | $129M | $122M | $112M | 6.0% | 15.2% |
| Gross Margin | 62.2% | 62.7% | 61.4% | -0.5pp | 0.8pp |
| Net Margin | 24.4% | 18.0% | 19.5% | 6.4pp | 4.9pp |
| EPS (Diluted) | $0.60 | $0.44 | $0.44 | 36.4% | 36.4% |
| Free Cash Flow | $119M | $121M | $138M | -1.3% | -13.8% |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $331M |
| R&D Expenses | $49M |
| Selling & Marketing | $113M |
| General & Administrative | $30M |
| SG&A Expenses | $143M |
| Other Expenses | $10M |
| Operating Expenses | $202M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $129M |
| Interest Income | $15M |
| Interest Expense | $8M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $134M |
| EBIT | $143M |
| EBITDA | $277M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $331M |
| R&D Expenses | $49M |
| Selling & Marketing | $113M |
| General & Administrative | $30M |
| SG&A Expenses | $143M |
| Other Expenses | $10M |
| Operating Expenses | $202M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $129M |
| Interest Income | $15M |
| Interest Expense | $8M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $134M |
| EBIT | $143M |
| EBITDA | $277M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$198M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | $684M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $614M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $622M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $334M |
| Net Receivables | $376M |
| Inventory | $290M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $898M |
| Goodwill | $2.6B |
| Intangible Assets | $297M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $75M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $973M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | -$384M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $2.1B |
| Net Debt | $772M |
