| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | — | $557M | — | 27.1% |
| Op. Income | $260M | — | $179M | — | 45.3% |
| Gross Margin | 76.0% | — | 75.4% | — | 0.5pp |
| Net Margin | 32.6% | — | 32.3% | — | 0.3pp |
| EPS (Diluted) | $2.11 | — | $1.65 | — | 27.9% |
| Free Cash Flow | $333M | — | $200M | — | 66.7% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $538M |
| R&D Expenses | $188M |
| Selling & Marketing | $0 |
| General & Administrative | $90M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $260M |
| Interest Income | $20M |
| Interest Expense | $1M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $31M |
| EBIT | $283M |
| EBITDA | $314M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $538M |
| R&D Expenses | $188M |
| Selling & Marketing | $0 |
| General & Administrative | $90M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $260M |
| Interest Income | $20M |
| Interest Expense | $1M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $31M |
| EBIT | $283M |
| EBITDA | $314M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $230M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$666M |
| Sales/Maturities of Investments | $470M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$223M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $333M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $579M |
| Net Receivables | $163M |
| Inventory | $44M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $989M |
| PP&E (Net) | $130M |
| Goodwill | $287M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $541M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $165M |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $44M |
| Net Debt | -$139M |
