| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 0.8% | 7.9% |
| Op. Income | $426M | $417M | $375M | 2.2% | 13.8% |
| Gross Margin | 59.3% | 58.6% | 56.9% | 0.7pp | 2.4pp |
| Net Margin | 28.3% | 26.9% | 25.1% | 1.4pp | 3.2pp |
| EPS (Diluted) | $2.48 | $2.34 | $2.04 | 6.0% | 21.6% |
| Free Cash Flow | $555M | $290M | $379M | 91.5% | 46.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $525M |
| GROSS PROFIT | $766M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $11M |
| Operating Expenses | $340M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $426M |
| Interest Income | $793.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $365M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $365M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $365M |
| D&A | $52M |
| EBIT | $418M |
| EBITDA | $470M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $525M |
| GROSS PROFIT | $766M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $11M |
| Operating Expenses | $340M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $426M |
| Interest Income | $793.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $365M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $365M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $365M |
| D&A | $52M |
| EBIT | $418M |
| EBITDA | $470M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $365M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $579M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | -$364.0K |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | $555M |
| Net Change in Cash | $411M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $933M |
| Short-Term Investments | $12M |
| Net Receivables | $940M |
| Inventory | $863M |
| Other Current Assets | $204M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $688M |
| Goodwill | $2.8B |
| Intangible Assets | $430M |
| Long-Term Investments | $134M |
| Tax Assets | $0 |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $223M |
| Short-Term Debt | $10M |
| Deferred Revenue | $160M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $941M |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $151M |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $761.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$251M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $840M |
| Net Debt | -$93M |
