| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $751M | — | — | — | — |
| Op. Income | $135M | — | — | — | — |
| Gross Margin | 90.2% | — | — | — | — |
| Net Margin | 1.1% | — | — | — | — |
| EPS (Diluted) | $0.03 | — | — | — | — |
| Free Cash Flow | $246M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $678M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $123M |
| SG&A Expenses | $123M |
| Other Expenses | $420M |
| Operating Expenses | $543M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $135M |
| Interest Income | $13M |
| Interest Expense | $53M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $74M |
| EBIT | $98M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $678M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $123M |
| SG&A Expenses | $123M |
| Other Expenses | $420M |
| Operating Expenses | $543M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $135M |
| Interest Income | $13M |
| Interest Expense | $53M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $74M |
| EBIT | $98M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $121M |
| OPERATING CASH FLOW | $263M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$110M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | -$994.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $146M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | $246M |
| Net Change in Cash | $211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $0 |
| Net Receivables | $489M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $647M |
| PP&E (Net) | $200M |
| Goodwill | $3.2B |
| Intangible Assets | $120M |
| Long-Term Investments | $110M |
| Tax Assets | $310M |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $217M |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$217M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $5.7B |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $265.0K |
| Additional Paid-In Capital | $514M |
| Retained Earnings | $120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $648M |
| Minority Interest | $606M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $3.5B |
| Net Debt | $3.4B |
