| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $821M | — | $621M | — | 32.2% |
| Op. Income | -$329M | — | -$378M | — | 13.0% |
| Gross Margin | 74.3% | — | 71.3% | — | 3.0pp |
| Net Margin | -35.1% | — | -54.5% | — | 19.4pp |
| EPS (Diluted) | $-0.92 | — | $-1.15 | — | 20.0% |
| Free Cash Flow | $7M | — | -$87M | — | 107.6% |
| Item | Amount |
|---|---|
| REVENUE | $821M |
| Cost of Revenue | $211M |
| GROSS PROFIT | $610M |
| R&D Expenses | $267M |
| Selling & Marketing | $487M |
| General & Administrative | $185M |
| SG&A Expenses | $673M |
| Other Expenses | $0 |
| Operating Expenses | $940M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$329M |
| Interest Income | $50M |
| Interest Expense | $171.0K |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | -$282M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$288M |
| D&A | $43M |
| EBIT | -$281M |
| EBITDA | -$239M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$288M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $268M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$124M |
| Purchases of Investments | -$804M |
| Sales/Maturities of Investments | $737M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $535M |
| Net Receivables | $236M |
| Inventory | $0 |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $72M |
| Goodwill | $630M |
| Intangible Assets | $107M |
| Long-Term Investments | $419M |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $470M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $614M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $102M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $737M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $19M |
| Net Debt | -$168M |
