| Metric | FY 2026 | Prior Q | FY 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $821M | — | 21.9% |
| Op. Income | -$309M | — | -$329M | — | 6.2% |
| Gross Margin | 73.2% | — | 74.3% | — | -1.1pp |
| Net Margin | -45.0% | — | -35.1% | — | -9.9pp |
| EPS (Diluted) | $-1.37 | — | $-0.92 | — | -48.9% |
| Free Cash Flow | $76M | — | $7M | — | 1051.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $269M |
| GROSS PROFIT | $733M |
| R&D Expenses | $324M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $718M |
| Other Expenses | $0 |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$309M |
| Interest Income | $43M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | -$280M |
| Income Tax Expense | $171M |
| Net Income from Continuing Ops | -$451M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$451M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$451M |
| D&A | $55M |
| EBIT | -$309M |
| EBITDA | -$254M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$451M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $298M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $78M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$713.0K |
| Acquisitions (Net) | -$249M |
| Purchases of Investments | -$249M |
| Sales/Maturities of Investments | $610M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | $87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $459M |
| Net Receivables | $289M |
| Inventory | $0 |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $84M |
| Goodwill | $913M |
| Intangible Assets | $130M |
| Long-Term Investments | $141M |
| Tax Assets | $0 |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $550M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $756M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $0 |
| Net Debt | -$170M |
