| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $579M | $560M | $537M | 3.4% | 7.7% |
| Op. Income | $160M | $149M | $144M | 7.6% | 11.2% |
| Gross Margin | 53.6% | 53.8% | 53.7% | -0.2pp | -0.1pp |
| Net Margin | 28.4% | 40.6% | 28.8% | -12.2pp | -0.4pp |
| EPS (Diluted) | $1.30 | $1.78 | $1.19 | -27.0% | 9.2% |
| Free Cash Flow | $221M | $105M | $188M | 110.4% | 17.8% |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $82M |
| Operating Expenses | $150M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $160M |
| Interest Income | $10M |
| Interest Expense | $109.0K |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $19M |
| EBIT | $211M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $82M |
| Operating Expenses | $150M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $160M |
| Interest Income | $10M |
| Interest Expense | $109.0K |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $19M |
| EBIT | $211M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$548.0K |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | -$44.0K |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $221M |
| Net Change in Cash | $111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $793M |
| Short-Term Investments | $31M |
| Net Receivables | $721M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $180M |
| Goodwill | $168M |
| Intangible Assets | $297M |
| Long-Term Investments | $294M |
| Tax Assets | $17M |
| Other Non-Current Assets | $277M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $281M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $775M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $19M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $26M |
| Net Debt | -$767M |
