| Metric | FY 2026 | Prior Q | FY 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | — | $3.6B | — | 29.2% |
| Op. Income | -$1.4B | — | -$1.5B | — | 1.4% |
| Gross Margin | 67.2% | — | 66.5% | — | 0.7pp |
| Net Margin | -28.4% | — | -35.5% | — | 7.0pp |
| EPS (Diluted) | $-3.95 | — | $-3.86 | — | -2.3% |
| Free Cash Flow | $1.1B | — | $913M | — | 22.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $2.1B |
| General & Administrative | $550M |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $4.6B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | -$1.4B |
| Interest Income | $191M |
| Interest Expense | $8M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $220M |
| EBIT | -$1.3B |
| EBITDA | -$1.1B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $220M |
| Stock-Based Compensation | $1.6B |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $350M |
| Change in Working Capital | $384M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | -$179M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | $312M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$874M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$684M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $409M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $524M |
| Goodwill | $1.2B |
| Intangible Assets | $247M |
| Long-Term Investments | $755M |
| Tax Assets | $0 |
| Other Non-Current Assets | $670M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $146M |
| Short-Term Debt | $50M |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $880M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$9.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $11.4B |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $2.7B |
| Net Debt | -$87M |
