| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $719M | — | $662M | — | 8.6% |
| Op. Income | -$37M | — | $82M | — | -145.1% |
| Gross Margin | 89.6% | — | 88.2% | — | 1.4pp |
| Net Margin | -5.4% | — | 11.2% | — | -16.5pp |
| EPS (Diluted) | $-0.68 | — | $1.32 | — | -151.5% |
| Free Cash Flow | $46M | — | $171M | — | -73.1% |
| Item | Amount |
|---|---|
| REVENUE | $719M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $644M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $486M |
| Other Expenses | $89M |
| Operating Expenses | $681M |
| Cost & Expenses | $756M |
| OPERATING INCOME | -$37M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $90M |
| EBIT | -$49M |
| EBITDA | $41M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$293M |
| Purchases of Investments | -$476M |
| Sales/Maturities of Investments | $775M |
| Other Investing Activities | -$439.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $180M |
| Net Receivables | $188M |
| Inventory | $82M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $644M |
| PP&E (Net) | $11M |
| Goodwill | $125M |
| Intangible Assets | $569M |
| Long-Term Investments | $0 |
| Tax Assets | $38M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $808M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $544M |
| Retained Earnings | $518M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $41M |
| Net Debt | -$87M |
