| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.7B | $1.9B | -17.2% | 19.2% |
| Op. Income | $365M | $814M | $336M | -55.2% | 8.6% |
| Gross Margin | 79.0% | 81.7% | 79.3% | -2.7pp | -0.3pp |
| Net Margin | 27.8% | 108.5% | 16.9% | -80.7pp | 10.9pp |
| EPS (Diluted) | $0.88 | $4.18 | $0.45 | -79.0% | 94.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $580M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $806M |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $365M |
| Interest Income | $98M |
| Interest Expense | $17M |
| Other Income/Expenses | $371M |
| INCOME BEFORE TAX | $736M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $616M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $617M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $617M |
| D&A | $31M |
| EBIT | $365M |
| EBITDA | $396M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $467M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $580M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $806M |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $365M |
| Interest Income | $98M |
| Interest Expense | $17M |
| Other Income/Expenses | $371M |
| INCOME BEFORE TAX | $736M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $616M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $617M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $617M |
| D&A | $31M |
| EBIT | $365M |
| EBITDA | $396M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $4.7B |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $4.0B |
| TOTAL CURRENT ASSETS | $17.7B |
| PP&E (Net) | $925M |
| Goodwill | $9.1B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $9.0B |
| Tax Assets | $403M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $39.1B |
| Account Payables | $2.8B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $2.7B |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $577M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $25.0B |
| TOTAL STOCKHOLDERS' EQUITY | $25.0B |
| Minority Interest | $241M |
| TOTAL EQUITY | $25.2B |
| TOTAL LIABILITIES & EQUITY | $39.1B |
| Total Debt | $4.6B |
| Net Debt | -$2.2B |
