| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.6B | — | -1.5% |
| Op. Income | -$263M | — | -$1.0B | — | 74.2% |
| Gross Margin | 69.5% | — | 70.8% | — | -1.3pp |
| Net Margin | -7.9% | — | -39.0% | — | 31.0pp |
| EPS (Diluted) | $-1.14 | — | $-5.87 | — | 80.6% |
| Free Cash Flow | $285M | — | $283M | — | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $772M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $278M |
| Selling & Marketing | $653M |
| General & Administrative | $432M |
| SG&A Expenses | $1.1B |
| Other Expenses | $658M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | -$263M |
| Interest Income | $37M |
| Interest Expense | $20M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | -$236M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$200M |
| D&A | $363M |
| EBIT | -$216M |
| EBITDA | $147M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$200M |
| Depreciation & Amortization | $363M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$82M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $740.0K |
| Other Investing Activities | -$176M |
| NET CASH FROM INVESTING | -$266M |
| Net Debt Issuance | -$551M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$552M |
| FREE CASH FLOW | $285M |
| Net Change in Cash | -$517M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $781M |
| Short-Term Investments | $0 |
| Net Receivables | $202M |
| Inventory | $38M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $53M |
| Goodwill | $283M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $242M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $48M |
| Short-Term Debt | $11M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $187M |
| TOTAL CURRENT LIABILITIES | $405M |
| Long-Term Debt | $995M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $643.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $178.0K |
| Additional Paid-In Capital | $17.9B |
| Retained Earnings | -$16.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $259M |
