| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | — | $4.4B | — | 19.7% |
| Op. Income | -$130M | — | -$117M | — | -11.4% |
| Gross Margin | 82.8% | — | 81.6% | — | 1.3pp |
| Net Margin | -4.9% | — | -6.9% | — | 2.0pp |
| EPS (Diluted) | $-0.98 | — | $-1.16 | — | 15.5% |
| Free Cash Flow | $1.4B | — | $1.4B | — | 0.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $895M |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $1.1B |
| General & Administrative | $647M |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | -$130M |
| Interest Income | $112M |
| Interest Expense | $31M |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | -$99M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | -$257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$257M |
| D&A | $92M |
| EBIT | -$68M |
| EBITDA | $24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$257M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $1.4B |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $265M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$439M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$342M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$779M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$783M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $336M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $424M |
| Net Receivables | $778M |
| Inventory | $0 |
| Other Current Assets | $176M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $274M |
| Goodwill | $1.3B |
| Intangible Assets | $245M |
| Long-Term Investments | $222M |
| Tax Assets | $4M |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $222M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $423M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $988M |
| Deferred Revenue NC | $254M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | -$4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $1.2B |
| Net Debt | -$1.3B |
