| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.0B | 0.2% | 20.6% |
| Op. Income | $396M | $435M | $313M | -9.0% | 26.4% |
| Gross Margin | 43.5% | 44.4% | 42.6% | -0.9pp | 0.9pp |
| Net Margin | 25.4% | 28.5% | 22.6% | -3.1pp | 2.9pp |
| EPS (Diluted) | $0.20 | $0.23 | $0.15 | -11.5% | 38.0% |
| Free Cash Flow | $538M | $239M | $316M | 124.8% | 70.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $699M |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $38M |
| General & Administrative | $154M |
| SG&A Expenses | $192M |
| Other Expenses | -$50M |
| Operating Expenses | $142M |
| Cost & Expenses | $841M |
| OPERATING INCOME | $396M |
| Interest Income | $5M |
| Interest Expense | $653.3K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $0 |
| EBIT | $393M |
| EBITDA | $393M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $699M |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $38M |
| General & Administrative | $154M |
| SG&A Expenses | $192M |
| Other Expenses | -$50M |
| Operating Expenses | $142M |
| Cost & Expenses | $841M |
| OPERATING INCOME | $396M |
| Interest Income | $5M |
| Interest Expense | $653.3K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $0 |
| EBIT | $393M |
| EBITDA | $393M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $315M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $193M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $538M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$182M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$310M |
| NET CASH FROM FINANCING | -$310M |
| FREE CASH FLOW | $538M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.6B |
| Net Receivables | $538M |
| Inventory | $8M |
| Other Current Assets | $564M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $198M |
| Goodwill | $3.0B |
| Intangible Assets | $430M |
| Long-Term Investments | $6.9B |
| Tax Assets | $79M |
| Other Non-Current Assets | $392M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $967M |
| Short-Term Debt | $0 |
| Deferred Revenue | $498M |
| Other Current Liabilities | $478M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $516M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $99M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $743M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $292.2K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$213M |
| Accum. Other Comp. Income | $4.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $392M |
| TOTAL EQUITY | $12.5B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $565M |
| Net Debt | -$1.1B |
