| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $901M | $876M | $876M | 2.9% | 2.9% |
| Op. Income | $166M | $128M | $116M | 29.9% | 42.6% |
| Gross Margin | 65.9% | 68.3% | 65.7% | -2.4pp | 0.2pp |
| Net Margin | 12.4% | 10.2% | 4.6% | 2.2pp | 7.7pp |
| EPS (Diluted) | $0.46 | $0.37 | $0.16 | 24.3% | 187.5% |
| Free Cash Flow | $117M | -$59M | $89M | 296.3% | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $594M |
| R&D Expenses | $153M |
| Selling & Marketing | $159M |
| General & Administrative | $118M |
| SG&A Expenses | $276M |
| Other Expenses | $0 |
| Operating Expenses | $428M |
| Cost & Expenses | $735M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $51M |
| EBIT | $146M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $594M |
| R&D Expenses | $153M |
| Selling & Marketing | $159M |
| General & Administrative | $118M |
| SG&A Expenses | $276M |
| Other Expenses | $0 |
| Operating Expenses | $428M |
| Cost & Expenses | $735M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $51M |
| EBIT | $146M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $800.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $543M |
| Inventory | $175M |
| Other Current Assets | $308M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $186M |
| Goodwill | $5.2B |
| Intangible Assets | $967M |
| Long-Term Investments | $623M |
| Tax Assets | $287M |
| Other Non-Current Assets | $461M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $159M |
| Short-Term Debt | $0 |
| Deferred Revenue | $739M |
| Other Current Liabilities | $178M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $193M |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
