| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $596M | $596M | $543M | -0.0% | 9.7% |
| Op. Income | $98M | $96M | $83M | 2.4% | 18.2% |
| Gross Margin | 47.2% | 43.5% | 41.2% | 3.7pp | 6.1pp |
| Net Margin | 14.2% | 14.2% | 14.0% | -0.0pp | 0.2pp |
| EPS (Diluted) | $1.93 | $1.93 | $1.74 | 0.0% | 10.9% |
| Free Cash Flow | $251M | $93M | $253M | 170.7% | -0.6% |
| Item | Amount |
|---|---|
| REVENUE | $596M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $281M |
| R&D Expenses | $52M |
| Selling & Marketing | $38M |
| General & Administrative | $80M |
| SG&A Expenses | $118M |
| Other Expenses | $14M |
| Operating Expenses | $184M |
| Cost & Expenses | $498M |
| OPERATING INCOME | $98M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $30M |
| EBIT | $109M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $596M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $281M |
| R&D Expenses | $52M |
| Selling & Marketing | $38M |
| General & Administrative | $80M |
| SG&A Expenses | $118M |
| Other Expenses | $14M |
| Operating Expenses | $184M |
| Cost & Expenses | $498M |
| OPERATING INCOME | $98M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $30M |
| EBIT | $109M |
| EBITDA | $139M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | $43.0K |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$149M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $251M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $834M |
| Short-Term Investments | $117M |
| Net Receivables | $699M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $197M |
| Goodwill | $2.6B |
| Intangible Assets | $851M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $148M |
| Short-Term Debt | $609M |
| Deferred Revenue | $761M |
| Other Current Liabilities | $173M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$160M |
| Accum. Other Comp. Income | -$54.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $643M |
| Net Debt | -$191M |
