| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | $3.8B | 5.0% | 0.2% |
| Op. Income | $252M | $233M | $226M | 8.0% | 11.4% |
| Gross Margin | 36.8% | 37.2% | 38.9% | -0.4pp | -2.1pp |
| Net Margin | -3.4% | -0.1% | 2.5% | -3.3pp | -5.9pp |
| EPS (Diluted) | $-0.11 | $-0.00 | $0.08 | -2720.5% | -239.2% |
| Free Cash Flow | $645M | $166M | $741M | 289.6% | -12.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $250M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $883M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $120M |
| Other Income/Expenses | -$260M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | -$128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$128M |
| D&A | $689M |
| EBIT | $112M |
| EBITDA | $800M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $689M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$137M |
| Other Non-Cash Items | $160M |
| Change in Working Capital | $126M |
| OPERATING CASH FLOW | $745M |
| Capital Expenditure | -$100M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $300.0K |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$140M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | $645M |
| Net Change in Cash | $436M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $975M |
| Short-Term Investments | $182M |
| Net Receivables | $3.6B |
| Inventory | $4.1B |
| Other Current Assets | $910M |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $2.9B |
| Goodwill | $6.7B |
| Intangible Assets | $15.7B |
| Long-Term Investments | $850M |
| Tax Assets | $999M |
| Other Non-Current Assets | $774M |
| TOTAL NON-CURRENT ASSETS | $28.0B |
| TOTAL ASSETS | $37.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $12.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $22.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | -$48M |
| Treasury Stock | -$924M |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.2B |
| TOTAL LIABILITIES & EQUITY | $37.9B |
| Total Debt | $14.7B |
| Net Debt | $13.7B |
