| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | — | $311M | — | -12.6% |
| Op. Income | $157M | — | $189M | — | -17.1% |
| Gross Margin | 95.2% | — | 94.3% | — | 0.9pp |
| Net Margin | 42.7% | — | 44.6% | — | -1.8pp |
| EPS (Diluted) | $4.53 | — | $5.20 | — | -12.9% |
| Free Cash Flow | $120M | — | $140M | — | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $259M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $157M |
| Interest Income | $231M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $6M |
| EBIT | $157M |
| EBITDA | $163M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $259M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $157M |
| Interest Income | $231M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $6M |
| EBIT | $157M |
| EBITDA | $163M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$378.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$710M |
| Sales/Maturities of Investments | $771M |
| Other Investing Activities | $91M |
| NET CASH FROM INVESTING | $150M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$172M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $568M |
| Short-Term Investments | $3.5B |
| Net Receivables | $715M |
| Inventory | $0 |
| Other Current Assets | -$6M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $26M |
| Goodwill | $122M |
| Intangible Assets | $0 |
| Long-Term Investments | $820M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $967M |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $440M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $585M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $160M |
| Net Debt | -$408M |
