| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | $445M | $464M | -0.4% | -4.6% |
| Op. Income | $117M | $146M | $141M | -19.4% | -17.0% |
| Gross Margin | 76.0% | 76.7% | 80.1% | -0.7pp | -4.1pp |
| Net Margin | 49.9% | 28.3% | 28.1% | 21.7pp | 21.8pp |
| EPS (Diluted) | $0.82 | $0.47 | $0.49 | 74.5% | 67.3% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $337M |
| R&D Expenses | $78M |
| Selling & Marketing | $131M |
| General & Administrative | $9M |
| SG&A Expenses | $141M |
| Other Expenses | -$289.2K |
| Operating Expenses | $219M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $117M |
| Interest Income | $124M |
| Interest Expense | $0 |
| Other Income/Expenses | $163M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $0 |
| EBIT | $117M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $337M |
| R&D Expenses | $78M |
| Selling & Marketing | $131M |
| General & Administrative | $9M |
| SG&A Expenses | $141M |
| Other Expenses | -$289.2K |
| Operating Expenses | $219M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $117M |
| Interest Income | $124M |
| Interest Expense | $0 |
| Other Income/Expenses | $163M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $0 |
| EBIT | $117M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $963M |
| Net Receivables | $819M |
| Inventory | $0 |
| Other Current Assets | $314M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $281M |
| Goodwill | $0 |
| Intangible Assets | $265M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $218M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | -$83 |
| TOTAL CURRENT LIABILITIES | $950M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $82M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.9B |
| Net Debt | $780M |
