| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $1.8B | — | 13.2% |
| Op. Income | $2M | — | $100M | — | -98.3% |
| Gross Margin | 68.1% | — | 67.9% | — | 0.1pp |
| Net Margin | 2.5% | — | 7.9% | — | -5.3pp |
| EPS (Diluted) | $0.88 | — | $2.36 | — | -62.7% |
| Free Cash Flow | $574M | — | $480M | — | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $636M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $646M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $709M |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$401.0K |
| Income Tax Expense | -$51M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $31M |
| EBIT | $2M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$92M |
| Other Non-Cash Items | $201M |
| Change in Working Capital | $391M |
| OPERATING CASH FLOW | $583M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $535M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$902M |
| Net Debt Issuance | $549M |
| Common Stock Repurchased | -$575M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $574M |
| Net Change in Cash | -$350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $869M |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $513M |
| Goodwill | $0 |
| Intangible Assets | $167M |
| Long-Term Investments | $479M |
| Tax Assets | $95M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $75M |
| Short-Term Debt | $43M |
| Deferred Revenue | $737M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $117M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $200M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$851M |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$366M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$366M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
