| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | $341M | $364M | 1.1% | -5.1% |
| Op. Income | $101M | $96M | $86M | 5.6% | 18.0% |
| Gross Margin | 76.3% | 74.6% | 68.3% | 1.7pp | 8.0pp |
| Net Margin | 22.2% | 21.2% | 17.7% | 1.0pp | 4.4pp |
| EPS (Diluted) | $1.36 | $1.27 | $1.08 | 7.1% | 25.9% |
| Free Cash Flow | $120M | $35M | -$489.0K | 241.7% | 24699.6% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $94M |
| SG&A Expenses | $97M |
| Other Expenses | $66M |
| Operating Expenses | $162M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $101M |
| Interest Income | $258M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $8M |
| EBIT | $101M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $94M |
| SG&A Expenses | $97M |
| Other Expenses | $66M |
| Operating Expenses | $162M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $101M |
| Interest Income | $258M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $8M |
| EBIT | $101M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $53M |
| NET CASH FROM INVESTING | $120M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | -$208.0K |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $242M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $46M |
| Net Receivables | $697M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $83M |
| Goodwill | $885M |
| Intangible Assets | $88M |
| Long-Term Investments | $16.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $798M |
| TOTAL NON-CURRENT ASSETS | $18.5B |
| TOTAL ASSETS | $20.8B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.2B |
| TOTAL CURRENT LIABILITIES | $17.3B |
| Long-Term Debt | $255M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $591M |
| TOTAL NON-CURRENT LIABILITIES | $846M |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $764.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$834M |
| Accum. Other Comp. Income | -$475M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | -$10M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $255M |
| Net Debt | -$1.3B |
