| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $576M | — | — | — | — |
| Op. Income | $901M | — | — | — | — |
| Gross Margin | 66.1% | — | — | — | — |
| Net Margin | 145.1% | — | — | — | — |
| EPS (Diluted) | $327.23 | — | — | — | — |
| Free Cash Flow | $61M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $576M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $290M |
| SG&A Expenses | $290M |
| Other Expenses | -$810M |
| Operating Expenses | -$520M |
| Cost & Expenses | -$325M |
| OPERATING INCOME | $901M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $814M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $0 |
| EBIT | $923M |
| EBITDA | $923M |
| EPS | $327 |
| EPS Diluted | $327 |
| Item | Amount |
|---|---|
| REVENUE | $576M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $290M |
| SG&A Expenses | $290M |
| Other Expenses | -$810M |
| Operating Expenses | -$520M |
| Cost & Expenses | -$325M |
| OPERATING INCOME | $901M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $814M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $0 |
| EBIT | $923M |
| EBITDA | $923M |
| EPS | $327 |
| EPS Diluted | $327 |
| Item | Amount |
|---|---|
| Net Income | $836M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$739M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$288M |
| NET CASH FROM INVESTING | -$288M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$193M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $1.8B |
| Net Receivables | $906M |
| Inventory | $0 |
| Other Current Assets | -$2.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $614M |
| Intangible Assets | $406M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $368M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | -$1.8B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $837M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $577M |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $800.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $830M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $837M |
| Net Debt | $652M |
