| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $370M | $360M | 1.5% | 4.4% |
| Op. Income | $53M | $53M | $47M | -0.8% | 13.4% |
| Gross Margin | 90.3% | 90.4% | 91.0% | -0.1pp | -0.7pp |
| Net Margin | 10.5% | 11.9% | 10.7% | -1.4pp | -0.2pp |
| EPS (Diluted) | $0.60 | $0.67 | $0.56 | -10.4% | 7.1% |
| Free Cash Flow | $119M | $45M | $93M | 164.2% | 28.5% |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $340M |
| R&D Expenses | $78M |
| Selling & Marketing | $151M |
| General & Administrative | $46M |
| SG&A Expenses | $196M |
| Other Expenses | $12M |
| Operating Expenses | $287M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $53M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $13M |
| EBIT | $58M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $340M |
| R&D Expenses | $78M |
| Selling & Marketing | $151M |
| General & Administrative | $46M |
| SG&A Expenses | $196M |
| Other Expenses | $12M |
| Operating Expenses | $287M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $53M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $13M |
| EBIT | $58M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$86M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $272.0K |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $112M |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $107M |
| Goodwill | $136M |
| Intangible Assets | $51M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $440M |
| TOTAL ASSETS | $990M |
| Account Payables | $12M |
| Short-Term Debt | $8M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $733M |
| Minority Interest | $0 |
| TOTAL EQUITY | $733M |
| TOTAL LIABILITIES & EQUITY | $990M |
| Total Debt | $27M |
| Net Debt | -$204M |
