| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | $1.9B | — | 15.0% |
| Op. Income | -$197M | — | -$270M | — | 27.0% |
| Gross Margin | 76.4% | — | 78.4% | — | -1.9pp |
| Net Margin | -5.0% | — | -8.1% | — | 3.1pp |
| EPS (Diluted) | $-0.48 | — | $-0.68 | — | 29.4% |
| Free Cash Flow | $285M | — | $189M | — | 50.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $527M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $585M |
| Selling & Marketing | $790M |
| General & Administrative | $524M |
| SG&A Expenses | $1.3B |
| Other Expenses | $7M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$197M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | $90M |
| INCOME BEFORE TAX | -$107M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $250M |
| EBIT | -$71M |
| EBITDA | $179M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $250M |
| Stock-Based Compensation | $448M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$175M |
| OPERATING CASH FLOW | $428M |
| Capital Expenditure | -$143M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$706M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $395M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$301M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $212M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $285M |
| Net Change in Cash | -$410M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $776M |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | $372M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $103M |
| Goodwill | $2.8B |
| Intangible Assets | $523M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $30M |
| Short-Term Debt | $563M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $831M |
| Long-Term Debt | $83M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$16M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $981M |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $743M |
| Net Debt | -$342M |
