| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 2.1% | 5.2% |
| Op. Income | $183M | $183M | $191M | 0.0% | -4.2% |
| Gross Margin | 48.0% | 47.6% | 48.8% | 0.4pp | -0.8pp |
| Net Margin | 7.7% | 8.7% | 10.9% | -1.0pp | -3.3pp |
| EPS (Diluted) | $1.97 | $2.19 | $2.64 | -10.0% | -25.4% |
| Free Cash Flow | $216M | $130M | $277M | 66.2% | -22.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $634M |
| R&D Expenses | $146M |
| Selling & Marketing | $159M |
| General & Administrative | $111M |
| SG&A Expenses | $270M |
| Other Expenses | $35M |
| Operating Expenses | $451M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $42M |
| EBIT | $278M |
| EBITDA | $320M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $634M |
| R&D Expenses | $146M |
| Selling & Marketing | $159M |
| General & Administrative | $111M |
| SG&A Expenses | $270M |
| Other Expenses | $35M |
| Operating Expenses | $451M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $42M |
| EBIT | $278M |
| EBITDA | $320M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $91M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $181M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $761M |
| Inventory | $663M |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $492M |
| Goodwill | $3.9B |
| Intangible Assets | $376M |
| Long-Term Investments | $102M |
| Tax Assets | $475M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $533M |
| Short-Term Debt | $66M |
| Deferred Revenue | $456M |
| Other Current Liabilities | $198M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $318M |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $781M |
| Retained Earnings | $5.2B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.4B |
| Net Debt | $1.3B |
