→Still a government-first business: $858M vs $774M commercial last quarter.
$4.5B+56% YoYFY 2025
◌ dashed bar = Q4 derived from FY − Q1 − Q2 − Q3 (the SEC never receives a Q4 filing)
→$4.5B in the last fiscal year.
$1.6B+252% YoYFY 2025
◌ dashed bar = Q4 derived from FY − Q1 − Q2 − Q3 (the SEC never receives a Q4 filing)
→$1.6B last fiscal year.
$2.1B+84% YoYFY 2025
→$2.1B of free cash flow last year.
→36¢ of every sales dollar survives all the way to the bottom line.
→47% FCF margin last year.
→+4.7% last year.