$538.20M
Revenue
$-2.80M
Net Income
75.21%
Gross Margin
4.89%
Op. Margin
$-21.30M
Free Cash Flow
| Breakdown | TTM (Feb 28, 2025) |
FY 2024 (Feb 28, 2025) |
FY 2023 (Feb 29, 2024) |
FY 2022 (Feb 28, 2023) |
FY 2021 (Feb 28, 2022) |
FY 2020 (Feb 28, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $538.20M | $534.90M | $853.00M | $656.00M | $718.00M | $893.00M |
| Revenue Growth % | 0.6% | -37.3% | 30.0% | -8.6% | -19.6% | nan% |
| Cost of Revenue | $133.40M | $140.00M | $333.00M | $237.00M | $251.00M | $250.00M |
| Gross Profit | $404.80M | $394.90M | $520.00M | $419.00M | $467.00M | $643.00M |
| Gross Margin % | 75.2% | 73.8% | 61.0% | 63.9% | 65.0% | 72.0% |
| Operating Expenses | $378.50M | $394.10M | $645.00M | $1.14B | $469.00M | $1.75B |
| Research & Development | $101.40M | $108.80M | $186.00M | $207.00M | $219.00M | $215.00M |
| Selling General & Admin | - | - | - | $340.00M | $297.00M | $344.00M |
| Operating Income | $26.30M | $800.00K | $-125.00M | $-725.00M | $-2.00M | $-1.11B |
| Operating Margin % | 4.9% | 0.1% | -14.7% | -110.5% | -0.3% | -124.0% |
| Income Before Tax | $30.80M | $8.50M | $-106.00M | $-720.00M | $19.00M | $-1.11B |
| Income Tax Expense | $11.10M | $17.00M | $24.00M | $14.00M | $7.00M | $-9.00M |
| Net Income | $-2.80M | $-79.00M | $-130.00M | $-734.00M | $12.00M | $-1.10B |
| Net Margin % | -0.5% | -14.8% | -15.2% | -111.9% | 1.7% | -123.6% |
| Basic EPS | -0.01 | -0.13 | -0.22 | -1.27 | 0.02 | -1.97 |
| Diluted EPS | -0.01 | -0.13 | -0.22 | -1.35 | -0.31 | -1.97 |
| Breakdown | FY 2024 (Feb 28, 2025) |
FY 2023 (Feb 29, 2024) |
FY 2022 (Feb 28, 2023) |
FY 2021 (Feb 28, 2022) |
FY 2020 (Feb 28, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $266.70M | $175.00M | $295.00M | $378.00M | $214.00M |
| Short-term Investments | $71.10M | $62.00M | $131.00M | $334.00M | $525.00M |
| Accounts Receivable | $173.70M | $199.00M | $120.00M | $138.00M | $182.00M |
| Other Current Assets | $30.00M | $47.00M | $182.00M | $159.00M | $50.00M |
| Total Current Assets | $591.50M | $508.00M | $743.00M | $1.04B | $1.01B |
| Property Plant & Equipment | $13.40M | $21.00M | $25.00M | $41.00M | $48.00M |
| Goodwill | $472.40M | $562.00M | $595.00M | $844.00M | $849.00M |
| Intangible Assets | $47.30M | $154.00M | $203.00M | $522.00M | $771.00M |
| Long-term Investments | $58.90M | $36.00M | $34.00M | $30.00M | $37.00M |
| Other Non-current Assets | $76.50M | $57.00M | $8.00M | $9.00M | $16.00M |
| Total Assets | $1.30B | $1.40B | $1.68B | $2.57B | $2.82B |
| Accounts Payable | $31.10M | $17.00M | $24.00M | $22.00M | $20.00M |
| Accrued Liabilities | $126.20M | $117.00M | $143.00M | $157.00M | $178.00M |
| Deferred Revenue | $161.50M | $194.00M | $175.00M | $207.00M | $225.00M |
| Total Current Liabilities | $344.30M | $356.00M | $729.00M | $397.00M | $429.00M |
| Long-term Debt | $195.30M | $194.00M | - | - | - |
| Other Non-current Liabilities | $1.80M | $3.00M | $1.00M | $4.00M | $6.00M |
| Total Liabilities | $575.70M | $619.00M | $822.00M | $1.01B | $1.31B |
| Common Stock | $2.98B | $2.95B | $2.91B | $2.87B | $2.82B |
| Retained Earnings | $-2.24B | $-2.16B | $-2.03B | $-1.29B | $-1.31B |
| Total Stockholders Equity | $719.90M | $776.00M | $857.00M | $1.56B | $1.50B |
| Total Liabilities & Equity | $1.30B | $1.40B | $1.68B | $2.57B | $2.82B |
| Breakdown | TTM (Feb 28, 2025) |
FY 2024 (Feb 28, 2025) |
FY 2023 (Feb 29, 2024) |
FY 2022 (Feb 28, 2023) |
FY 2021 (Feb 28, 2022) |
FY 2020 (Feb 28, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-61.90M | $-79.00M | $-130.00M | $-734.00M | $12.00M | $-1.10B |
| Depreciation & Amortization | $60.70M | $44.70M | $59.00M | $105.00M | $176.00M | $198.00M |
| Stock-based Compensation | $42.90M | $25.60M | $33.00M | $34.00M | $36.00M | $44.00M |
| Deferred Income Tax | - | - | - | - | - | $-3.00M |
| Change in Receivables | $-117.50M | $-25.00M | $79.00M | $-18.00M | $-44.00M | $-29.00M |
| Change in Payables | $-38.80M | $14.20M | $-7.00M | $2.00M | $2.00M | $-11.00M |
| Operating Cash Flow | $-15.60M | $16.50M | $-3.00M | $-263.00M | $-28.00M | $82.00M |
| Capital Expenditure | $5.70M | $3.10M | $7.00M | $7.00M | $8.00M | $8.00M |
| Investing Cash Flow | $152.00M | $60.70M | $46.00M | $176.00M | $207.00M | $-65.00M |
| Debt Repayment | - | - | $515.00M | - | - | $610.00M |
| Stock Issued | $5.50M | $3.10M | $6.00M | $6.00M | $10.00M | $19.00M |
| Financing Cash Flow | $-34.50M | $3.10M | $-165.00M | $6.00M | $10.00M | $-227.00M |
| Net Change in Cash | $102.30M | $79.80M | $-122.00M | $-84.00M | $188.00M | $-208.00M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Nov 30, 2025
Condensed Consolidated Statements of Operations
| Description | Nov 30, 2025 | Nov 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $141.80M | $143.60M | $393.10M | $393.20M |
| Cost of Revenue | $31.90M | $31.40M | $96.30M | $102.40M |
| Gross Profit | $109.90M | $112.20M | $296.80M | $290.80M |
| Operating Expenses | $98.00M | $92.70M | $271.40M | $282.00M |
| Research & Development | $29.60M | $27.90M | $80.20M | $85.60M |
| Operating Income | $11.90M | $19.50M | $25.40M | $8.80M |
| Income Before Tax | $14.80M | $18.90M | $33.10M | $14.90M |
| Income Tax Expense | $1.10M | $6.60M | $4.20M | $15.60M |
| Net Income | $13.70M | $-10.50M | $28.90M | $-71.60M |
| Basic EPS | 0.02 | -0.02 | 0.05 | -0.12 |
| Diluted EPS | 0.02 | -0.02 | 0.05 | -0.12 |
Condensed Consolidated Balance Sheets
| Description | Nov 30, 2025 | Feb 28, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $270.30M | $266.70M |
| Short-term Investments | $33.90M | $71.10M |
| Accounts Receivable | $149.50M | $173.70M |
| Other Current Assets | $38.40M | $30.00M |
| Total Current Assets | $543.20M | $591.50M |
| Property Plant & Equipment | $11.70M | $13.40M |
| Goodwill | $478.10M | $472.40M |
| Intangible Assets | $40.70M | $47.30M |
| Long-term Investments | $59.30M | $58.90M |
| Other Non-current Assets | $53.70M | $76.50M |
| Total Assets | $1.22B | $1.30B |
| Accounts Payable | $13.40M | $31.10M |
| Accrued Liabilities | $106.10M | $126.20M |
| Deferred Revenue | $121.30M | $161.50M |
| Total Current Liabilities | $253.30M | $344.30M |
| Long-term Debt | $196.20M | $195.30M |
| Other Non-current Liabilities | $1.80M | $1.80M |
| Total Liabilities | $477.30M | $575.70M |
| Common Stock | $2.95B | $2.98B |
| Retained Earnings | $-2.20B | $-2.24B |
| Total Stockholders Equity | $741.10M | $719.90M |
| Total Liabilities & Equity | $1.22B | $1.30B |
Condensed Consolidated Statements of Cash Flows
| Description | Nov 30, 2025 | Nov 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $13.70M | $-10.50M | $28.90M | $-71.60M |
| Depreciation & Amortization | $2.40M | $4.40M | $14.30M | $39.00M |
| Stock-based Compensation | - | - | $17.70M | $21.30M |
| Change in Receivables | - | - | $-24.20M | $-26.40M |
| Change in Payables | - | - | $-17.70M | $-7.20M |
| Operating Cash Flow | - | - | $4.20M | $-25.10M |
| Capital Expenditure | - | - | $2.60M | $2.70M |
| Investing Cash Flow | - | - | $30.80M | $22.10M |
| Stock Issued | - | - | $2.50M | $3.10M |
| Stock Repurchased | $4.00M | - | $34.00M | - |
| Financing Cash Flow | - | - | $-31.50M | $3.10M |
| Net Change in Cash | - | - | $4.00M | $-300.00K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.