Strong Software Business Growth
The software business, which now accounts for over 80% of the overall business, delivered double-digit subscription revenue growth and ARR growth.
Successful Acquisition and Strategic Investments
Completed the acquisition of Nok Nok and a strategic investment in ThreatFabric, funded by cash generated by the business. Nok Nok has already closed two new logos, generating additional pipeline for Q4.
Record Adjusted EBITDA and Cash Generation
Generated record adjusted EBITDA of $58 million (32% of revenue) and $47 million in cash from operations over the first 9 months.
Digital Agreements Business Performance
Digital agreements business grew subscription revenue by 11% year-over-year and delivered record high segment operating income.
Return of Capital to Shareholders
Returned more than $20 million to shareholders through share repurchases and dividends in the first 9 months of 2025.