Watch the path.

In Q3, Northwind's revenue grew 18% year over year to $42.1M, driven primarily by the enterprise segment. Gross margin expanded to 71%, up from 66% a year earlier, as workloads shifted to the company's own inference cluster. Operating expenses rose 9%, with most of the increase in R&D headcount. The company ended the quarter with $310M in cash and equivalents, and management raised full-year guidance to a range of $168–172M. Churn among accounts older than one year remained below 2%.