| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $309M | $287M | 4.6% | 12.4% |
| Op. Income | $186M | $177M | $153M | 5.2% | 22.1% |
| Gross Margin | 64.7% | 65.3% | 61.2% | -0.6pp | 3.5pp |
| Net Margin | 38.5% | 39.1% | 29.9% | -0.6pp | 8.6pp |
| EPS (Diluted) | $0.26 | $0.25 | $0.18 | 4.0% | 44.4% |
| Free Cash Flow | $228M | $168M | $172M | 35.6% | 32.5% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $425.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $186M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $51M |
| EBIT | $216M |
| EBITDA | $267M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $425.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $186M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $51M |
| EBIT | $216M |
| EBITDA | $267M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $265M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$112M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$225M |
| FREE CASH FLOW | $228M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $3.9B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $598M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $92M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $490M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
