| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.5B | $711M | -15.2% | 77.0% |
| Op. Income | $958M | $663M | $384M | 44.3% | 149.1% |
| Gross Margin | 87.7% | 81.7% | 82.9% | 6.0pp | 4.8pp |
| Net Margin | 65.1% | 38.8% | 43.6% | 26.3pp | 21.5pp |
| EPS (Diluted) | $2.39 | $1.67 | $0.89 | 43.1% | 168.5% |
| Free Cash Flow | $772M | $832M | $455M | -7.2% | 69.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $155M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $44M |
| Selling & Marketing | $47M |
| General & Administrative | $55M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $958M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $884M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $772M |
| Net Income from Discontinued Ops | $48M |
| Other Adjustments | $0 |
| NET INCOME | $820M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $819M |
| D&A | $47M |
| EBIT | $935M |
| EBITDA | $982M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $155M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $44M |
| Selling & Marketing | $47M |
| General & Administrative | $55M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $958M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $884M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $772M |
| Net Income from Discontinued Ops | $48M |
| Other Adjustments | $0 |
| NET INCOME | $820M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $819M |
| D&A | $47M |
| EBIT | $935M |
| EBITDA | $982M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $820M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $772M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $425M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $446M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$272M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$75M |
| NET CASH FROM FINANCING | -$537M |
| FREE CASH FLOW | $772M |
| Net Change in Cash | $642M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $130M |
| Goodwill | $1.5B |
| Intangible Assets | $448M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $850M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $554M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $723M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $3.5B |
| Net Debt | $2.3B |
