| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $218M | $197M | 8.2% | 19.4% |
| Op. Income | $41M | $34M | $36M | 19.9% | 12.4% |
| Gross Margin | 64.4% | 63.5% | 62.4% | 0.9pp | 2.0pp |
| Net Margin | 15.3% | 14.4% | 15.0% | 0.9pp | 0.2pp |
| EPS (Diluted) | $0.99 | $0.86 | $0.81 | 15.1% | 22.2% |
| Free Cash Flow | $52M | $38M | $49M | 37.0% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $152M |
| R&D Expenses | $47M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $6M |
| Operating Expenses | $111M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $41M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $152M |
| R&D Expenses | $47M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $6M |
| Operating Expenses | $111M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $41M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$275.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$842.0K |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $54M |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $39M |
| Goodwill | $96M |
| Intangible Assets | $56M |
| Long-Term Investments | $77M |
| Tax Assets | $90M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $370M |
| TOTAL ASSETS | $567M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $271M |
| Retained Earnings | $357M |
| Treasury Stock | -$172M |
| Accum. Other Comp. Income | -$71.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $456M |
| Minority Interest | $0 |
| TOTAL EQUITY | $456M |
| TOTAL LIABILITIES & EQUITY | $567M |
| Total Debt | $40M |
| Net Debt | -$34M |
