| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $582M | $594M | 4.8% | 2.7% |
| Op. Income | $140M | $121M | $103M | 15.3% | 35.7% |
| Gross Margin | 56.8% | 56.5% | 50.0% | 0.2pp | 6.8pp |
| Net Margin | 18.2% | 17.5% | 19.5% | 0.8pp | -1.2pp |
| EPS (Diluted) | $0.65 | $0.59 | $0.74 | 10.2% | -12.2% |
| Free Cash Flow | $131M | $91M | $102M | 44.3% | 28.4% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $137M |
| SG&A Expenses | $144M |
| Other Expenses | $62M |
| Operating Expenses | $207M |
| Cost & Expenses | $470M |
| OPERATING INCOME | $140M |
| Interest Income | $546M |
| Interest Expense | $246M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $26M |
| EBIT | $140M |
| EBITDA | $166M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $137M |
| SG&A Expenses | $144M |
| Other Expenses | $62M |
| Operating Expenses | $207M |
| Cost & Expenses | $470M |
| OPERATING INCOME | $140M |
| Interest Income | $546M |
| Interest Expense | $246M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $26M |
| EBIT | $140M |
| EBITDA | $166M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$518M |
| Sales/Maturities of Investments | $332M |
| Other Investing Activities | -$441M |
| NET CASH FROM INVESTING | -$638M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$94.0K |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | $524M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $5.0B |
| Net Receivables | $169M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $377M |
| Goodwill | $1.1B |
| Intangible Assets | $113M |
| Long-Term Investments | $34.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $37.5B |
| TOTAL ASSETS | $44.0B |
| Account Payables | $0 |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.1B |
| TOTAL CURRENT LIABILITIES | $37.7B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $39.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$495M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $44.0B |
| Total Debt | $4.5B |
| Net Debt | $3.3B |
