| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $222M | $217M | 7.1% | 9.9% |
| Op. Income | $45M | $49M | $42M | -9.2% | 8.1% |
| Gross Margin | 41.1% | 42.9% | 39.4% | -1.9pp | 1.7pp |
| Net Margin | 14.5% | 17.3% | 15.3% | -2.8pp | -0.7pp |
| EPS (Diluted) | $1.17 | $1.30 | $1.12 | -10.0% | 4.5% |
| Free Cash Flow | $41M | $30M | $34M | 35.2% | 19.3% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $7M |
| Operating Expenses | $53M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $45M |
| Interest Income | $895.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $923.0K |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $46M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $7M |
| Operating Expenses | $53M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $45M |
| Interest Income | $895.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $923.0K |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $46M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $913.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $147M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $448M |
| PP&E (Net) | $78M |
| Goodwill | $236M |
| Intangible Assets | $126M |
| Long-Term Investments | $0 |
| Tax Assets | $33M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $488M |
| TOTAL ASSETS | $936M |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $69M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $259M |
| Common Stock | $37M |
| Additional Paid-In Capital | $71M |
| Retained Earnings | $601M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $678M |
| Minority Interest | $0 |
| TOTAL EQUITY | $678M |
| TOTAL LIABILITIES & EQUITY | $936M |
| Total Debt | $0 |
| Net Debt | -$165M |
