| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $257M | $254M | 1.4% | 2.5% |
| Op. Income | $60M | $56M | $45M | 7.6% | 33.4% |
| Gross Margin | 64.6% | 64.3% | 60.2% | 0.4pp | 4.4pp |
| Net Margin | 18.3% | 17.1% | 13.4% | 1.2pp | 4.9pp |
| EPS (Diluted) | $1.06 | $0.97 | $0.81 | 9.3% | 30.9% |
| Free Cash Flow | $73M | $10M | $41M | 610.0% | 78.3% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $65M |
| SG&A Expenses | $67M |
| Other Expenses | $41M |
| Operating Expenses | $108M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $60M |
| Interest Income | $219M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $60M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $65M |
| SG&A Expenses | $67M |
| Other Expenses | $41M |
| Operating Expenses | $108M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $60M |
| Interest Income | $219M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $60M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$275M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | $109M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$24.0K |
| Common Stock Repurchased | -$286.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$209M |
| NET CASH FROM FINANCING | -$242M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $769M |
| Short-Term Investments | $2.3B |
| Net Receivables | $173M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $276M |
| Goodwill | $32M |
| Intangible Assets | $18M |
| Long-Term Investments | $19.4B |
| Tax Assets | $164M |
| Other Non-Current Assets | $578M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $23.7B |
| Account Payables | $27M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.8B |
| TOTAL CURRENT LIABILITIES | $20.9B |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $440M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $587.0K |
| Additional Paid-In Capital | $655M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$299M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $23.7B |
| Total Debt | $701M |
| Net Debt | -$68M |
