| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $281M | $280M | 9.3% | 9.7% |
| Op. Income | $95M | $64M | $52M | 48.1% | 81.6% |
| Gross Margin | 85.4% | 83.8% | 83.5% | 1.5pp | 1.9pp |
| Net Margin | 34.1% | 26.9% | 22.0% | 7.1pp | 12.1pp |
| EPS (Diluted) | $0.24 | $0.17 | $0.13 | 38.8% | 76.9% |
| Free Cash Flow | $159M | $141M | $79M | 12.6% | 100.4% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $262M |
| R&D Expenses | $61M |
| Selling & Marketing | $61M |
| General & Administrative | $45M |
| SG&A Expenses | $107M |
| Other Expenses | -$455.6K |
| Operating Expenses | $167M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $95M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $95M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $262M |
| R&D Expenses | $61M |
| Selling & Marketing | $61M |
| General & Administrative | $45M |
| SG&A Expenses | $107M |
| Other Expenses | -$455.6K |
| Operating Expenses | $167M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $95M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $95M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | -$26M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | $5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$126M |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $462M |
| Short-Term Investments | $1.9B |
| Net Receivables | $46M |
| Inventory | $395.4K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $250M |
| Goodwill | $953.8K |
| Intangible Assets | $34M |
| Long-Term Investments | $381M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $666M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $497M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $619M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $635M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.4B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $29M |
| Net Debt | -$433M |
