| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $516M | — | 4.2% | — |
| Op. Income | $196M | $168M | — | 17.0% | — |
| Gross Margin | 81.9% | 78.7% | — | 3.2pp | — |
| Net Margin | 28.4% | 25.5% | — | 2.9pp | — |
| EPS (Diluted) | $1.14 | $0.98 | — | 16.3% | — |
| Free Cash Flow | $101M | $126M | — | -20.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $440M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $155M |
| SG&A Expenses | $161M |
| Other Expenses | $83M |
| Operating Expenses | $244M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $196M |
| Interest Income | $372M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $14M |
| EBIT | $196M |
| EBITDA | $210M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $440M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $155M |
| SG&A Expenses | $161M |
| Other Expenses | $83M |
| Operating Expenses | $244M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $196M |
| Interest Income | $372M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $14M |
| EBIT | $196M |
| EBITDA | $210M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $154M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $455M |
| Other Investing Activities | -$296M |
| NET CASH FROM INVESTING | $123M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$308M |
| NET CASH FROM FINANCING | -$361M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $8.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $477M |
| Goodwill | $147M |
| Intangible Assets | $13M |
| Long-Term Investments | $17.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $32.3B |
| Account Payables | $0 |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.5B |
| TOTAL CURRENT LIABILITIES | $28.1B |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $519M |
| TOTAL NON-CURRENT LIABILITIES | $534M |
| TOTAL LIABILITIES | $28.6B |
| Common Stock | $676M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $256M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | -$581M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $20M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $32.3B |
| Total Debt | $2.6B |
| Net Debt | -$535M |
