| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $911M | 5.0% | 23.6% |
| Op. Income | $35M | $82M | $12M | -57.7% | 197.6% |
| Gross Margin | 37.4% | 41.1% | 39.3% | -3.7pp | -1.8pp |
| Net Margin | 0.8% | 4.2% | -1.8% | -3.4pp | 2.6pp |
| EPS (Diluted) | $0.06 | $0.31 | $-0.12 | -80.0% | 151.6% |
| Free Cash Flow | $128M | $77M | $41M | 66.9% | 209.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $705M |
| GROSS PROFIT | $421M |
| R&D Expenses | $190M |
| Selling & Marketing | $140M |
| General & Administrative | $57M |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $386M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $35M |
| Interest Income | $13M |
| Interest Expense | $22M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $34M |
| EBIT | $41M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $705M |
| GROSS PROFIT | $421M |
| R&D Expenses | $190M |
| Selling & Marketing | $140M |
| General & Administrative | $57M |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $386M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $35M |
| Interest Income | $13M |
| Interest Expense | $22M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $34M |
| EBIT | $41M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $950M |
| Short-Term Investments | $304M |
| Net Receivables | $1.1B |
| Inventory | $874M |
| Other Current Assets | $354M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $388M |
| Goodwill | $445M |
| Intangible Assets | $147M |
| Long-Term Investments | $92M |
| Tax Assets | $864M |
| Other Non-Current Assets | $159M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $419M |
| Short-Term Debt | $12M |
| Deferred Revenue | $222M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.6B |
| Net Debt | $639M |
