| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.1B | $4.8B | 2.5% | 8.1% |
| Op. Income | $817M | $853M | $708M | -4.2% | 15.4% |
| Gross Margin | 33.7% | 33.6% | 33.9% | 0.1pp | -0.3pp |
| Net Margin | 12.3% | 13.0% | 11.7% | -0.7pp | 0.6pp |
| EPS (Diluted) | $1.31 | $1.34 | $1.14 | -2.2% | 14.9% |
| Free Cash Flow | $331M | $323M | $183M | 2.5% | 80.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $810M |
| Other Expenses | $139M |
| Operating Expenses | $949M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $817M |
| Interest Income | $23M |
| Interest Expense | $9M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $842M |
| Income Tax Expense | $197M |
| Net Income from Continuing Ops | $645M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $645M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $645M |
| D&A | $139M |
| EBIT | $851M |
| EBITDA | $990M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $810M |
| Other Expenses | $139M |
| Operating Expenses | $949M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $817M |
| Interest Income | $23M |
| Interest Expense | $9M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $842M |
| Income Tax Expense | $197M |
| Net Income from Continuing Ops | $645M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $645M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $645M |
| D&A | $139M |
| EBIT | $851M |
| EBITDA | $990M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $645M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$380M |
| OPERATING CASH FLOW | $398M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$368M |
| Common Dividends Paid | -$153M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$516M |
| FREE CASH FLOW | $331M |
| Net Change in Cash | $364M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $12M |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $1.5B |
| Goodwill | $7.1B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $110M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $999M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $20.2B |
| Account Payables | $279M |
| Short-Term Debt | $33M |
| Deferred Revenue | $440M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $559M |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $169M |
| Other Non-Current Liabilities | $528M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $15.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $20.2B |
| Total Debt | $1.2B |
| Net Debt | -$619M |
