| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $357M | $365M | 3.5% | 1.4% |
| Op. Income | $112M | $85M | $106M | 31.6% | 5.2% |
| Gross Margin | 90.3% | 88.6% | 89.4% | 1.7pp | 0.9pp |
| Net Margin | 24.8% | 19.0% | 26.8% | 5.8pp | -2.0pp |
| EPS (Diluted) | $0.94 | $0.70 | $1.01 | 34.3% | -6.9% |
| Free Cash Flow | $168M | $100M | $172M | 68.0% | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $334M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $112M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $24M |
| EBIT | $120M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $334M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $112M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $24M |
| EBIT | $120M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$502.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $168M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $750M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $35M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $507M |
| Goodwill | $525M |
| Intangible Assets | $412M |
| Long-Term Investments | $74M |
| Tax Assets | $223M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $17M |
| Short-Term Debt | $11M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $293M |
| TOTAL CURRENT LIABILITIES | $457M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $189M |
| TOTAL LIABILITIES | $646M |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $40M |
| Net Debt | -$710M |
