| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.1B | 4.0% | 18.0% |
| Op. Income | $126M | $99M | $121M | 27.3% | 4.9% |
| Gross Margin | 28.8% | 26.9% | 29.3% | 1.9pp | -0.5pp |
| Net Margin | 6.5% | 5.6% | 8.6% | 0.9pp | -2.1pp |
| EPS (Diluted) | $1.56 | $1.28 | $1.70 | 21.9% | -8.2% |
| Free Cash Flow | $43M | $15M | $52M | 192.4% | -17.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $31M |
| Operating Expenses | $263M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $126M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $42M |
| EBIT | $126M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $31M |
| Operating Expenses | $263M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $126M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $42M |
| EBIT | $126M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$47.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$404.0K |
| Common Stock Repurchased | -$197M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$204M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $331M |
| Goodwill | $1.2B |
| Intangible Assets | $436M |
| Long-Term Investments | $0 |
| Tax Assets | $241M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $459M |
| TOTAL CURRENT LIABILITIES | $747M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $582.0K |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $163M |
| Net Debt | -$879M |
