| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $2.4B | -0.5% | 8.7% |
| Op. Income | $248M | $266M | $224M | -6.8% | 10.6% |
| Gross Margin | 15.6% | 13.2% | 12.2% | 2.4pp | 3.3pp |
| Net Margin | 6.9% | 7.6% | 7.2% | -0.7pp | -0.3pp |
| EPS (Diluted) | $1.34 | $1.47 | $1.24 | -8.8% | 8.1% |
| Free Cash Flow | $163M | $329M | $119M | -50.4% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $156M |
| Operating Expenses | $166M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $248M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $14M |
| EBIT | $258M |
| EBITDA | $271M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $156M |
| Operating Expenses | $166M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $248M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $14M |
| EBIT | $258M |
| EBITDA | $271M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $184M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $92.0K |
| Common Stock Repurchased | -$231M |
| Common Dividends Paid | -$104M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$340M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | -$162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $490M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $76M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $385M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $587M |
| Net Debt | -$570M |
