| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $571M | $569M | $546M | 0.4% | 4.5% |
| Op. Income | $185M | $191M | $182M | -3.1% | 2.0% |
| Gross Margin | 52.8% | 54.5% | 53.3% | -1.7pp | -0.5pp |
| Net Margin | 25.4% | 26.4% | 25.8% | -1.0pp | -0.4pp |
| EPS (Diluted) | $3.76 | $3.89 | $3.65 | -3.3% | 3.0% |
| Free Cash Flow | $150M | $60M | $122M | 148.3% | 23.3% |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $185M |
| Interest Income | $273.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $46M |
| EBIT | $186M |
| EBITDA | $232M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $185M |
| Interest Income | $273.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $46M |
| EBIT | $186M |
| EBITDA | $232M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$227M |
| Purchases of Investments | -$221.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $58M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $113M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $8M |
| Net Receivables | $278M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $708M |
| PP&E (Net) | $198M |
| Goodwill | $1.2B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $54M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $129M |
| Short-Term Debt | $0 |
| Deferred Revenue | $177M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $482M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $446.0K |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $429.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
