| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $282M | $278M | $288M | 1.7% | -2.0% |
| Op. Income | $88M | $77M | $81M | 14.5% | 9.1% |
| Gross Margin | 72.5% | 69.3% | 67.4% | 3.1pp | 5.1pp |
| Net Margin | 25.9% | 21.3% | 21.5% | 4.6pp | 4.4pp |
| EPS (Diluted) | $0.58 | $0.47 | $0.48 | 23.4% | 20.8% |
| Free Cash Flow | $125M | $29M | $72M | 337.4% | 73.4% |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $16M |
| SG&A Expenses | $18M |
| Other Expenses | $99M |
| Operating Expenses | $117M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $88M |
| Interest Income | $237M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $9M |
| EBIT | $88M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $16M |
| SG&A Expenses | $18M |
| Other Expenses | $99M |
| Operating Expenses | $117M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $88M |
| Interest Income | $237M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $9M |
| EBIT | $88M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $81M |
| Net Receivables | $503M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $299M |
| Goodwill | $995M |
| Intangible Assets | $5M |
| Long-Term Investments | $19.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $23.8B |
| Account Payables | $0 |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.2B |
| TOTAL CURRENT LIABILITIES | $20.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $661M |
| TOTAL NON-CURRENT LIABILITIES | $661M |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$469M |
| Accum. Other Comp. Income | -$407M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $23.8B |
| Total Debt | $250M |
| Net Debt | -$1.1B |
