| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $509M | $505M | $462M | 0.7% | 10.0% |
| Op. Income | $129M | $115M | $92M | 12.1% | 40.5% |
| Gross Margin | 82.2% | 78.9% | 83.0% | 3.2pp | -0.8pp |
| Net Margin | 21.4% | 19.7% | 16.7% | 1.7pp | 4.8pp |
| EPS (Diluted) | $0.42 | $0.38 | $0.28 | 9.6% | 46.2% |
| Free Cash Flow | $75M | $19M | $31M | 301.4% | 145.4% |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $418M |
| R&D Expenses | $18M |
| Selling & Marketing | $77M |
| General & Administrative | $16M |
| SG&A Expenses | $93M |
| Other Expenses | $177M |
| Operating Expenses | $289M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $3M |
| EBIT | $129M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $418M |
| R&D Expenses | $18M |
| Selling & Marketing | $77M |
| General & Administrative | $16M |
| SG&A Expenses | $93M |
| Other Expenses | $177M |
| Operating Expenses | $289M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $3M |
| EBIT | $129M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$173M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | $81M |
| NET CASH FROM INVESTING | $53M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $790M |
| Short-Term Investments | $446M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $295M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $96M |
| Goodwill | $7M |
| Intangible Assets | $22M |
| Long-Term Investments | $167M |
| Tax Assets | $408M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $878M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $202M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $738M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | $438M |
| TOTAL NON-CURRENT LIABILITIES | $523M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $855M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$259M |
| Accum. Other Comp. Income | $136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $50M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $9M |
| Net Debt | -$781M |
