| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $674M | $647M | $645M | 4.1% | 4.5% |
| Op. Income | $166M | $147M | $157M | 12.7% | 5.7% |
| Gross Margin | 61.3% | 60.9% | 59.5% | 0.4pp | 1.7pp |
| Net Margin | 19.3% | 18.0% | 19.1% | 1.3pp | 0.2pp |
| EPS (Diluted) | $0.36 | $0.32 | $0.34 | 12.5% | 5.9% |
| Free Cash Flow | $85M | $43M | $55M | 97.7% | 54.5% |
| Item | Amount |
|---|---|
| REVENUE | $674M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $139M |
| SG&A Expenses | $144M |
| Other Expenses | $103M |
| Operating Expenses | $247M |
| Cost & Expenses | $508M |
| OPERATING INCOME | $166M |
| Interest Income | $583M |
| Interest Expense | $235M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $19M |
| EBIT | $166M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $674M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $139M |
| SG&A Expenses | $144M |
| Other Expenses | $103M |
| Operating Expenses | $247M |
| Cost & Expenses | $508M |
| OPERATING INCOME | $166M |
| Interest Income | $583M |
| Interest Expense | $235M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $19M |
| EBIT | $166M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$465M |
| Sales/Maturities of Investments | $305M |
| Other Investing Activities | -$483M |
| NET CASH FROM INVESTING | -$681M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $508M |
| NET CASH FROM FINANCING | $540M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.1B |
| Net Receivables | $751M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $557M |
| Goodwill | $2.5B |
| Intangible Assets | $44M |
| Long-Term Investments | $38.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $43.4B |
| TOTAL ASSETS | $49.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.7B |
| TOTAL CURRENT LIABILITIES | $39.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $885M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $43.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$191M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $49.7B |
| Total Debt | $4.6B |
| Net Debt | $2.1B |
