| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 3.3% | 6.6% |
| Op. Income | $179M | $184M | $170M | -2.3% | 5.4% |
| Gross Margin | 35.9% | 35.3% | 35.4% | 0.6pp | 0.5pp |
| Net Margin | 10.6% | 10.8% | 10.4% | -0.2pp | 0.2pp |
| EPS (Diluted) | $0.75 | $0.73 | $0.67 | 2.7% | 11.9% |
| Free Cash Flow | $153M | $18M | $189M | 755.5% | -19.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $804M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $266M |
| Other Expenses | $4M |
| Operating Expenses | $271M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $179M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $22M |
| EBIT | $195M |
| EBITDA | $216M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $804M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $266M |
| Other Expenses | $4M |
| Operating Expenses | $271M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $179M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $22M |
| EBIT | $195M |
| EBITDA | $216M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$81M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | $76M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$132.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $153M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $663M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $414M |
| Goodwill | $1.8B |
| Intangible Assets | $77M |
| Long-Term Investments | $207M |
| Tax Assets | $244M |
| Other Non-Current Assets | $435M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $44M |
| Short-Term Debt | $461M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $399M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $833M |
| Deferred Revenue NC | $118M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$727M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.5B |
| Net Debt | $868M |
