| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $317M | $301M | 5.8% | 11.3% |
| Op. Income | $65M | $63M | $54M | 2.7% | 20.2% |
| Gross Margin | 64.0% | 66.0% | 63.2% | -2.0pp | 0.8pp |
| Net Margin | 15.7% | 17.2% | 14.8% | -1.5pp | 0.9pp |
| EPS (Diluted) | $0.45 | $0.48 | $0.39 | -6.2% | 15.4% |
| Free Cash Flow | $80M | $47M | $51M | 70.0% | 55.3% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $102M |
| SG&A Expenses | $107M |
| Other Expenses | $43M |
| Operating Expenses | $149M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $65M |
| Interest Income | $308M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $11M |
| EBIT | $65M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $102M |
| SG&A Expenses | $107M |
| Other Expenses | $43M |
| Operating Expenses | $149M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $65M |
| Interest Income | $308M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $11M |
| EBIT | $65M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$3.0K |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $26M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $404M |
| Other Investing Activities | -$239M |
| NET CASH FROM INVESTING | $156M |
| Net Debt Issuance | -$314M |
| Common Stock Repurchased | -$45.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$308M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $916M |
| Short-Term Investments | $3.9B |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $483M |
| Goodwill | $1.1B |
| Intangible Assets | $65M |
| Long-Term Investments | $21.8B |
| Tax Assets | $115M |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $24.1B |
| TOTAL ASSETS | $29.0B |
| Account Payables | $28M |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.6B |
| TOTAL CURRENT LIABILITIES | $23.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $25.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $29.0B |
| Total Debt | $3.5B |
| Net Debt | $2.6B |
