| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $306M | $292M | 0.3% | 5.2% |
| Op. Income | $54M | $50M | -$20M | 6.8% | 368.5% |
| Gross Margin | 83.9% | 84.5% | 84.3% | -0.7pp | -0.4pp |
| Net Margin | 7.8% | 8.8% | -8.4% | -0.9pp | 16.2pp |
| EPS (Diluted) | $0.07 | $0.08 | $-0.07 | -12.5% | 204.6% |
| Free Cash Flow | $87M | $104M | $115M | -16.8% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $257M |
| R&D Expenses | $45M |
| Selling & Marketing | $106M |
| General & Administrative | $47M |
| SG&A Expenses | $154M |
| Other Expenses | $5M |
| Operating Expenses | $204M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $21M |
| EBIT | $68M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $257M |
| R&D Expenses | $45M |
| Selling & Marketing | $106M |
| General & Administrative | $47M |
| SG&A Expenses | $154M |
| Other Expenses | $5M |
| Operating Expenses | $204M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $21M |
| EBIT | $68M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $99M |
| Common Stock Repurchased | -$149M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $6M |
| Net Receivables | $201M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $439M |
| PP&E (Net) | $268M |
| Goodwill | $1.7B |
| Intangible Assets | $246M |
| Long-Term Investments | $0 |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $16M |
| Short-Term Debt | $6M |
| Deferred Revenue | $469M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $619M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $363M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
