| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $3.0B | 1.5% | 2.0% |
| Op. Income | $638M | $653M | $586M | -2.3% | 8.9% |
| Gross Margin | 60.6% | 60.5% | 57.4% | 0.1pp | 3.2pp |
| Net Margin | 17.7% | 17.7% | 16.0% | 0.0pp | 1.7pp |
| EPS (Diluted) | $0.34 | $0.34 | $0.30 | 0.0% | 13.3% |
| Free Cash Flow | $500M | $459M | $245M | 8.9% | 104.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $742M |
| SG&A Expenses | $770M |
| Other Expenses | $427M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $638M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $638M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $536M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509M |
| D&A | $13M |
| EBIT | $638M |
| EBITDA | $651M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $742M |
| SG&A Expenses | $770M |
| Other Expenses | $427M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $638M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $638M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $536M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509M |
| D&A | $13M |
| EBIT | $638M |
| EBITDA | $651M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $542M |
| Depreciation & Amortization | $188M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$148M |
| Other Non-Cash Items | $140M |
| Change in Working Capital | -$200M |
| OPERATING CASH FLOW | $554M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$2.5B |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | -$766M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$227M |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | $500M |
| Net Change in Cash | -$5.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9B |
| Short-Term Investments | $4.1B |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $5.6B |
| Intangible Assets | $647M |
| Long-Term Investments | $168.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.0B |
| TOTAL NON-CURRENT ASSETS | $185.6B |
| TOTAL ASSETS | $207.7B |
| Account Payables | $0 |
| Short-Term Debt | $576M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163.4B |
| TOTAL CURRENT LIABILITIES | $164.0B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $22.8B |
| TOTAL LIABILITIES | $186.8B |
| Common Stock | $15M |
| Additional Paid-In Capital | $15.5B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$87M |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.9B |
| Minority Interest | $42M |
| TOTAL EQUITY | $21.0B |
| TOTAL LIABILITIES & EQUITY | $207.7B |
| Total Debt | $18.0B |
| Net Debt | $7.1B |
