| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $222M | — | $206M | — | 7.6% |
| Op. Income | $94M | — | $76M | — | 24.2% |
| Gross Margin | 57.2% | — | 50.7% | — | 6.5pp |
| Net Margin | 29.8% | — | 26.2% | — | 3.6pp |
| EPS (Diluted) | $5.18 | — | $4.24 | — | 22.2% |
| Free Cash Flow | $145M | — | -$28M | — | 618.5% |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $5M |
| EBIT | $98M |
| EBITDA | $103M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $5M |
| EBIT | $98M |
| EBITDA | $103M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$56.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$522.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$1M |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | $53M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $781.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $193M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $947M |
| Short-Term Investments | $358M |
| Net Receivables | $513M |
| Inventory | $0 |
| Other Current Assets | -$1.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $671M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$710M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$106M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$18M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $299M |
| Retained Earnings | $459M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $759M |
| Minority Interest | $29M |
| TOTAL EQUITY | $787M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $17M |
| Net Debt | -$930M |
