| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.7B | $4.7B | 3.8% | 3.7% |
| Op. Income | $1.0B | $994M | $1.0B | 3.9% | 3.3% |
| Gross Margin | 30.5% | 30.9% | 30.7% | -0.3pp | -0.1pp |
| Net Margin | 15.9% | 16.2% | 15.9% | -0.3pp | -0.0pp |
| EPS (Diluted) | $0.19 | $0.18 | $0.18 | 5.6% | 5.6% |
| Free Cash Flow | $866M | $1.1B | $697M | -20.8% | 24.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $221M |
| General & Administrative | $209M |
| SG&A Expenses | $430M |
| Other Expenses | $31M |
| Operating Expenses | $461M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $72M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $327M |
| Net Income from Continuing Ops | $778M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $777M |
| Net Income Deductions | $387.7K |
| BOTTOM LINE NET INCOME | $777M |
| D&A | $91M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $221M |
| General & Administrative | $209M |
| SG&A Expenses | $430M |
| Other Expenses | $31M |
| Operating Expenses | $461M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $72M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $327M |
| Net Income from Continuing Ops | $778M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $777M |
| Net Income Deductions | $387.7K |
| BOTTOM LINE NET INCOME | $777M |
| D&A | $91M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $777M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $94M |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $927M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$363M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$315.0K |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $866M |
| Net Change in Cash | -$763M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $887M |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $10.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $1.2B |
| Intangible Assets | $388M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $458M |
| Short-Term Debt | $0 |
| Deferred Revenue | $860M |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $463M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $247M |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $8.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $49M |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $756M |
| Net Debt | -$1.8B |
