| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.6B | 9.9% | 5.7% |
| Op. Income | $327M | $278M | $319M | 17.6% | 2.6% |
| Gross Margin | 68.5% | 69.0% | 67.8% | -0.6pp | 0.7pp |
| Net Margin | 14.3% | 13.7% | 14.4% | 0.5pp | -0.1pp |
| EPS (Diluted) | $3.11 | $2.71 | $2.93 | 14.8% | 6.1% |
| Free Cash Flow | $347M | $288M | $341M | 20.6% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $532M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $777M |
| Other Expenses | $51M |
| Operating Expenses | $828M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $318M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $51M |
| EBIT | $330M |
| EBITDA | $380M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $532M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $777M |
| Other Expenses | $51M |
| Operating Expenses | $828M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $318M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $51M |
| EBIT | $330M |
| EBITDA | $380M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $241M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $384M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$274M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$267M |
| FREE CASH FLOW | $347M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $513M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $492M |
| Goodwill | $2.9B |
| Intangible Assets | $376M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $548M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $812M |
| Short-Term Debt | $90M |
| Deferred Revenue | $2.7B |
| Other Current Liabilities | $177.0K |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $429M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.9B |
| Net Debt | $665M |
