| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | 0.6% | 7.4% |
| Op. Income | $207M | $218M | $177M | -5.0% | 16.9% |
| Gross Margin | 62.3% | 63.2% | 62.7% | -0.8pp | -0.4pp |
| Net Margin | 19.7% | 13.0% | 10.4% | 6.7pp | 9.3pp |
| EPS (Diluted) | $1.49 | $0.97 | $0.72 | 53.6% | 106.9% |
| Free Cash Flow | $457M | $346M | $74M | 32.1% | 517.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $814M |
| R&D Expenses | $250M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | -$3M |
| Operating Expenses | $607M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $207M |
| Interest Income | $21M |
| Interest Expense | $20M |
| Other Income/Expenses | $113M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $68M |
| EBIT | $340M |
| EBITDA | $408M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $814M |
| R&D Expenses | $250M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | -$3M |
| Operating Expenses | $607M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $207M |
| Interest Income | $21M |
| Interest Expense | $20M |
| Other Income/Expenses | $113M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $68M |
| EBIT | $340M |
| EBITDA | $408M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $257M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $125M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $741M |
| Common Stock Repurchased | -$153M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $589M |
| FREE CASH FLOW | $457M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $0 |
| Net Receivables | $856M |
| Inventory | $1.0B |
| Other Current Assets | $163M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $995M |
| Goodwill | $2.4B |
| Intangible Assets | $556M |
| Long-Term Investments | $138M |
| Tax Assets | $379M |
| Other Non-Current Assets | $568M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $317M |
| Short-Term Debt | $0 |
| Deferred Revenue | $612M |
| Other Current Liabilities | $319M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $218M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $507M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$293M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $2.8B |
| Net Debt | -$353M |
