| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $808M | $658M | $695M | 22.9% | 16.2% |
| Op. Income | $93M | $55M | $64M | 70.4% | 46.3% |
| Gross Margin | 35.7% | 34.6% | 34.9% | 1.2pp | 0.8pp |
| Net Margin | 6.9% | 9.2% | 7.2% | -2.3pp | -0.3pp |
| EPS (Diluted) | $0.52 | $0.56 | $0.49 | -7.1% | 6.1% |
| Free Cash Flow | $38M | -$231M | $170M | 116.4% | -77.6% |
| Item | Amount |
|---|---|
| REVENUE | $808M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $88M |
| SG&A Expenses | $118M |
| Other Expenses | $78M |
| Operating Expenses | $196M |
| Cost & Expenses | $715M |
| OPERATING INCOME | $93M |
| Interest Income | $9M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $9M |
| EBIT | $114M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $808M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $88M |
| SG&A Expenses | $118M |
| Other Expenses | $78M |
| Operating Expenses | $196M |
| Cost & Expenses | $715M |
| OPERATING INCOME | $93M |
| Interest Income | $9M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $9M |
| EBIT | $114M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $151M |
| Change in Working Capital | -$180M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $978M |
| Short-Term Investments | $237M |
| Net Receivables | $755M |
| Inventory | $0 |
| Other Current Assets | -$237M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $443M |
| Goodwill | $395M |
| Intangible Assets | $0 |
| Long-Term Investments | $608M |
| Tax Assets | $492M |
| Other Non-Current Assets | -$608M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $476M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $644.0K |
| Other Non-Current Liabilities | $940M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | -$692M |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$269M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $742M |
| Minority Interest | $128M |
| TOTAL EQUITY | $870M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.2B |
| Net Debt | $1.2B |
