| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $373M | $394M | 1.4% | -4.1% |
| Op. Income | $88M | $102M | $103M | -13.8% | -14.4% |
| Gross Margin | 63.8% | 63.8% | 64.9% | -0.0pp | -1.2pp |
| Net Margin | 20.8% | 19.6% | 15.8% | 1.3pp | 5.1pp |
| EPS (Diluted) | $1.12 | $1.02 | $0.88 | 9.8% | 27.3% |
| Free Cash Flow | $74M | $99M | $74M | -25.4% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $241M |
| R&D Expenses | $45M |
| Selling & Marketing | $41M |
| General & Administrative | $67M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $88M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $13M |
| EBIT | $109M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $241M |
| R&D Expenses | $45M |
| Selling & Marketing | $41M |
| General & Administrative | $67M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $88M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $13M |
| EBIT | $109M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$232M |
| Net Debt Issuance | -$63.0K |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$243M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $696M |
| Short-Term Investments | $0 |
| Net Receivables | $337M |
| Inventory | $62M |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $158M |
| Goodwill | $177M |
| Intangible Assets | $360M |
| Long-Term Investments | $45M |
| Tax Assets | $138M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $914M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $41M |
| Short-Term Debt | $796.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $567M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $669M |
| TOTAL LIABILITIES | $949M |
| Common Stock | $717.0K |
| Additional Paid-In Capital | $845M |
| Retained Earnings | $598M |
| Treasury Stock | -$275M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $615M |
| Net Debt | -$80M |
