| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | — | 2.6% | — |
| Op. Income | $161M | $153M | — | 4.8% | — |
| Gross Margin | 43.8% | 43.1% | — | 0.7pp | — |
| Net Margin | 13.0% | 13.0% | — | 0.0pp | — |
| EPS (Diluted) | $0.95 | $0.92 | — | 3.3% | — |
| Free Cash Flow | $151M | $161M | — | -6.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $489M |
| R&D Expenses | $76M |
| Selling & Marketing | $202M |
| General & Administrative | $44M |
| SG&A Expenses | $245M |
| Other Expenses | $6M |
| Operating Expenses | $328M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $161M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $20M |
| EBIT | $162M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $489M |
| R&D Expenses | $76M |
| Selling & Marketing | $202M |
| General & Administrative | $44M |
| SG&A Expenses | $245M |
| Other Expenses | $6M |
| Operating Expenses | $328M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $161M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $20M |
| EBIT | $162M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $494.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$96.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$132M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$198M |
| NET CASH FROM FINANCING | -$330M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $697M |
| Inventory | $520M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $191M |
| Goodwill | $464M |
| Intangible Assets | $35M |
| Long-Term Investments | $60M |
| Tax Assets | $227M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $985M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $555M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $744.0K |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $330M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $30M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $95M |
| Net Debt | -$1.3B |
