| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | $263M | $265M | 3.7% | 2.7% |
| Op. Income | $74M | $63M | $68M | 16.8% | 8.2% |
| Gross Margin | 56.8% | 56.4% | 54.2% | 0.4pp | 2.6pp |
| Net Margin | 20.8% | 20.0% | 19.9% | 0.8pp | 1.0pp |
| EPS (Diluted) | $0.93 | $0.85 | $0.85 | 9.4% | 9.4% |
| Free Cash Flow | $70M | $74M | $71M | -5.8% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $155M |
| R&D Expenses | $35M |
| Selling & Marketing | $20M |
| General & Administrative | $26M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $715.0K |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $2M |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $155M |
| R&D Expenses | $35M |
| Selling & Marketing | $20M |
| General & Administrative | $26M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $715.0K |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $2M |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $328.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $0 |
| Net Receivables | $210M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $483M |
| PP&E (Net) | $63M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $99M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $261M |
| TOTAL ASSETS | $745M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $300M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $407M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $466M |
| Common Stock | $604.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $304M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $279M |
| Minority Interest | $0 |
| TOTAL EQUITY | $279M |
| TOTAL LIABILITIES & EQUITY | $745M |
| Total Debt | $49M |
| Net Debt | -$182M |
