| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.8B | -1.4% | 4.5% |
| Op. Income | $843M | $882M | $791M | -4.4% | 6.6% |
| Gross Margin | 67.7% | 68.7% | 68.1% | -1.1pp | -0.4pp |
| Net Margin | 30.5% | 32.5% | 30.4% | -2.0pp | 0.1pp |
| EPS (Diluted) | $3.20 | $3.46 | $3.02 | -7.5% | 6.0% |
| Free Cash Flow | $468M | $672M | $593M | -30.4% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $614M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $441M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $843M |
| Interest Income | $13M |
| Interest Expense | $47M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $578M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $578M |
| D&A | $120M |
| EBIT | $819M |
| EBITDA | $939M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $614M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $441M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $843M |
| Interest Income | $13M |
| Interest Expense | $47M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $578M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $578M |
| D&A | $120M |
| EBIT | $819M |
| EBITDA | $939M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $578M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$221M |
| OPERATING CASH FLOW | $543M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$319M |
| Common Dividends Paid | -$171M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$482M |
| FREE CASH FLOW | $468M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $116M |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $915M |
| Goodwill | $6.5B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $615M |
| Tax Assets | $318M |
| Other Non-Current Assets | $668M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $355M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $16.9B |
| Treasury Stock | -$14.0B |
| Accum. Other Comp. Income | -$519M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $159M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $7.3B |
| Net Debt | $5.1B |
