| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $582M | $572M | 4.0% | 5.8% |
| Op. Income | $125M | $114M | $109M | 9.6% | 15.3% |
| Gross Margin | 61.9% | 60.2% | 61.1% | 1.7pp | 0.8pp |
| Net Margin | 14.7% | 13.5% | 12.1% | 1.2pp | 2.6pp |
| EPS (Diluted) | $2.09 | $1.82 | $1.60 | 14.8% | 30.6% |
| Free Cash Flow | $62M | $59M | $121M | 6.1% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $120M |
| General & Administrative | $82M |
| SG&A Expenses | $202M |
| Other Expenses | $48M |
| Operating Expenses | $249M |
| Cost & Expenses | $480M |
| OPERATING INCOME | $125M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $49M |
| EBIT | $127M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $120M |
| General & Administrative | $82M |
| SG&A Expenses | $202M |
| Other Expenses | $48M |
| Operating Expenses | $249M |
| Cost & Expenses | $480M |
| OPERATING INCOME | $125M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $49M |
| EBIT | $127M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | -$47M |
| Stock-Based Compensation | -$9M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$600.0K |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | -$5M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$112M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $504M |
| Short-Term Investments | $38M |
| Net Receivables | $402M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $390M |
| Goodwill | $1.6B |
| Intangible Assets | $413M |
| Long-Term Investments | $77M |
| Tax Assets | $52M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $90M |
| Short-Term Debt | $0 |
| Deferred Revenue | $594M |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $921M |
| Long-Term Debt | $839M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $853M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.0B |
| Net Debt | $531M |
