| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $864M | $831M | $864M | 3.9% | -0.0% |
| Op. Income | $194M | $173M | $205M | 12.4% | -5.2% |
| Gross Margin | 72.0% | 71.5% | 71.6% | 0.5pp | 0.3pp |
| Net Margin | 14.5% | 14.1% | 15.4% | 0.4pp | -0.9pp |
| EPS (Diluted) | $0.49 | $0.44 | $0.50 | 11.4% | -2.0% |
| Free Cash Flow | $231M | $178M | $116M | 30.0% | 98.6% |
| Item | Amount |
|---|---|
| REVENUE | $864M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $622M |
| R&D Expenses | $115M |
| Selling & Marketing | $148M |
| General & Administrative | $137M |
| SG&A Expenses | $285M |
| Other Expenses | $29M |
| Operating Expenses | $428M |
| Cost & Expenses | $670M |
| OPERATING INCOME | $194M |
| Interest Income | $2M |
| Interest Expense | $32M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $29M |
| EBIT | $190M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $864M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $622M |
| R&D Expenses | $115M |
| Selling & Marketing | $148M |
| General & Administrative | $137M |
| SG&A Expenses | $285M |
| Other Expenses | $29M |
| Operating Expenses | $428M |
| Cost & Expenses | $670M |
| OPERATING INCOME | $194M |
| Interest Income | $2M |
| Interest Expense | $32M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $29M |
| EBIT | $190M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$231M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$292M |
| FREE CASH FLOW | $231M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $5M |
| Net Receivables | $342M |
| Inventory | $0 |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $770M |
| PP&E (Net) | $154M |
| Goodwill | $2.3B |
| Intangible Assets | $208M |
| Long-Term Investments | $0 |
| Tax Assets | $271M |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $19M |
| Short-Term Debt | $573M |
| Deferred Revenue | $162M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $298.0K |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$6.3B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$401M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$231M |
| Minority Interest | $105.0K |
| TOTAL EQUITY | -$231M |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $3.4B |
| Net Debt | $3.1B |
