| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $664M | $659M | $581M | 0.8% | 14.3% |
| Op. Income | $129M | $121M | $105M | 6.1% | 22.2% |
| Gross Margin | 66.2% | 66.2% | 67.4% | -0.1pp | -1.2pp |
| Net Margin | 17.4% | 16.1% | 15.0% | 1.3pp | 2.4pp |
| EPS (Diluted) | $1.76 | $1.60 | $1.31 | 10.0% | 34.4% |
| Free Cash Flow | $148M | $228M | $46M | -35.1% | 219.9% |
| Item | Amount |
|---|---|
| REVENUE | $664M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $440M |
| R&D Expenses | $87M |
| Selling & Marketing | $158M |
| General & Administrative | $67M |
| SG&A Expenses | $224M |
| Other Expenses | $0 |
| Operating Expenses | $311M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $129M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $52M |
| EBIT | $144M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $664M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $440M |
| R&D Expenses | $87M |
| Selling & Marketing | $158M |
| General & Administrative | $67M |
| SG&A Expenses | $224M |
| Other Expenses | $0 |
| Operating Expenses | $311M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $129M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $52M |
| EBIT | $144M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$127.0K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$146M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $520.0K |
| NET CASH FROM FINANCING | -$146M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $740M |
| Short-Term Investments | $764M |
| Net Receivables | $580M |
| Inventory | $0 |
| Other Current Assets | $217M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $281M |
| Goodwill | $1.8B |
| Intangible Assets | $245M |
| Long-Term Investments | $0 |
| Tax Assets | $190M |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $342M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $938M |
| Long-Term Debt | $458M |
| Deferred Revenue NC | $61M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $647M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $568M |
| Net Debt | -$172M |
