| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $207M | $207M | 1.7% | 1.8% |
| Op. Income | $66M | $59M | $71M | 10.8% | -7.6% |
| Gross Margin | 69.5% | 68.2% | 72.9% | 1.4pp | -3.4pp |
| Net Margin | 24.6% | 22.0% | 24.8% | 2.6pp | -0.1pp |
| EPS (Diluted) | $1.15 | $1.00 | $1.08 | 15.0% | 6.5% |
| Free Cash Flow | $32M | $79M | $90M | -59.6% | -64.8% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $35M |
| Operating Expenses | $80M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $66M |
| Interest Income | $194M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $6M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $35M |
| Operating Expenses | $80M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $66M |
| Interest Income | $194M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $6M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $95M |
| Other Investing Activities | -$349M |
| NET CASH FROM INVESTING | -$309M |
| Net Debt Issuance | $227M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $208M |
| NET CASH FROM FINANCING | $414M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $852M |
| Short-Term Investments | $2.4B |
| Net Receivables | $167M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $119M |
| Goodwill | $84M |
| Intangible Assets | $12M |
| Long-Term Investments | $8.0B |
| Tax Assets | $7M |
| Other Non-Current Assets | $452M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $0 |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $725M |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $60M |
| Additional Paid-In Capital | $640M |
| Retained Earnings | $833M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | $130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $531M |
| Net Debt | -$321M |
