| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $264M | $229M | 1.0% | 16.5% |
| Op. Income | $63M | $42M | $43M | 48.7% | 47.7% |
| Gross Margin | 53.7% | 50.2% | 51.7% | 3.6pp | 2.0pp |
| Net Margin | 24.0% | 18.5% | 20.5% | 5.5pp | 3.6pp |
| EPS (Diluted) | $1.30 | $0.98 | $0.94 | 32.7% | 38.3% |
| Free Cash Flow | $84M | $51M | $50M | 63.0% | 67.0% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $143M |
| R&D Expenses | $28M |
| Selling & Marketing | $20M |
| General & Administrative | $24M |
| SG&A Expenses | $44M |
| Other Expenses | $8M |
| Operating Expenses | $80M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $63M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $63M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $143M |
| R&D Expenses | $28M |
| Selling & Marketing | $20M |
| General & Administrative | $24M |
| SG&A Expenses | $44M |
| Other Expenses | $8M |
| Operating Expenses | $80M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $63M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $63M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$57.0K |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $647M |
| Net Receivables | $292M |
| Inventory | $293M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $141M |
| Goodwill | $330M |
| Intangible Assets | $119M |
| Long-Term Investments | $8M |
| Tax Assets | $47M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $646M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $47M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $4.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $195M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $671M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $15M |
| Net Debt | -$189M |
