| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | -0.1% | 4.7% |
| Op. Income | $538M | $547M | $506M | -1.6% | 6.3% |
| Gross Margin | 71.2% | 71.2% | 71.1% | 0.0pp | 0.2pp |
| Net Margin | 31.4% | 32.4% | 31.2% | -1.0pp | 0.2pp |
| EPS (Diluted) | $1.14 | $1.18 | $1.08 | -3.4% | 5.6% |
| Free Cash Flow | $248M | $511M | $271M | -51.4% | -8.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $379M |
| GROSS PROFIT | $938M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | $0 |
| Operating Expenses | $400M |
| Cost & Expenses | $779M |
| OPERATING INCOME | $538M |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $544M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413M |
| D&A | $42M |
| EBIT | $553M |
| EBITDA | $595M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $379M |
| GROSS PROFIT | $938M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | $0 |
| Operating Expenses | $400M |
| Cost & Expenses | $779M |
| OPERATING INCOME | $538M |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $544M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413M |
| D&A | $42M |
| EBIT | $553M |
| EBITDA | $595M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $413M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$161M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $295M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.1B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | -$203M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | -$353M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | -$291M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | -$189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $38M |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $478M |
| Goodwill | $1.9B |
| Intangible Assets | $180M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $587M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $89M |
| Short-Term Debt | $18M |
| Deferred Revenue | $51M |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $799M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $360M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $863M |
| Net Debt | -$339M |
