| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $793M | $805M | $791M | -1.4% | 0.3% |
| Op. Income | $234M | $221M | $273M | 6.0% | -14.0% |
| Gross Margin | 41.6% | 40.5% | 45.4% | 1.2pp | -3.8pp |
| Net Margin | 22.5% | 21.0% | 0.1% | 1.5pp | 22.3pp |
| EPS (Diluted) | $5.40 | $5.05 | $0.03 | 6.9% | 17152.4% |
| Free Cash Flow | $159M | $189M | $169M | -15.7% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $793M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $96M |
| Operating Expenses | $96M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $5M |
| EBIT | $240M |
| EBITDA | $246M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $793M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $96M |
| Operating Expenses | $96M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $5M |
| EBIT | $240M |
| EBITDA | $246M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$54M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$136M |
| Sales/Maturities of Investments | $138M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$69.0K |
| Common Stock Repurchased | -$133M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $621M |
| Short-Term Investments | $1.1B |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | -$4.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.8B |
| Account Payables | $508M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$573M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $326.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
