| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $636M | $565M | $603M | 12.6% | 5.5% |
| Op. Income | $223M | $116M | $180M | 93.4% | 24.5% |
| Gross Margin | 83.3% | 80.2% | 81.8% | 3.1pp | 1.6pp |
| Net Margin | 25.6% | 14.6% | 19.0% | 11.0pp | 6.6pp |
| EPS (Diluted) | $1.35 | $0.68 | $0.95 | 98.5% | 42.1% |
| Free Cash Flow | $279M | $236M | $247M | 18.2% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $530M |
| R&D Expenses | $111M |
| Selling & Marketing | $125M |
| General & Administrative | $55M |
| SG&A Expenses | $180M |
| Other Expenses | $16M |
| Operating Expenses | $307M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $223M |
| Interest Income | $800.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $34M |
| EBIT | $225M |
| EBITDA | $259M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $530M |
| R&D Expenses | $111M |
| Selling & Marketing | $125M |
| General & Administrative | $55M |
| SG&A Expenses | $180M |
| Other Expenses | $16M |
| Operating Expenses | $307M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $223M |
| Interest Income | $800.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $34M |
| EBIT | $225M |
| EBITDA | $259M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $281M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$155M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$227M |
| FREE CASH FLOW | $279M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $235M |
| Short-Term Investments | $0 |
| Net Receivables | $717M |
| Inventory | $0 |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $196M |
| Goodwill | $3.4B |
| Intangible Assets | $856M |
| Long-Term Investments | $10M |
| Tax Assets | $186M |
| Other Non-Current Assets | $337M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $9M |
| Short-Term Debt | $25M |
| Deferred Revenue | $787M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
