| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 4.7% | 10.3% |
| Op. Income | $417M | $387M | $275M | 7.7% | 51.7% |
| Gross Margin | 58.6% | 58.6% | 57.6% | 0.0pp | 1.0pp |
| Net Margin | 26.9% | 25.4% | 18.0% | 1.5pp | 8.9pp |
| EPS (Diluted) | $2.34 | $2.11 | $1.42 | 10.9% | 64.8% |
| Free Cash Flow | $290M | $306M | $249M | -5.3% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $531M |
| GROSS PROFIT | $751M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $11M |
| Operating Expenses | $334M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $417M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $345M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $345M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $345M |
| D&A | $56M |
| EBIT | $423M |
| EBITDA | $479M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $531M |
| GROSS PROFIT | $751M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $11M |
| Operating Expenses | $334M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $417M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $345M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $345M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $345M |
| D&A | $56M |
| EBIT | $423M |
| EBITDA | $479M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $345M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$670.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | -$23M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | $290M |
| Net Change in Cash | $96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $522M |
| Short-Term Investments | $0 |
| Net Receivables | $960M |
| Inventory | $882M |
| Other Current Assets | $197M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $671M |
| Goodwill | $2.8B |
| Intangible Assets | $438M |
| Long-Term Investments | $169M |
| Tax Assets | $209M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $220M |
| Short-Term Debt | $10M |
| Deferred Revenue | $157M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $852M |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $147M |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $760.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$299M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $840M |
| Net Debt | $318M |
