| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $551M | $557M | $512M | -1.0% | 7.8% |
| Op. Income | $157M | $146M | $126M | 7.9% | 24.8% |
| Gross Margin | 79.0% | 53.4% | 51.5% | 25.5pp | 27.5pp |
| Net Margin | 27.5% | 28.0% | 25.7% | -0.5pp | 1.8pp |
| EPS (Diluted) | $1.17 | $1.19 | $0.99 | -1.7% | 18.2% |
| Free Cash Flow | $130M | $184M | $93M | -29.2% | 40.4% |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $435M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | -$217M |
| Operating Expenses | $278M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $157M |
| Interest Income | $10M |
| Interest Expense | $185.0K |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | -$493.0K |
| EBIT | $158M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $435M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | -$217M |
| Operating Expenses | $278M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $157M |
| Interest Income | $10M |
| Interest Expense | $185.0K |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | -$493.0K |
| EBIT | $158M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$566.0K |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$204M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$242M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $711M |
| Short-Term Investments | $31M |
| Net Receivables | $651M |
| Inventory | $0 |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $184M |
| Goodwill | $168M |
| Intangible Assets | $302M |
| Long-Term Investments | $278M |
| Tax Assets | $55M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $737M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $28M |
| Net Debt | -$682M |
