| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | 1.5% | 1.6% |
| Op. Income | $214M | $63M | $227M | 237.4% | -5.8% |
| Gross Margin | 85.4% | 84.5% | 82.7% | 0.9pp | 2.7pp |
| Net Margin | 10.5% | 3.6% | 11.4% | 6.9pp | -0.9pp |
| EPS (Diluted) | $1.34 | $0.39 | $1.41 | 243.6% | -5.0% |
| Free Cash Flow | $593M | -$228M | $443M | 360.2% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $215M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $775M |
| SG&A Expenses | $775M |
| Other Expenses | $270M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $214M |
| Interest Income | $477M |
| Interest Expense | $207M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $21M |
| EBIT | $214M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $215M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $775M |
| SG&A Expenses | $775M |
| Other Expenses | $270M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $214M |
| Interest Income | $477M |
| Interest Expense | $207M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $21M |
| EBIT | $214M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $395M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $607M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$73M |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $307M |
| Other Investing Activities | -$535M |
| NET CASH FROM INVESTING | -$414M |
| Net Debt Issuance | -$972M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | $87M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $593M |
| Net Change in Cash | -$828M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $54M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.0B |
| Goodwill | $1.5B |
| Intangible Assets | $115M |
| Long-Term Investments | $31.7B |
| Tax Assets | $185M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $39.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.1B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $677M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $701M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $34.3B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $39.9B |
| Total Debt | $3.1B |
| Net Debt | $893M |
