| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $354M | $351M | $369M | 0.9% | -4.1% |
| Op. Income | $64M | $38M | $47M | 66.6% | 36.1% |
| Gross Margin | 56.2% | 51.2% | 49.5% | 5.0pp | 6.7pp |
| Net Margin | 15.5% | 9.2% | 11.0% | 6.2pp | 4.4pp |
| EPS (Diluted) | $0.43 | $0.26 | $0.32 | 65.4% | 34.4% |
| Free Cash Flow | $66M | $23M | $73M | 192.8% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $79M |
| SG&A Expenses | $85M |
| Other Expenses | $50M |
| Operating Expenses | $135M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $64M |
| Interest Income | $315M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $10M |
| EBIT | $64M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $79M |
| SG&A Expenses | $85M |
| Other Expenses | $50M |
| Operating Expenses | $135M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $64M |
| Interest Income | $315M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $10M |
| EBIT | $64M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | -$251M |
| Common Stock Repurchased | -$407.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $122M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $645M |
| Short-Term Investments | $2.4B |
| Net Receivables | $120M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $573M |
| Goodwill | $1.3B |
| Intangible Assets | $91M |
| Long-Term Investments | $20.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $23.5B |
| TOTAL ASSETS | $26.7B |
| Account Payables | $0 |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.8B |
| TOTAL CURRENT LIABILITIES | $21.9B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $287M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $23.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$381M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $26.7B |
| Total Debt | $1.0B |
| Net Debt | $387M |
