| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.2B | 3.4% | -1.8% |
| Op. Income | $365M | $387M | $471M | -5.7% | -22.5% |
| Gross Margin | 46.8% | 46.6% | 48.8% | 0.2pp | -2.0pp |
| Net Margin | 9.6% | 9.9% | 14.0% | -0.3pp | -4.4pp |
| EPS (Diluted) | $0.57 | $0.59 | $0.74 | -3.4% | -23.0% |
| Free Cash Flow | $401M | $53M | $316M | 656.6% | 26.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $56M |
| Selling & Marketing | $185M |
| General & Administrative | $166M |
| SG&A Expenses | $351M |
| Other Expenses | $228M |
| Operating Expenses | $635M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $365M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $131M |
| EBIT | $380M |
| EBITDA | $511M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $56M |
| Selling & Marketing | $185M |
| General & Administrative | $166M |
| SG&A Expenses | $351M |
| Other Expenses | $228M |
| Operating Expenses | $635M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $365M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $131M |
| EBIT | $380M |
| EBITDA | $511M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $131M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $130M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $546M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | -$276M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$92M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$419M |
| FREE CASH FLOW | $401M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $662M |
| Inventory | $0 |
| Other Current Assets | $291M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $2.1B |
| Goodwill | $12.4B |
| Intangible Assets | $10.1B |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $616M |
| TOTAL NON-CURRENT ASSETS | $26.3B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $1.2B |
| Short-Term Debt | $61M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $146M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.4B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.3B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $10.2B |
| Net Debt | $10.1B |
