| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | 1.5% | 5.9% |
| Op. Income | $345M | $358M | $328M | -3.7% | 5.2% |
| Gross Margin | 48.0% | 49.3% | 48.1% | -1.4pp | -0.2pp |
| Net Margin | 11.8% | 14.1% | 13.1% | -2.3pp | -1.3pp |
| EPS (Diluted) | $0.72 | $0.84 | $0.75 | -14.3% | -4.0% |
| Free Cash Flow | $350M | $260M | $325M | 34.9% | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $800M |
| GROSS PROFIT | $737M |
| R&D Expenses | $128M |
| Selling & Marketing | $152M |
| General & Administrative | $112M |
| SG&A Expenses | $264M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $345M |
| Interest Income | $0 |
| Interest Expense | $106M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $175M |
| EBIT | $345M |
| EBITDA | $520M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $800M |
| GROSS PROFIT | $737M |
| R&D Expenses | $128M |
| Selling & Marketing | $152M |
| General & Administrative | $112M |
| SG&A Expenses | $264M |
| Other Expenses | $0 |
| Operating Expenses | $392M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $345M |
| Interest Income | $0 |
| Interest Expense | $106M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $175M |
| EBIT | $345M |
| EBITDA | $520M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $175M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $373M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $400.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$270M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $350M |
| Net Change in Cash | -$4.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $480M |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $186M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $524M |
| Goodwill | $9.4B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $519M |
| Tax Assets | $0 |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $19.0B |
| Account Payables | $55M |
| Short-Term Debt | $20M |
| Deferred Revenue | $486M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $695M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$241M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $75M |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $19.0B |
| Total Debt | $7.0B |
| Net Debt | $6.5B |
