| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662M | $641M | $563M | 3.4% | 17.5% |
| Op. Income | $319M | $317M | $277M | 0.7% | 15.0% |
| Gross Margin | 74.1% | 75.3% | 75.1% | -1.2pp | -0.9pp |
| Net Margin | 18.3% | 16.3% | 17.8% | 2.1pp | 0.5pp |
| EPS (Diluted) | $0.44 | $0.36 | $0.32 | 20.6% | 37.3% |
| Free Cash Flow | $14M | $68M | -$214M | -79.6% | 106.5% |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $107M |
| General & Administrative | $45M |
| SG&A Expenses | $152M |
| Other Expenses | $20M |
| Operating Expenses | $172M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $319M |
| Interest Income | $43M |
| Interest Expense | $91M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $21M |
| NET INCOME | $121M |
| D&A | $38M |
| EBIT | $316M |
| EBITDA | $354M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $107M |
| General & Administrative | $45M |
| SG&A Expenses | $152M |
| Other Expenses | $20M |
| Operating Expenses | $172M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $319M |
| Interest Income | $43M |
| Interest Expense | $91M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $21M |
| NET INCOME | $121M |
| D&A | $38M |
| EBIT | $316M |
| EBITDA | $354M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $373M |
| Change in Working Capital | -$476M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | -$420.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$16M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $375M |
| Net Receivables | $7.6B |
| Inventory | $0 |
| Other Current Assets | $964M |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $367M |
| Goodwill | $136M |
| Intangible Assets | $249M |
| Long-Term Investments | $19M |
| Tax Assets | $219M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $11.1B |
| Account Payables | $138M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $332M |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $15.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $154M |
| Treasury Stock | -$585M |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $11.1B |
| Total Debt | $2.8B |
| Net Debt | $1.8B |
