| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.0B | — | 17.9% |
| Op. Income | $435M | — | $321M | — | 35.5% |
| Gross Margin | 44.4% | — | 42.0% | — | 2.4pp |
| Net Margin | 28.5% | — | 23.5% | — | 5.0pp |
| EPS (Diluted) | $0.23 | — | $0.16 | — | 44.4% |
| Free Cash Flow | $239M | — | $430M | — | -44.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $548M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $137M |
| SG&A Expenses | $169M |
| Other Expenses | -$56M |
| Operating Expenses | $113M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $435M |
| Interest Income | $37M |
| Interest Expense | $2M |
| Other Income/Expenses | $584.5K |
| INCOME BEFORE TAX | $436M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $352M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352M |
| D&A | $26M |
| EBIT | $437M |
| EBITDA | $464M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $548M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $137M |
| SG&A Expenses | $169M |
| Other Expenses | -$56M |
| Operating Expenses | $113M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $435M |
| Interest Income | $37M |
| Interest Expense | $2M |
| Other Income/Expenses | $584.5K |
| INCOME BEFORE TAX | $436M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $352M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352M |
| D&A | $26M |
| EBIT | $437M |
| EBITDA | $464M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $352M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$134M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $239M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300M |
| NET CASH FROM FINANCING | -$300M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | -$149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.6B |
| Net Receivables | $545M |
| Inventory | $5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $186M |
| Goodwill | $3.0B |
| Intangible Assets | $785M |
| Long-Term Investments | $7.2B |
| Tax Assets | $63M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $1.0B |
| Short-Term Debt | $314M |
| Deferred Revenue | $501M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $520M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $731M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $292.2K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | $4.5B |
| Other Equity | -$80M |
| TOTAL STOCKHOLDERS' EQUITY | $12.3B |
| Minority Interest | $365M |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $883M |
| Net Debt | -$724M |
