| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $934M | $985M | 9.0% | 3.4% |
| Op. Income | $206M | $156M | $189M | 32.1% | 9.0% |
| Gross Margin | 49.7% | 46.3% | 49.6% | 3.5pp | 0.1pp |
| Net Margin | 10.6% | 7.8% | 13.1% | 2.8pp | -2.5pp |
| EPS (Diluted) | $1.62 | $1.07 | $1.37 | 51.4% | 18.2% |
| Free Cash Flow | $195M | $100M | $153M | 95.0% | 27.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $512M |
| GROSS PROFIT | $506M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $116M |
| SG&A Expenses | $268M |
| Other Expenses | $32M |
| Operating Expenses | $300M |
| Cost & Expenses | $812M |
| OPERATING INCOME | $206M |
| Interest Income | $2M |
| Interest Expense | $57M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $31M |
| EBIT | $209M |
| EBITDA | $240M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $512M |
| GROSS PROFIT | $506M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $116M |
| SG&A Expenses | $268M |
| Other Expenses | $32M |
| Operating Expenses | $300M |
| Cost & Expenses | $812M |
| OPERATING INCOME | $206M |
| Interest Income | $2M |
| Interest Expense | $57M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $31M |
| EBIT | $209M |
| EBITDA | $240M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $134M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $232M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$91M |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$192M |
| FREE CASH FLOW | $195M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $1.3B |
| Other Current Assets | $175M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $592M |
| Goodwill | $972M |
| Intangible Assets | $208M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $411M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $483M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $745M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$7.6B |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$852M |
| Minority Interest | -$1M |
| TOTAL EQUITY | -$853M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $5.6B |
| Net Debt | $5.4B |
