| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.3B | $1.2B | 15.9% | 24.8% |
| Op. Income | $80M | $43M | $5M | 86.0% | 1500.0% |
| Gross Margin | 25.3% | 25.9% | 23.0% | -0.6pp | 2.3pp |
| Net Margin | 5.2% | 4.2% | 1.1% | 1.0pp | 4.0pp |
| EPS (Diluted) | $0.13 | $0.09 | $0.02 | 47.9% | 446.2% |
| Free Cash Flow | $208M | $69M | $108M | 201.4% | 92.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $392M |
| R&D Expenses | $91M |
| Selling & Marketing | $141M |
| General & Administrative | $79M |
| SG&A Expenses | $220M |
| Other Expenses | $1M |
| Operating Expenses | $312M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $80M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $16M |
| EBIT | $81M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $392M |
| R&D Expenses | $91M |
| Selling & Marketing | $141M |
| General & Administrative | $79M |
| SG&A Expenses | $220M |
| Other Expenses | $1M |
| Operating Expenses | $312M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $80M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $16M |
| EBIT | $81M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$171M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $208M |
| Net Change in Cash | $189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $508M |
| Net Receivables | $121M |
| Inventory | $103M |
| Other Current Assets | $271M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $118M |
| Goodwill | $113M |
| Intangible Assets | $17M |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $533M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $60M |
| Other Current Liabilities | $688M |
| TOTAL CURRENT LIABILITIES | $894M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $949M |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $19M |
| Net Debt | -$1.2B |
