| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $196M | $172M | -4.3% | 8.8% |
| Op. Income | $144M | $150M | $133M | -4.2% | 7.9% |
| Gross Margin | 88.2% | 88.2% | 89.0% | -0.0pp | -0.8pp |
| Net Margin | 61.9% | 61.6% | 66.5% | 0.4pp | -4.6pp |
| EPS (Diluted) | $1.68 | $1.75 | $1.66 | -3.6% | 1.4% |
| Free Cash Flow | $118M | $148M | $92M | -20.4% | 27.9% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $22M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $144M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $14M |
| EBIT | $144M |
| EBITDA | $157M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $22M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $144M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $14M |
| EBIT | $144M |
| EBITDA | $157M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $541.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$51.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $544M |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $668M |
| PP&E (Net) | $544M |
| Goodwill | $0 |
| Intangible Assets | $34M |
| Long-Term Investments | $416M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$257M |
| TOTAL NON-CURRENT ASSETS | $737M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $646.0K |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $231.0K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$145M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$544M |
