| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $245M | $72M | 1.7% | 245.6% |
| Op. Income | $69M | $65M | -$138M | 5.4% | 149.8% |
| Gross Margin | 66.5% | 66.3% | -63.5% | 0.2pp | 130.1pp |
| Net Margin | 22.4% | 21.9% | 102.5% | 0.5pp | -80.0pp |
| EPS (Diluted) | $0.92 | $0.88 | $1.20 | 4.5% | -23.3% |
| Free Cash Flow | $32M | $78M | $10M | -58.9% | 234.2% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $25M |
| Operating Expenses | $97M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $69M |
| Interest Income | $237M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $10M |
| EBIT | $69M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $25M |
| Operating Expenses | $97M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $69M |
| Interest Income | $237M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $10M |
| EBIT | $69M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $125.0K |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | -$233M |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | $145M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $131M |
| NET CASH FROM FINANCING | $251M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $634M |
| Short-Term Investments | $34M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $668M |
| PP&E (Net) | $263M |
| Goodwill | $335M |
| Intangible Assets | $133M |
| Long-Term Investments | $16.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $662M |
| TOTAL NON-CURRENT ASSETS | $17.9B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $0 |
| Short-Term Debt | $456M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.1B |
| TOTAL CURRENT LIABILITIES | $15.6B |
| Long-Term Debt | $744M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $973M |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $13M |
| Additional Paid-In Capital | $133M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $1.2B |
| Net Debt | $604M |
