| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $491M | $464M | 19.0% | 25.9% |
| Op. Income | $95M | $29M | $42M | 230.5% | 127.3% |
| Gross Margin | 81.1% | 78.9% | 82.4% | 2.2pp | -1.3pp |
| Net Margin | 14.5% | 6.4% | 7.1% | 8.1pp | 7.5pp |
| EPS (Diluted) | $0.17 | $0.06 | $0.07 | 167.7% | 157.6% |
| Free Cash Flow | $57M | $176M | $119M | -67.8% | -52.3% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $474M |
| R&D Expenses | $110M |
| Selling & Marketing | $134M |
| General & Administrative | $135M |
| SG&A Expenses | $269M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $95M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $21M |
| EBIT | $95M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $474M |
| R&D Expenses | $110M |
| Selling & Marketing | $134M |
| General & Administrative | $135M |
| SG&A Expenses | $269M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $95M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $21M |
| EBIT | $95M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $126M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$160M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$158M |
| Sales/Maturities of Investments | $167M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $497M |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $421M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $155M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $637M |
| TOTAL ASSETS | $5.2B |
| Account Payables | $2.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $264M |
| Net Debt | -$745M |
