| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 4.8% | 13.5% |
| Op. Income | $37M | $23M | -$19M | 60.9% | 291.9% |
| Gross Margin | 48.1% | 49.6% | 50.2% | -1.5pp | -2.1pp |
| Net Margin | 1.8% | 1.7% | -2.9% | 0.1pp | 4.8pp |
| EPS (Diluted) | $0.14 | $0.12 | $-0.19 | 16.7% | 173.7% |
| Free Cash Flow | $263M | $178M | $198M | 47.8% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $591M |
| R&D Expenses | $243M |
| Selling & Marketing | $221M |
| General & Administrative | $102M |
| SG&A Expenses | $322M |
| Other Expenses | -$12M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $37M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $55M |
| EBIT | $34M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $591M |
| R&D Expenses | $243M |
| Selling & Marketing | $221M |
| General & Administrative | $102M |
| SG&A Expenses | $322M |
| Other Expenses | -$12M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $37M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $55M |
| EBIT | $34M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $149M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $277M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$195M |
| Sales/Maturities of Investments | $611M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $402M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$197M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$85.0K |
| NET CASH FROM FINANCING | -$176M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $502M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $1.6B |
| Net Receivables | $588M |
| Inventory | $0 |
| Other Current Assets | $139M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $231M |
| Goodwill | $5.2B |
| Intangible Assets | $184M |
| Long-Term Investments | $439M |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $76M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $720M |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $154.0K |
| Additional Paid-In Capital | $15.8B |
| Retained Earnings | -$7.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $1.1B |
| Net Debt | $133M |
