| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $220M | $220M | 59.9% | 59.9% |
| Op. Income | $94M | $93M | $111M | 1.4% | -14.8% |
| Gross Margin | 70.5% | 73.9% | 73.7% | -3.4pp | -3.2pp |
| Net Margin | 16.7% | 28.2% | 33.8% | -11.5pp | -17.1pp |
| EPS (Diluted) | $0.68 | $0.96 | $1.12 | -29.2% | -39.3% |
| Free Cash Flow | -$7M | $80M | $79M | -109.4% | -109.4% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $63M |
| Operating Expenses | $154M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $94M |
| Interest Income | $10M |
| Interest Expense | $17M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $22M |
| EBIT | $104M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $63M |
| Operating Expenses | $154M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $94M |
| Interest Income | $10M |
| Interest Expense | $17M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $22M |
| EBIT | $104M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$890.0K |
| Acquisitions (Net) | $54M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $205M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $28M |
| Goodwill | $1.2B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $96M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $84M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $966M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $466M |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $877.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $972M |
| Treasury Stock | -$607M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $966M |
| Net Debt | $858M |
