| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $774M | $741M | $696M | 4.4% | 11.1% |
| Op. Income | $136M | $130M | $114M | 4.8% | 19.5% |
| Gross Margin | 47.9% | 47.3% | 48.2% | 0.6pp | -0.3pp |
| Net Margin | 11.9% | 11.9% | 10.1% | 0.0pp | 1.8pp |
| EPS (Diluted) | $0.62 | $0.59 | $0.45 | 5.1% | 37.8% |
| Free Cash Flow | $83M | $93M | $22M | -10.1% | 273.5% |
| Item | Amount |
|---|---|
| REVENUE | $774M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $370M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $19M |
| Operating Expenses | $234M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $136M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $32M |
| EBIT | $136M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $774M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $370M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $19M |
| Operating Expenses | $234M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $136M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $32M |
| EBIT | $136M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$100.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $0 |
| Net Receivables | $559M |
| Inventory | $369M |
| Other Current Assets | $127M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $167M |
| Goodwill | $1.8B |
| Intangible Assets | $453M |
| Long-Term Investments | $340M |
| Tax Assets | $0 |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $343M |
| Short-Term Debt | $500M |
| Deferred Revenue | $118M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$733M |
| Accum. Other Comp. Income | $126M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
