| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $660M | $637M | $674M | 3.6% | -2.1% |
| Op. Income | $157M | $157M | $168M | -0.3% | -6.7% |
| Gross Margin | 58.6% | 57.6% | 60.8% | 1.1pp | -2.2pp |
| Net Margin | 10.3% | 11.2% | 11.4% | -0.9pp | -1.1pp |
| EPS (Diluted) | $1.98 | $1.81 | $1.83 | 9.4% | 8.2% |
| Free Cash Flow | $230M | -$529M | -$52M | 143.5% | 544.9% |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $86M |
| SG&A Expenses | $184M |
| Other Expenses | $46M |
| Operating Expenses | $230M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $84M |
| EBIT | $158M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $86M |
| SG&A Expenses | $184M |
| Other Expenses | $46M |
| Operating Expenses | $230M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $84M |
| EBIT | $158M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $265M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$653M |
| Sales/Maturities of Investments | $289M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$392M |
| Net Debt Issuance | -$151M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $503M |
| NET CASH FROM FINANCING | $342M |
| FREE CASH FLOW | $230M |
| Net Change in Cash | $254M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $773M |
| Short-Term Investments | $4.1B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $9.9B |
| PP&E (Net) | $258M |
| Goodwill | $3.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $81M |
| Tax Assets | $22M |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $198M |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$171M |
| Other Equity | -$100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $979M |
| Minority Interest | $0 |
| TOTAL EQUITY | $979M |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $5.4B |
| Net Debt | $4.7B |
