| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $474M | $460M | $420M | 2.9% | 12.8% |
| Op. Income | $37M | $36M | $10M | 3.8% | 286.8% |
| Gross Margin | 68.0% | 68.8% | 67.3% | -0.9pp | 0.7pp |
| Net Margin | 7.1% | 10.4% | 5.7% | -3.3pp | 1.4pp |
| EPS (Diluted) | $0.57 | $0.79 | $0.41 | -27.8% | 39.0% |
| Free Cash Flow | $142M | $132M | $106M | 8.1% | 34.7% |
| Item | Amount |
|---|---|
| REVENUE | $474M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $322M |
| R&D Expenses | $127M |
| Selling & Marketing | $112M |
| General & Administrative | $45M |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $436M |
| OPERATING INCOME | $37M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $8M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $474M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $322M |
| R&D Expenses | $127M |
| Selling & Marketing | $112M |
| General & Administrative | $45M |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $436M |
| OPERATING INCOME | $37M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $8M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $417.0K |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$421.0K |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $653M |
| Short-Term Investments | $417M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $521M |
| Goodwill | $49M |
| Intangible Assets | $21M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $628M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $38M |
| Short-Term Debt | $574M |
| Deferred Revenue | $698M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $107.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$868M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $641.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$169M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$169M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $962M |
| Net Debt | $309M |
