| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $332M | $357M | 2.8% | -4.4% |
| Op. Income | $96M | $87M | $90M | 9.5% | 5.6% |
| Gross Margin | 74.6% | 71.9% | 69.4% | 2.7pp | 5.2pp |
| Net Margin | 21.2% | 19.9% | 19.4% | 1.3pp | 1.8pp |
| EPS (Diluted) | $1.27 | $1.12 | $1.16 | 13.4% | 9.5% |
| Free Cash Flow | $35M | $6M | $42M | 457.5% | -16.4% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $151M |
| Operating Expenses | $159M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $96M |
| Interest Income | $253M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $96M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $151M |
| Operating Expenses | $159M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $96M |
| Interest Income | $253M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $96M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $141M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $228M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $314M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $23M |
| Net Receivables | $710M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $84M |
| Goodwill | $885M |
| Intangible Assets | $92M |
| Long-Term Investments | $16.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $822M |
| TOTAL NON-CURRENT ASSETS | $18.7B |
| TOTAL ASSETS | $20.8B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.1B |
| TOTAL CURRENT LIABILITIES | $17.2B |
| Long-Term Debt | $303M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $637M |
| TOTAL NON-CURRENT LIABILITIES | $940M |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $764.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$787M |
| Accum. Other Comp. Income | -$522M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | -$11M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $303M |
| Net Debt | -$1.0B |
