| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $359M | $357M | 3.3% | 3.7% |
| Op. Income | $53M | $29M | $40M | 80.9% | 34.1% |
| Gross Margin | 90.4% | 90.3% | 91.4% | 0.1pp | -1.0pp |
| Net Margin | 11.9% | 6.8% | 10.7% | 5.1pp | 1.2pp |
| EPS (Diluted) | $0.67 | $0.36 | $0.54 | 86.1% | 24.1% |
| Free Cash Flow | $45M | $87M | $30M | -48.5% | 49.5% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $335M |
| R&D Expenses | $78M |
| Selling & Marketing | $145M |
| General & Administrative | $46M |
| SG&A Expenses | $191M |
| Other Expenses | $12M |
| Operating Expenses | $282M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $59M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $335M |
| R&D Expenses | $78M |
| Selling & Marketing | $145M |
| General & Administrative | $46M |
| SG&A Expenses | $191M |
| Other Expenses | $12M |
| Operating Expenses | $282M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $59M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $113M |
| Net Receivables | $156M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $104M |
| Goodwill | $137M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $143M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $471M |
| TOTAL ASSETS | $980M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $234M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $980M |
| Total Debt | $31M |
| Net Debt | -$167M |
