| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $473M | $394M | $404M | 20.0% | 17.2% |
| Op. Income | $167M | $176M | $83M | -5.2% | 101.6% |
| Gross Margin | 61.8% | 74.1% | 139.1% | -12.4pp | -77.3pp |
| Net Margin | 38.4% | 47.0% | 29.8% | -8.6pp | 8.6pp |
| EPS (Diluted) | $3.51 | $0.18 | $0.12 | 1900.0% | 2938.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $292M |
| R&D Expenses | $28M |
| Selling & Marketing | $63M |
| General & Administrative | $25M |
| SG&A Expenses | $88M |
| Other Expenses | $10M |
| Operating Expenses | $126M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $167M |
| Interest Income | $37M |
| Interest Expense | $0 |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $0 |
| EBIT | $167M |
| EBITDA | $167M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $292M |
| R&D Expenses | $28M |
| Selling & Marketing | $63M |
| General & Administrative | $25M |
| SG&A Expenses | $88M |
| Other Expenses | $10M |
| Operating Expenses | $126M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $167M |
| Interest Income | $37M |
| Interest Expense | $0 |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $0 |
| EBIT | $167M |
| EBITDA | $167M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$193M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643M |
| Short-Term Investments | $1.8B |
| Net Receivables | $718M |
| Inventory | $0 |
| Other Current Assets | $314M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $65M |
| Goodwill | $457M |
| Intangible Assets | $54M |
| Long-Term Investments | $2.1B |
| Tax Assets | $20M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $391M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $407M |
| Common Stock | $196.2K |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $457M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $87M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $8M |
| Net Debt | -$635M |
