| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | — | $219M | — | 11.9% |
| Op. Income | $56M | — | $105M | — | -46.8% |
| Gross Margin | 90.4% | — | 83.5% | — | 6.9pp |
| Net Margin | 21.4% | — | 27.4% | — | -6.0pp |
| EPS (Diluted) | $0.60 | — | $0.69 | — | -12.4% |
| Free Cash Flow | $60M | — | $54M | — | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $221M |
| R&D Expenses | $16M |
| Selling & Marketing | $50M |
| General & Administrative | $12M |
| SG&A Expenses | $62M |
| Other Expenses | $88M |
| Operating Expenses | $165M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $0 |
| EBIT | $56M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $221M |
| R&D Expenses | $16M |
| Selling & Marketing | $50M |
| General & Administrative | $12M |
| SG&A Expenses | $62M |
| Other Expenses | $88M |
| Operating Expenses | $165M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $0 |
| EBIT | $56M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $386.2K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $599M |
| Short-Term Investments | $0 |
| Net Receivables | $775M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $62M |
| Tax Assets | $19M |
| Other Non-Current Assets | $557M |
| TOTAL NON-CURRENT ASSETS | $685M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $380M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $273M |
| TOTAL LIABILITIES | $653M |
| Common Stock | $19.3K |
| Additional Paid-In Capital | $761M |
| Retained Earnings | $716M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $6M |
| Net Debt | -$593M |
