| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | -1.1% | 6.2% |
| Op. Income | $183M | $195M | $167M | -6.2% | 9.6% |
| Gross Margin | 47.6% | 49.3% | 48.4% | -1.7pp | -0.8pp |
| Net Margin | 8.7% | 10.4% | 9.3% | -1.7pp | -0.6pp |
| EPS (Diluted) | $2.19 | $2.62 | $2.18 | -16.4% | 0.5% |
| Free Cash Flow | $130M | $158M | $278M | -17.7% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $677M |
| GROSS PROFIT | $616M |
| R&D Expenses | $144M |
| Selling & Marketing | $158M |
| General & Administrative | $102M |
| SG&A Expenses | $260M |
| Other Expenses | $29M |
| Operating Expenses | $433M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $43M |
| EBIT | $163M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $677M |
| GROSS PROFIT | $616M |
| R&D Expenses | $144M |
| Selling & Marketing | $158M |
| General & Administrative | $102M |
| SG&A Expenses | $260M |
| Other Expenses | $29M |
| Operating Expenses | $433M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $43M |
| EBIT | $163M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$138M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $872M |
| Short-Term Investments | $0 |
| Net Receivables | $684M |
| Inventory | $686M |
| Other Current Assets | $92M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $479M |
| Goodwill | $3.9B |
| Intangible Assets | $400M |
| Long-Term Investments | $0 |
| Tax Assets | $565M |
| Other Non-Current Assets | $229M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $569M |
| Short-Term Debt | $44M |
| Deferred Revenue | $457M |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $315M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $733M |
| Retained Earnings | $5.1B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.4B |
| Net Debt | $1.5B |
