$2.41B
Revenue
$-38.50M
Net Income
61.53%
Gross Margin
7.86%
Op. Margin
$787.00M
Free Cash Flow
| Breakdown | Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $585.20M | $579.80M | $631.90M | $609.10M | $576.20M | $564.50M | $630.40M | $588.50M | $554.70M | $540.40M | $595.00M | $556.30M | $537.30M |
| Revenue Growth % (YoY) | 1.6% | 2.7% | 0.2% | 3.5% | 3.9% | 4.5% | 5.9% | 5.8% | 3.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $242.40M | $227.80M | $236.00M | $219.50M | $220.10M | $224.10M | $223.60M | $206.50M | $205.00M | $195.90M | $188.10M | $175.00M | $181.60M |
| Gross Profit | $342.80M | $352.00M | $395.90M | $389.60M | $356.10M | $340.40M | $406.80M | $382.00M | $349.70M | $344.50M | $406.90M | $381.30M | $355.70M |
| Gross Margin % | 58.6% | 60.7% | 62.7% | 64.0% | 61.8% | 60.3% | 64.5% | 64.9% | 63.0% | 63.7% | 68.4% | 68.5% | 66.2% |
| Operating Expenses | $572.40M | $544.50M | $553.00M | $546.90M | $539.10M | $547.90M | $566.60M | $536.40M | $538.20M | $532.50M | $536.70M | $510.80M | $507.60M |
| Selling General & Admin | $181.50M | $169.10M | $167.10M | $174.80M | $174.40M | $176.40M | $190.50M | $181.60M | $183.60M | $187.00M | $196.70M | $184.10M | $176.60M |
| Operating Income | $12.80M | $35.30M | $78.90M | $62.20M | $37.10M | $16.60M | $63.80M | $52.10M | $16.50M | $7.90M | $58.30M | $45.50M | $29.70M |
| Operating Margin % | 2.2% | 6.1% | 12.5% | 10.2% | 6.4% | 2.9% | 10.1% | 8.9% | 3.0% | 1.5% | 9.8% | 8.2% | 5.5% |
| Interest Expense | $96.30M | $41.10M | $57.20M | $157.30M | $107.50M | $85.30M | $53.50M | $57.00M | $56.10M | $55.30M | $55.00M | $49.10M | $41.90M |
| Interest Income | $1.80M | $1.50M | $2.40M | $2.10M | $1.20M | $1.60M | $1.60M | $1.70M | $1.10M | $1.40M | $1.10M | $500.00K | $300.00K |
| Other Income/Expense | $1.70M | $1.30M | $-300.00K | $-900.00K | $1.40M | $100.00K | $-4.10M | $-3.30M | $1.50M | $600.00K | $3.20M | $8.80M | $11.20M |
| Income Before Tax | $-34.00M | $-14.80M | $22.90M | $2.10M | $-19.30M | $-67.00M | $7.80M | $-6.50M | $-37.00M | $-45.40M | $7.60M | $5.70M | $-700.00K |
| Income Tax Expense | $-1.20M | $400.00K | $15.20M | $-1.80M | $-2.90M | $-44.20M | $6.30M | $-11.20M | $-17.50M | $-11.80M | $-15.20M | $-4.20M | $-100.00K |
| Net Income | $-33.70M | $-15.80M | $7.80M | $3.20M | $-16.40M | $-23.20M | $1.70M | $5.30M | $-18.80M | $-32.80M | $17.10M | $10.40M | - |
| Net Margin % | -5.8% | -2.7% | 1.2% | 0.5% | -2.8% | -4.1% | 0.3% | 0.9% | -3.4% | -6.1% | 2.9% | 1.9% | 0.0% |
| Basic EPS | -0.08 | -0.04 | 0.01 | 0.01 | -0.04 | -0.05 | 0.00 | 0.01 | -0.04 | -0.08 | 0.05 | 0.02 | 0.00 |
| Diluted EPS | -0.08 | -0.04 | 0.01 | 0.01 | -0.04 | -0.05 | 0.00 | 0.01 | -0.04 | -0.08 | 0.05 | 0.02 | 0.00 |
| Basic Shares Outstanding | 435.4M | 433.3M | 115K | 432.4M | 432.7M | 431.6M | 200K | 430.8M | 430.5M | 429.6M | 62K | 429.2M | 429.1M |
| Diluted Shares Outstanding | 435.4M | 433.3M | 115K | 435.6M | 432.7M | 431.6M | 200K | 432.2M | 430.5M | 429.6M | 62K | 429.4M | 429.1M |
| Breakdown | Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $278.70M | $241.30M | $205.90M | $288.70M | $263.20M | $216.00M | $188.10M | $230.10M | $260.60M | $204.10M | $208.40M | $203.90M | $209.60M |
| Accounts Receivable | $189.20M | $203.60M | $239.60M | $242.40M | $197.30M | $170.00M | $258.00M | $221.40M | $188.50M | $181.40M | $271.60M | $200.40M | $321.70M |
| Other Current Assets | $41.00M | $39.90M | $66.90M | $34.40M | $64.10M | $71.70M | $58.30M | $90.80M | $96.40M | $73.60M | $89.00M | $25.60M | $23.70M |
| Total Current Assets | $668.80M | $650.40M | $650.40M | $710.20M | $663.90M | $609.30M | $656.30M | $685.60M | $690.10M | $623.30M | $703.90M | $666.60M | $748.10M |
| Property Plant & Equipment | $87.00M | $89.20M | - | $94.10M | $96.00M | $98.90M | - | $95.90M | $98.50M | $101.80M | - | $93.30M | $94.80M |
| Goodwill | $3.48B | $3.44B | $3.41B | $3.45B | $3.43B | $3.42B | $3.45B | $3.41B | $3.42B | $3.44B | $3.43B | $3.40B | $3.44B |
| Intangible Assets | $3.37B | $3.44B | $3.51B | $3.63B | $3.71B | $3.81B | $3.92B | $4.00B | $4.11B | $4.22B | $4.32B | $4.40B | $4.54B |
| Other Non-current Assets | $263.70M | $269.60M | $252.00M | $255.90M | $212.40M | $206.60M | $187.80M | $141.60M | $137.50M | $121.30M | $128.20M | $144.40M | $158.30M |
| Total Assets | $8.74B | $8.74B | $8.76B | $9.00B | $8.96B | $8.98B | $9.14B | $9.14B | $9.27B | $9.30B | $9.47B | $9.43B | $9.70B |
| Accounts Payable | $76.60M | $80.90M | $104.30M | $108.90M | $86.90M | $107.50M | $111.70M | $80.40M | $79.30M | $81.50M | $80.50M | $89.70M | $81.30M |
| Short-term Debt | $31.00M | $31.00M | $31.00M | $31.00M | $31.00M | $31.00M | $32.70M | $32.70M | $32.70M | $32.70M | $32.70M | $32.70M | $32.70M |
| Deferred Revenue | $653.90M | $660.70M | $555.90M | $564.90M | $583.30M | $622.50M | $590.00M | $560.70M | $598.90M | $624.90M | $563.10M | $536.60M | $582.70M |
| Total Current Liabilities | $1.09B | $1.05B | $1.01B | $1.01B | $935.10M | $987.40M | $1.04B | $937.10M | $974.60M | $999.40M | $1.10B | $936.40M | $948.00M |
| Long-term Debt | $3.47B | $3.50B | $3.50B | $3.63B | $3.62B | $3.51B | $3.51B | $3.61B | $3.61B | $3.55B | $3.55B | $3.55B | $3.68B |
| Deferred Tax Liabilities | $652.90M | $682.60M | $720.90M | $782.80M | $817.30M | $852.40M | $887.30M | $911.90M | $958.20M | $999.40M | $1.02B | $1.09B | $1.14B |
| Other Non-current Liabilities | $89.20M | $97.90M | $102.00M | $109.90M | $113.80M | $129.80M | $118.20M | $115.10M | $124.90M | $139.50M | $126.80M | $124.60M | $132.40M |
| Total Liabilities | $5.41B | $5.43B | $5.44B | $5.66B | $5.62B | $5.61B | $5.70B | $5.71B | $5.82B | $5.84B | $5.96B | $5.84B | $6.05B |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-889.20M | $-855.50M | $-839.70M | $-847.50M | $-850.70M | $-834.30M | $-811.10M | $-812.80M | $-817.20M | $-797.80M | $-764.10M | $-786.90M | $-794.90M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | $300.00K |
| Total Stockholders Equity | $3.31B | $3.29B | $3.30B | $3.33B | $3.33B | $3.36B | $3.42B | $3.41B | $3.44B | $3.45B | $3.50B | $3.53B | $3.58B |
| Total Liabilities & Equity | $8.74B | $8.74B | $8.76B | $9.00B | $8.96B | $8.98B | $9.14B | $9.14B | $9.27B | $9.30B | $9.47B | $9.43B | $9.70B |
| Breakdown | Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-49.50M | $-15.80M | $7.80M | $-36.40M | $-39.60M | $-23.20M | $1.70M | $-46.30M | $-51.60M | $-32.80M | $17.10M | $-19.40M | $-29.80M |
| Depreciation & Amortization | $291.20M | $144.70M | $147.50M | $430.10M | $285.30M | $144.00M | $149.70M | $437.10M | $290.40M | $145.40M | $145.70M | $441.50M | $296.40M |
| Stock-based Compensation | $30.50M | $14.70M | $15.20M | $52.40M | $36.10M | $17.90M | $17.30M | $66.10M | $45.30M | $20.50M | $22.10M | $43.90M | $26.00M |
| Change in Receivables | $-65.10M | $-41.60M | $6.00M | $-11.50M | $-54.20M | $-82.40M | $38.10M | $-51.80M | $-86.50M | $-92.70M | $70.60M | $252.50M | $-68.10M |
| Change in Payables | $-21.20M | $-15.80M | $-1.70M | $-3.70M | $-24.20M | $-12.60M | $39.80M | $-9.60M | $-8.00M | $-5.30M | $-12.20M | $7.00M | $-3.50M |
| Operating Cash Flow | $213.20M | $136.90M | $150.00M | $286.90M | $195.60M | $158.90M | $168.50M | $283.70M | $214.60M | $155.70M | $97.30M | $439.80M | $216.50M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | $500.00K | $500.00K |
| Investing Cash Flow | $-80.50M | $-55.10M | $-59.10M | $-160.40M | $-112.10M | $-54.90M | $-71.50M | $-120.30M | $-81.20M | $-39.60M | $-44.60M | $-165.90M | $-103.40M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | $420.00M | $420.00M |
| Stock Repurchased | - | - | - | $9.30M | $9.30M | - | - | - | - | - | - | - | - |
| Dividends Paid | $21.60M | $21.60M | $21.70M | $65.80M | $43.90M | $22.00M | $21.50M | $64.60M | $43.00M | $21.50M | $21.40M | $21.50M | - |
| Financing Cash Flow | $-72.70M | $-44.60M | $-156.70M | $-31.20M | $-6.50M | $-75.70M | $-143.10M | $-139.30M | $-88.00M | $-122.20M | $-62.90M | $-218.20M | $-64.70M |
| Net Change in Cash | $72.80M | $35.40M | $-82.80M | $101.00M | $75.60M | $27.90M | $-42.00M | $21.70M | $52.20M | $-4.30M | $-1.10M | $32.40M | $38.40M |
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing
Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $585.20M | - | $1.17B | - |
| Cost of Revenue | $242.40M | - | $470.20M | - |
| Operating Expenses | $572.40M | - | $1.12B | - |
| Selling General & Admin | $181.50M | - | $350.60M | - |
| Operating Income | $12.80M | - | $48.10M | - |
| Interest Expense | $50.30M | - | $96.30M | - |
| Interest Income | $1.80M | - | $3.30M | - |
| Other Income/Expense | $1.70M | - | $3.00M | - |
| Income Before Tax | $-34.00M | - | $-48.80M | - |
| Income Tax Expense | $-1.20M | - | $-800.00K | - |
| Net Income | $-33.70M | - | $-49.50M | - |
| Basic EPS | -0.08 | - | -0.11 | - |
| Diluted EPS | -0.08 | - | -0.11 | - |
| Basic Shares Outstanding | $435.36M | - | $434.34M | - |
| Diluted Shares Outstanding | $435.36M | - | $434.34M | - |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $278.70M | $205.90M |
| Accounts Receivable | $189.20M | $239.60M |
| Other Current Assets | $41.00M | $66.90M |
| Total Current Assets | $668.80M | $650.40M |
| Property Plant & Equipment | $87.00M | $91.10M |
| Goodwill | $3.48B | $3.41B |
| Intangible Assets | $3.37B | $3.51B |
| Other Non-current Assets | $263.70M | $252.00M |
| Total Assets | $8.74B | $8.76B |
| Accounts Payable | $76.60M | $104.30M |
| Short-term Debt | $31.00M | $31.00M |
| Deferred Revenue | $653.90M | $555.90M |
| Total Current Liabilities | $1.09B | $1.01B |
| Long-term Debt | $3.47B | $3.50B |
| Deferred Tax Liabilities | $652.90M | $720.90M |
| Other Non-current Liabilities | $89.20M | $102.00M |
| Total Liabilities | $5.41B | $5.44B |
| Common Stock | - | - |
| Retained Earnings | $-889.20M | $-839.70M |
| Total Stockholders Equity | $3.31B | $3.30B |
| Total Liabilities & Equity | $8.74B | $8.76B |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-33.70M | - | $-49.50M | - |
| Depreciation & Amortization | $146.50M | - | $291.20M | - |
| Stock-based Compensation | - | - | $30.50M | - |
| Change in Receivables | - | - | $-65.10M | - |
| Change in Payables | - | - | $-21.20M | - |
| Operating Cash Flow | - | - | $213.20M | - |
| Investing Cash Flow | - | - | $-80.50M | - |
| Stock Repurchased | - | - | - | - |
| Dividends Paid | - | - | $21.60M | - |
| Financing Cash Flow | - | - | $-72.70M | - |
| Net Change in Cash | - | - | $72.80M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.