| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.5B | 18.4% | 3.3% |
| Op. Income | $172M | $69M | $190M | 148.9% | -9.3% |
| Gross Margin | 36.0% | 34.0% | 36.1% | 2.1pp | -0.0pp |
| Net Margin | 7.8% | 3.4% | 9.2% | 4.4pp | -1.4pp |
| EPS (Diluted) | $1.85 | $0.68 | $1.95 | 172.1% | -5.1% |
| Free Cash Flow | $22M | $106M | $50M | -79.5% | -56.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $577M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $404M |
| Other Expenses | $0 |
| Operating Expenses | $404M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $31M |
| EBIT | $174M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $577M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $404M |
| Other Expenses | $0 |
| Operating Expenses | $404M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $31M |
| EBIT | $174M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | -$420.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$420.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $1.6B |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $862M |
| Intangible Assets | $579M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $638M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $803M |
| Short-Term Debt | $143M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $666.0K |
| Additional Paid-In Capital | $256M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
