| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $966M | $887M | $910M | 8.9% | 6.1% |
| Op. Income | $146M | $113M | $126M | 28.7% | 15.8% |
| Gross Margin | 30.8% | 37.9% | 37.6% | -7.2pp | -6.9pp |
| Net Margin | 11.6% | 8.9% | 9.9% | 2.7pp | 1.6pp |
| EPS (Diluted) | $1.67 | $1.17 | $1.34 | 42.7% | 24.6% |
| Free Cash Flow | $61M | $23M | $75M | 160.6% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $146M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $28M |
| 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 | $70M |
| EBIT | $151M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $146M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $28M |
| 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 | $70M |
| EBIT | $151M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | -$329.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $65M |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $8M |
| Net Receivables | $800M |
| Inventory | $527M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.7B |
| Goodwill | $996M |
| Intangible Assets | $250M |
| Long-Term Investments | $154M |
| Tax Assets | $0 |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $695M |
| Short-Term Debt | $552M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $535M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $779M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $727.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$740M |
| Accum. Other Comp. Income | -$206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $18M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.1B |
| Net Debt | $975M |
