| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.5B | 8.8% | 1.5% |
| Op. Income | $157M | $209M | $183M | -24.9% | -14.2% |
| Gross Margin | 41.3% | 45.4% | 41.0% | -4.0pp | 0.3pp |
| Net Margin | 4.1% | 7.4% | 10.0% | -3.2pp | -5.8pp |
| EPS (Diluted) | $0.30 | $0.49 | $0.68 | -38.8% | -55.9% |
| Free Cash Flow | -$99M | $151M | -$101M | -165.6% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $909M |
| GROSS PROFIT | $640M |
| R&D Expenses | $0 |
| Selling & Marketing | $335M |
| General & Administrative | $148M |
| SG&A Expenses | $483M |
| Other Expenses | $0 |
| Operating Expenses | $483M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $64M |
| EBIT | $163M |
| EBITDA | $227M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $909M |
| GROSS PROFIT | $640M |
| R&D Expenses | $0 |
| Selling & Marketing | $335M |
| General & Administrative | $148M |
| SG&A Expenses | $483M |
| Other Expenses | $0 |
| Operating Expenses | $483M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $64M |
| EBIT | $163M |
| EBITDA | $227M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$178M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | -$99M |
| Net Change in Cash | -$272M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $977M |
| Other Current Assets | $234M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $2.1B |
| Goodwill | $628M |
| Intangible Assets | $165M |
| Long-Term Investments | $40M |
| Tax Assets | $133M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $567M |
| Short-Term Debt | $0 |
| Deferred Revenue | $172M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $111M |
| Additional Paid-In Capital | $806M |
| Retained Earnings | -$1.7B |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.5B |
| Minority Interest | $1M |
| TOTAL EQUITY | -$1.5B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
