| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $8.8B | $9.6B | 5.0% | -3.1% |
| Op. Income | $376M | $327M | $341M | 15.0% | 10.3% |
| Gross Margin | 23.5% | 23.3% | 23.2% | 0.2pp | 0.4pp |
| Net Margin | 3.1% | 2.8% | 2.9% | 0.4pp | 0.3pp |
| EPS (Diluted) | $1.34 | $1.13 | $1.25 | 18.6% | 7.2% |
| Free Cash Flow | $478M | $4M | $321M | 11850.0% | 48.9% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $7.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | -$7M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $376M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $392M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $218M |
| EBIT | $404M |
| EBITDA | $622M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $7.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | -$7M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $376M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $392M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $218M |
| EBIT | $404M |
| EBITDA | $622M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $291M |
| Depreciation & Amortization | $218M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $123M |
| OPERATING CASH FLOW | $661M |
| Capital Expenditure | -$183M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$185M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$98M |
| Common Dividends Paid | -$203M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | $478M |
| Net Change in Cash | $171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $871M |
| Inventory | $5.7B |
| Other Current Assets | $598M |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $5.0B |
| Goodwill | $1.4B |
| Intangible Assets | $117M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $519M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $5.5B |
| Short-Term Debt | $13M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $347M |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $593M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $22M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $310M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $4.1B |
| Net Debt | $2.7B |
