| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $672M | $625M | $604M | 7.5% | 11.2% |
| Op. Income | $79M | $73M | $69M | 9.1% | 15.0% |
| Gross Margin | 38.5% | 39.3% | 37.5% | -0.9pp | 0.9pp |
| Net Margin | 9.1% | 8.3% | 8.1% | 0.8pp | 1.0pp |
| EPS (Diluted) | $1.53 | $1.27 | $1.19 | 20.5% | 28.6% |
| Free Cash Flow | $57M | -$25M | $61M | 329.7% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $413M |
| GROSS PROFIT | $259M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $179M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $32M |
| EBIT | $79M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $413M |
| GROSS PROFIT | $259M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $179M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $32M |
| EBIT | $79M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $455M |
| Inventory | $389M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $642M |
| Goodwill | $1.0B |
| Intangible Assets | $415M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $304M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $616M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $848M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$818M |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
