| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $951M | $1.1B | 15.1% | -1.1% |
| Op. Income | $341M | $281M | $339M | 21.4% | 0.6% |
| Gross Margin | 59.0% | 59.4% | 60.6% | -0.4pp | -1.6pp |
| Net Margin | 23.6% | 20.5% | 21.9% | 3.1pp | 1.7pp |
| EPS (Diluted) | $0.55 | $0.41 | $0.50 | 34.1% | 10.0% |
| Free Cash Flow | $81M | -$24M | $29M | 437.5% | 179.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $449M |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $187M |
| SG&A Expenses | $313M |
| Other Expenses | -$8M |
| Operating Expenses | $305M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $341M |
| Interest Income | $3M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $22M |
| EBIT | $345M |
| EBITDA | $367M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $449M |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $187M |
| SG&A Expenses | $313M |
| Other Expenses | -$8M |
| Operating Expenses | $305M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $341M |
| Interest Income | $3M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $258M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $22M |
| EBIT | $345M |
| EBITDA | $367M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$363M |
| Change in Working Capital | $193M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $0 |
| Net Receivables | $954M |
| Inventory | $2.6B |
| Other Current Assets | $261M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.5B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $272M |
| Tax Assets | $60M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $695M |
| Short-Term Debt | $812M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $290M |
| Other Non-Current Liabilities | $393M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $72M |
| Additional Paid-In Capital | $21M |
| Retained Earnings | $4.5B |
| Treasury Stock | -$605M |
| Accum. Other Comp. Income | -$291M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $3.2B |
| Net Debt | $2.8B |
