| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.8B | $3.2B | 14.3% | -0.4% |
| Op. Income | $403M | $402M | $449M | 0.2% | -10.2% |
| Gross Margin | 26.5% | 26.5% | 26.4% | 0.0pp | 0.1pp |
| Net Margin | 8.9% | 16.7% | 8.9% | -7.8pp | -0.0pp |
| EPS (Diluted) | $0.59 | $0.97 | $0.60 | -39.2% | -1.7% |
| Free Cash Flow | $403M | $136M | $341M | 197.3% | 18.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $444M |
| SG&A Expenses | $444M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $403M |
| Interest Income | $600.0K |
| Interest Expense | $109M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $98M |
| EBIT | $455M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $444M |
| SG&A Expenses | $444M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $403M |
| Interest Income | $600.0K |
| Interest Expense | $109M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $98M |
| EBIT | $455M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $53M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $486M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$327M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | -$168M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$495M |
| FREE CASH FLOW | $403M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $857M |
| Inventory | $2.2B |
| Other Current Assets | $130M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $2.8B |
| Goodwill | $10.8B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $17.8B |
| TOTAL ASSETS | $21.0B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.8B |
| TOTAL LIABILITIES & EQUITY | $21.0B |
| Total Debt | $8.5B |
| Net Debt | $8.4B |
