| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $949M | $845M | $935M | 12.3% | 1.5% |
| Op. Income | $29M | $7M | $31M | 311.9% | -5.3% |
| Gross Margin | 33.0% | 33.0% | 31.8% | -0.0pp | 1.2pp |
| Net Margin | 2.3% | 0.6% | 2.8% | 1.8pp | -0.5pp |
| EPS (Diluted) | $0.99 | $0.22 | $1.19 | 350.0% | -16.8% |
| Free Cash Flow | $60M | -$43M | $51M | 238.3% | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $222M |
| Operating Expenses | $284M |
| Cost & Expenses | $920M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $33M |
| EBIT | $29M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $222M |
| Operating Expenses | $284M |
| Cost & Expenses | $920M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $33M |
| EBIT | $29M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $780.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$140.0K |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $173M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $143M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $311M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $223.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $443M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $18M |
| TOTAL STOCKHOLDERS' EQUITY | $461M |
| Minority Interest | $0 |
| TOTAL EQUITY | $461M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
