| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.1B | $2.9B | -0.4% | 8.6% |
| Op. Income | $70M | $77M | $32M | -9.4% | 117.5% |
| Gross Margin | 30.4% | 29.6% | 29.5% | 0.7pp | 0.8pp |
| Net Margin | 2.0% | 2.0% | 10.5% | -0.0pp | -8.5pp |
| EPS (Diluted) | $0.14 | $0.15 | $0.68 | -6.7% | -79.4% |
| Free Cash Flow | $106M | $49M | $91M | 117.5% | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $942M |
| R&D Expenses | $10M |
| Selling & Marketing | $201M |
| General & Administrative | $471M |
| SG&A Expenses | $672M |
| Other Expenses | $190M |
| Operating Expenses | $873M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $70M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $62M |
| EBIT | $74M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $942M |
| R&D Expenses | $10M |
| Selling & Marketing | $201M |
| General & Administrative | $471M |
| SG&A Expenses | $672M |
| Other Expenses | $190M |
| Operating Expenses | $873M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $70M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $62M |
| EBIT | $74M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $76M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$93M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $592M |
| Short-Term Investments | $0 |
| Net Receivables | $221M |
| Inventory | $875M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $997M |
| Goodwill | $39M |
| Intangible Assets | $0 |
| Long-Term Investments | $23M |
| Tax Assets | $258M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $536M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $700.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $390M |
| Minority Interest | $0 |
| TOTAL EQUITY | $390M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $494M |
| Net Debt | -$98M |
