| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.9B | $3.0B | 6.5% | 3.0% |
| Op. Income | $575M | $494M | $586M | 16.5% | -1.9% |
| Gross Margin | 27.4% | 26.2% | 28.9% | 1.2pp | -1.5pp |
| Net Margin | 14.2% | 13.4% | 15.3% | 0.8pp | -1.1pp |
| EPS (Diluted) | $0.32 | $0.28 | $0.33 | 14.3% | -3.0% |
| Free Cash Flow | $401M | $412M | $422M | -2.8% | -5.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $838M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $172M |
| Other Expenses | $91M |
| Operating Expenses | $263M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $575M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $577M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $436M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $91M |
| EBIT | $575M |
| EBITDA | $666M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $838M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $172M |
| Other Expenses | $91M |
| Operating Expenses | $263M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $575M |
| Interest Income | $18M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $577M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $436M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $91M |
| EBIT | $575M |
| EBITDA | $666M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $436M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $561M |
| Capital Expenditure | -$161M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $165M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$443M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$401.0K |
| NET CASH FROM FINANCING | -$444M |
| FREE CASH FLOW | $401M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $845M |
| Short-Term Investments | $702M |
| Net Receivables | $186M |
| Inventory | $40M |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $6.7B |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $549M |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $216M |
| Short-Term Debt | $0 |
| Deferred Revenue | $207M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $4.8B |
| Net Debt | $3.9B |
