| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $2.1B | 6.3% | 17.2% |
| Op. Income | $99M | $113M | $148M | -12.4% | -33.1% |
| Gross Margin | 12.5% | 13.3% | 10.6% | -0.8pp | 1.9pp |
| Net Margin | 1.7% | 1.9% | 4.0% | -0.2pp | -2.2pp |
| EPS (Diluted) | $0.29 | $0.30 | $0.56 | -3.8% | -47.9% |
| Free Cash Flow | $37M | -$11M | $87M | 436.4% | -57.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $307M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $96M |
| Operating Expenses | $208M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $96M |
| EBIT | $97M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $307M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $96M |
| Operating Expenses | $208M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $96M |
| EBIT | $97M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $805M |
| Inventory | $1.3B |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $2.6B |
| Goodwill | $47M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $291M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $1.3B |
| Short-Term Debt | $54M |
| Deferred Revenue | $73M |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $526M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $513M |
| Retained Earnings | $152M |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | $200M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $780M |
| Minority Interest | $19M |
| TOTAL EQUITY | $799M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
