| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $877M | $806M | $785M | 8.8% | 11.7% |
| Op. Income | $156M | $129M | $129M | 21.0% | 21.3% |
| Gross Margin | 37.2% | 36.3% | 36.2% | 0.9pp | 1.0pp |
| Net Margin | 13.8% | 12.6% | 12.7% | 1.2pp | 1.1pp |
| EPS (Diluted) | $3.19 | $2.68 | $2.58 | 19.0% | 23.6% |
| Free Cash Flow | $117M | -$55M | $100M | 314.9% | 16.9% |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $550M |
| GROSS PROFIT | $326M |
| R&D Expenses | $23M |
| Selling & Marketing | $42M |
| General & Administrative | $104M |
| SG&A Expenses | $146M |
| Other Expenses | $707.0K |
| Operating Expenses | $170M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $458.0K |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $31M |
| EBIT | $167M |
| EBITDA | $199M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $550M |
| GROSS PROFIT | $326M |
| R&D Expenses | $23M |
| Selling & Marketing | $42M |
| General & Administrative | $104M |
| SG&A Expenses | $146M |
| Other Expenses | $707.0K |
| Operating Expenses | $170M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $458.0K |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $31M |
| EBIT | $167M |
| EBITDA | $199M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $294.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$79M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $0 |
| Net Receivables | $962M |
| Inventory | $611M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $552M |
| Goodwill | $1.7B |
| Intangible Assets | $570M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $261M |
| Short-Term Debt | $0 |
| Deferred Revenue | $500M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $958M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $145M |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $49M |
| Additional Paid-In Capital | $150M |
| Retained Earnings | $4.1B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$168M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.1B |
| Net Debt | $798M |
