| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.2B | $3.5B | 14.9% | 5.0% |
| Op. Income | $452M | $366M | $470M | 23.5% | -3.8% |
| Gross Margin | 37.1% | 36.7% | 36.7% | 0.4pp | 0.3pp |
| Net Margin | 10.5% | 8.3% | 10.4% | 2.1pp | 0.0pp |
| EPS (Diluted) | $4.71 | $3.24 | $4.37 | 45.4% | 7.8% |
| Free Cash Flow | $296M | -$87M | $180M | 441.8% | 64.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $879M |
| Other Expenses | $20M |
| Operating Expenses | $899M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $452M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $58M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $381M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $381M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $381M |
| D&A | $106M |
| EBIT | $526M |
| EBITDA | $632M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $879M |
| Other Expenses | $20M |
| Operating Expenses | $899M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $452M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $58M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $381M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $381M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $381M |
| D&A | $106M |
| EBIT | $526M |
| EBITDA | $632M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $381M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $558M |
| Capital Expenditure | -$261M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$263M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$96M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $296M |
| Net Change in Cash | $195M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $254M |
| Inventory | $3.4B |
| Other Current Assets | $165M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $4.9B |
| Goodwill | $246M |
| Intangible Assets | $59M |
| Long-Term Investments | $120M |
| Tax Assets | $3M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $505M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $792.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$426.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $4.6B |
| Net Debt | $3.4B |
