| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $1.1B | 19.2% | 26.5% |
| Op. Income | $156M | $56M | $62M | 176.6% | 150.0% |
| Gross Margin | 19.8% | 14.3% | 14.0% | 5.5pp | 5.8pp |
| Net Margin | 8.7% | 3.4% | 3.9% | 5.3pp | 4.8pp |
| EPS (Diluted) | $2.61 | $0.84 | $0.94 | 210.7% | 177.7% |
| Free Cash Flow | $169M | $6M | $49M | 2581.0% | 247.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $60M |
| Operating Expenses | $113M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $48M |
| EBIT | $156M |
| EBITDA | $204M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $60M |
| Operating Expenses | $113M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $48M |
| EBIT | $156M |
| EBITDA | $204M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$164M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$170M |
| FREE CASH FLOW | $169M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $90M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $211M |
| PP&E (Net) | $2.0B |
| Goodwill | $195M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $106M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $164M |
| Short-Term Debt | $0 |
| Deferred Revenue | $81M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $644M |
| Long-Term Debt | $561M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $705M |
| Retained Earnings | -$40M |
| Treasury Stock | -$533M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
