| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $612M | $580M | — | 5.5% | — |
| Op. Income | $76M | $75M | — | 1.3% | — |
| Gross Margin | 22.6% | 23.2% | — | -0.6pp | — |
| Net Margin | 9.8% | 4.3% | — | 5.4pp | — |
| EPS (Diluted) | $0.36 | $0.14 | — | 157.9% | — |
| Free Cash Flow | -$38M | $82M | — | -146.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $63M |
| Operating Expenses | $63M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $42M |
| EBIT | $78M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $63M |
| Operating Expenses | $63M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $42M |
| EBIT | $78M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $3M |
| Net Receivables | $644M |
| Inventory | $395M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $855M |
| Goodwill | $428M |
| Intangible Assets | $33M |
| Long-Term Investments | $28M |
| Tax Assets | $19M |
| Other Non-Current Assets | $373M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $470M |
| Short-Term Debt | $0 |
| Deferred Revenue | $395M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $964M |
| Long-Term Debt | $679M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $793M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $501M |
| Additional Paid-In Capital | $669M |
| Retained Earnings | $157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $753M |
| Net Debt | $682M |
