| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $581M | $478M | $599M | 21.4% | -3.1% |
| Op. Income | $59M | $20M | $70M | 190.1% | -16.0% |
| Gross Margin | 44.1% | 40.1% | 43.1% | 4.1pp | 1.1pp |
| Net Margin | 5.0% | -0.4% | 6.0% | 5.4pp | -1.0pp |
| EPS (Diluted) | $0.60 | $-0.04 | $0.72 | 1492.1% | -16.7% |
| Free Cash Flow | $28M | -$132M | $118M | 121.1% | -76.2% |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $325M |
| GROSS PROFIT | $256M |
| R&D Expenses | $14M |
| Selling & Marketing | $66M |
| General & Administrative | $106M |
| SG&A Expenses | $171M |
| Other Expenses | $12M |
| Operating Expenses | $197M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $62M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $325M |
| GROSS PROFIT | $256M |
| R&D Expenses | $14M |
| Selling & Marketing | $66M |
| General & Administrative | $106M |
| SG&A Expenses | $171M |
| Other Expenses | $12M |
| Operating Expenses | $197M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $62M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$300.0K |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $200.0K |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $512M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $345M |
| Goodwill | $1.3B |
| Intangible Assets | $930M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $216M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$979M |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
