| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $594M | $613M | 5.3% | 2.0% |
| Op. Income | $94M | $77M | $96M | 21.8% | -2.0% |
| Gross Margin | 42.6% | 42.2% | 43.6% | 0.4pp | -1.0pp |
| Net Margin | 7.6% | 16.5% | 15.2% | -8.9pp | -7.6pp |
| EPS (Diluted) | $0.20 | $0.40 | $0.38 | -50.0% | -47.4% |
| Free Cash Flow | $55M | $15M | $54M | 266.0% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $266M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $38M |
| EBIT | $76M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $266M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $38M |
| EBIT | $76M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $0 |
| Net Receivables | $497M |
| Inventory | $284M |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $297M |
| Goodwill | $2.2B |
| Intangible Assets | $706M |
| Long-Term Investments | $0 |
| Tax Assets | $178M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $148M |
| Short-Term Debt | $200.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $355M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $102M |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$911M |
| Treasury Stock | -$374M |
| Accum. Other Comp. Income | -$318M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $15M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
