| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $639M | $635M | $624M | 0.7% | 2.5% |
| Op. Income | $178M | $165M | $186M | 8.2% | -4.1% |
| Gross Margin | 31.3% | 29.2% | 32.7% | 2.0pp | -1.4pp |
| Net Margin | 21.5% | 19.4% | 23.0% | 2.1pp | -1.5pp |
| EPS (Diluted) | $4.23 | $3.76 | $4.26 | 12.5% | -0.7% |
| Free Cash Flow | $96M | $61M | $167M | 58.7% | -42.4% |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $439M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $178M |
| Interest Income | $151.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $41M |
| EBIT | $209M |
| EBITDA | $250M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $439M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $178M |
| Interest Income | $151.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $41M |
| EBIT | $209M |
| EBITDA | $250M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $252M |
| Inventory | $370M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $671M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $591M |
| Long-Term Investments | $150M |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $133M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $253M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $322.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
