| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $971M | $830M | 5.8% | 23.7% |
| Op. Income | $52M | $51M | $42M | 3.0% | 26.2% |
| Gross Margin | 33.3% | 33.4% | 32.7% | -0.0pp | 0.6pp |
| Net Margin | 4.2% | 4.2% | 4.0% | -0.1pp | 0.2pp |
| EPS (Diluted) | $0.77 | $0.75 | $0.60 | 2.7% | 28.3% |
| Free Cash Flow | $48M | $96M | -$32M | -49.9% | 249.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $684M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $48M |
| Operating Expenses | $290M |
| Cost & Expenses | $974M |
| OPERATING INCOME | $52M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $48M |
| EBIT | $52M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $684M |
| GROSS PROFIT | $342M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $48M |
| Operating Expenses | $290M |
| Cost & Expenses | $974M |
| OPERATING INCOME | $52M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $48M |
| EBIT | $52M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $660.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $563M |
| Short-Term Investments | $107M |
| Net Receivables | $5M |
| Inventory | $800M |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $372M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $925M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $550.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.0B |
| Net Debt | $1.5B |
