| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $6.3B | $6.9B | 3.7% | -5.6% |
| Op. Income | $297M | $233M | $281M | 27.5% | 5.7% |
| Gross Margin | 8.1% | 7.5% | 7.5% | 0.7pp | 0.6pp |
| Net Margin | 3.3% | 2.2% | 3.3% | 1.1pp | -0.0pp |
| EPS (Diluted) | $0.54 | $0.34 | $0.51 | 58.8% | 5.9% |
| Free Cash Flow | $216M | $229M | $205M | -5.7% | 5.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $531M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $18M |
| Operating Expenses | $234M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $297M |
| Interest Income | $16M |
| Interest Expense | $46M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $131M |
| EBIT | $317M |
| EBITDA | $448M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $531M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $18M |
| Operating Expenses | $234M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $297M |
| Interest Income | $16M |
| Interest Expense | $46M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $131M |
| EBIT | $317M |
| EBITDA | $448M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $214M |
| Depreciation & Amortization | $131M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $319M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $62.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $483M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $358M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $5.5B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.1B |
| Intangible Assets | $223M |
| Long-Term Investments | $0 |
| Tax Assets | $657M |
| Other Non-Current Assets | $374M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $5.1B |
| Short-Term Debt | $531M |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $779M |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $623M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $799M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $4.2B |
| Net Debt | $1.6B |
