| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $834M | $804M | $713M | 3.7% | 17.0% |
| Op. Income | $80M | $77M | $69M | 3.5% | 15.3% |
| Gross Margin | 12.1% | 12.3% | 12.4% | -0.2pp | -0.3pp |
| Net Margin | 10.4% | 9.6% | 9.7% | 0.8pp | 0.7pp |
| EPS (Diluted) | $2.38 | $2.13 | $1.89 | 11.7% | 25.9% |
| Free Cash Flow | $94M | $63M | $74M | 49.4% | 27.0% |
| Item | Amount |
|---|---|
| REVENUE | $834M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $46.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $80M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $13M |
| EBIT | $95M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $834M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $46.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $754M |
| OPERATING INCOME | $80M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $13M |
| EBIT | $95M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$772.0K |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$31.0K |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$494.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $531M |
| Net Receivables | $680M |
| Inventory | $489M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $330M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $592.0K |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $529M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $663M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $699M |
| Common Stock | $396.0K |
| Additional Paid-In Capital | $218M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$303M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $6M |
| Net Debt | -$398M |
