| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 4.6% | 7.1% |
| Op. Income | $82M | $64M | $71M | 27.5% | 14.8% |
| Gross Margin | 43.9% | 43.8% | 43.3% | 0.1pp | 0.5pp |
| Net Margin | 5.2% | 4.2% | 5.0% | 1.0pp | 0.2pp |
| EPS (Diluted) | $0.58 | $0.45 | $0.52 | 28.9% | 11.5% |
| Free Cash Flow | -$10M | $4M | $80M | -325.1% | -112.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $681M |
| GROSS PROFIT | $533M |
| R&D Expenses | $0 |
| Selling & Marketing | $376M |
| General & Administrative | $69M |
| SG&A Expenses | $446M |
| Other Expenses | $5M |
| Operating Expenses | $451M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $82M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $59M |
| EBIT | $82M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $681M |
| GROSS PROFIT | $533M |
| R&D Expenses | $0 |
| Selling & Marketing | $376M |
| General & Administrative | $69M |
| SG&A Expenses | $446M |
| Other Expenses | $5M |
| Operating Expenses | $451M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $82M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $59M |
| EBIT | $82M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $29.0K |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$94M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | -$525.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$296.0K |
| NET CASH FROM FINANCING | -$67.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $1.2B |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.4B |
| Goodwill | $258M |
| Intangible Assets | $148M |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $777M |
| Short-Term Debt | $2M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $560M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
