| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $5.9B | $6.0B | 5.1% | 3.4% |
| Op. Income | $423M | $343M | $428M | 23.3% | -1.3% |
| Gross Margin | 37.7% | 37.1% | 36.6% | 0.7pp | 1.1pp |
| Net Margin | 4.1% | 3.3% | 5.0% | 0.8pp | -0.8pp |
| EPS (Diluted) | $1.83 | $1.40 | $2.11 | 30.7% | -13.3% |
| Free Cash Flow | $81M | -$161M | $150M | 150.4% | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $131M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $123M |
| EBIT | $379M |
| EBITDA | $502M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $131M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $123M |
| EBIT | $379M |
| EBITDA | $502M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $255M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$543M |
| Change in Working Capital | $359M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | $146M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$143M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $458M |
| Short-Term Investments | $0 |
| Net Receivables | $3.6B |
| Inventory | $5.8B |
| Other Current Assets | $501M |
| TOTAL CURRENT ASSETS | $10.5B |
| PP&E (Net) | $4.0B |
| Goodwill | $3.1B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $955M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $20.4B |
| Account Payables | $6.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $430M |
| Other Non-Current Liabilities | $709M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $139M |
| Additional Paid-In Capital | $205M |
| Retained Earnings | $5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $16M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $20.4B |
| Total Debt | $6.4B |
| Net Debt | $6.0B |
