| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.8B | $2.1B | -6.8% | 26.0% |
| Op. Income | $193M | $369M | $288M | -47.8% | -33.0% |
| Gross Margin | 30.5% | 33.7% | 40.2% | -3.2pp | -9.7pp |
| Net Margin | 2.4% | 8.0% | 8.7% | -5.6pp | -6.3pp |
| EPS (Diluted) | $0.31 | $1.10 | $0.89 | -71.8% | -65.2% |
| Free Cash Flow | -$46M | $251M | $195M | -118.5% | -123.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $796M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $603M |
| Other Expenses | $255.0K |
| Operating Expenses | $603M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $193M |
| Interest Income | $11M |
| Interest Expense | $57M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $86M |
| 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 | $124M |
| EBIT | $206M |
| EBITDA | $330M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $796M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $603M |
| Other Expenses | $255.0K |
| Operating Expenses | $603M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $193M |
| Interest Income | $11M |
| Interest Expense | $57M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $86M |
| 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 | $124M |
| EBIT | $206M |
| EBITDA | $330M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $215M |
| Change in Working Capital | -$303M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$159M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | -$289M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$271M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$560M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $912M |
| Short-Term Investments | $0 |
| Net Receivables | $820M |
| Inventory | $1.8B |
| Other Current Assets | $714M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $3.4B |
| Goodwill | $2.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $204M |
| Tax Assets | $41M |
| Other Non-Current Assets | $907M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $737M |
| Short-Term Debt | $468M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $409M |
| Other Non-Current Liabilities | $342M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $222M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$270M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $6.0B |
| Net Debt | $5.1B |
