| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | — | -2.8% | — |
| Op. Income | $198M | -$903M | — | 121.9% | — |
| Gross Margin | 37.3% | 36.4% | — | 0.9pp | — |
| Net Margin | 22.1% | -35.8% | — | 57.9pp | — |
| EPS (Diluted) | $2.38 | $-3.98 | — | 159.8% | — |
| Free Cash Flow | $146M | -$52M | — | 380.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $182M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $483M |
| Other Expenses | $167M |
| Operating Expenses | $832M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | $336M |
| INCOME BEFORE TAX | $534M |
| Income Tax Expense | -$78M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $612M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $612M |
| D&A | $242M |
| EBIT | $595M |
| EBITDA | $837M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $182M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $483M |
| Other Expenses | $167M |
| Operating Expenses | $832M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | $336M |
| INCOME BEFORE TAX | $534M |
| Income Tax Expense | -$78M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $612M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $612M |
| D&A | $242M |
| EBIT | $595M |
| EBITDA | $837M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $612M |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$102M |
| Other Non-Cash Items | -$410M |
| Change in Working Capital | -$133M |
| OPERATING CASH FLOW | $241M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $2.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2.7B |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$102M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $203M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $816M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $2.5B |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $4.6B |
| Goodwill | $8.3B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $16M |
| Tax Assets | $244M |
| Other Non-Current Assets | $666M |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $125M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $860M |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $35M |
| Additional Paid-In Capital | $19.9B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$917M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.4B |
| Minority Interest | $32M |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $6.8B |
| Net Debt | $6.0B |
