| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.7B | $4.0B | 2.6% | -4.0% |
| Op. Income | $692M | $558M | $154M | 24.0% | 349.4% |
| Gross Margin | 58.9% | 58.0% | 59.1% | 0.9pp | -0.2pp |
| Net Margin | 10.9% | 8.6% | 1.5% | 2.3pp | 9.5pp |
| EPS (Diluted) | $0.22 | $0.17 | $0.03 | 29.4% | 628.5% |
| Free Cash Flow | $533M | $249M | $350M | 114.1% | 52.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $65M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $692M |
| Interest Income | $13M |
| Interest Expense | $107M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | $588M |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $420M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $420M |
| D&A | $142M |
| EBIT | $695M |
| EBITDA | $837M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $65M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $692M |
| Interest Income | $13M |
| Interest Expense | $107M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | $588M |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $420M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $420M |
| D&A | $142M |
| EBIT | $695M |
| EBITDA | $837M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $420M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $621M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$147M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$393M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$548M |
| FREE CASH FLOW | $533M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $1.8B |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $2.0B |
| Goodwill | $9.5B |
| Intangible Assets | $8.8B |
| Long-Term Investments | $0 |
| Tax Assets | $220M |
| Other Non-Current Assets | $730M |
| TOTAL NON-CURRENT ASSETS | $21.3B |
| TOTAL ASSETS | $27.1B |
| Account Payables | $2.6B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $252M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $881M |
| TOTAL NON-CURRENT LIABILITIES | $10.4B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $19M |
| Additional Paid-In Capital | $16.3B |
| Retained Earnings | -$136M |
| Treasury Stock | -$369M |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $27.1B |
| Total Debt | $8.7B |
| Net Debt | $7.7B |
