| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524M | — | $499M | — | 5.0% |
| Op. Income | $193M | — | $167M | — | 16.1% |
| Gross Margin | 39.5% | — | 36.1% | — | 3.4pp |
| Net Margin | 18.1% | — | 25.7% | — | -7.5pp |
| EPS (Diluted) | $0.65 | — | $0.83 | — | -21.7% |
| Free Cash Flow | $61M | — | $29M | — | 106.1% |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $193M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | -$4.0K |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $27M |
| EBIT | $170M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $193M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | -$4.0K |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $27M |
| EBIT | $170M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $78.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$69.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $150M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $323M |
| PP&E (Net) | $828M |
| Goodwill | $602M |
| Intangible Assets | $157M |
| Long-Term Investments | $0 |
| Tax Assets | $68M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $43M |
| Short-Term Debt | $36M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $433M |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $550M |
| TOTAL LIABILITIES | $983M |
| Common Stock | $590.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $323M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$380M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $449M |
| Net Debt | $314M |
