| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.3B | — | -2.8% | — |
| Op. Income | $420M | $558M | — | -24.7% | — |
| Gross Margin | 26.3% | 28.3% | — | -2.1pp | — |
| Net Margin | 7.4% | 10.6% | — | -3.2pp | — |
| EPS (Diluted) | $0.80 | $1.20 | — | -33.3% | — |
| Free Cash Flow | $121M | $283M | — | -57.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $854M |
| R&D Expenses | $0 |
| Selling & Marketing | $129M |
| General & Administrative | $206M |
| SG&A Expenses | $335M |
| Other Expenses | $99M |
| Operating Expenses | $434M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $420M |
| Interest Income | $27M |
| Interest Expense | $156M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $429M |
| EBIT | $410M |
| EBITDA | $839M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $854M |
| R&D Expenses | $0 |
| Selling & Marketing | $129M |
| General & Administrative | $206M |
| SG&A Expenses | $335M |
| Other Expenses | $99M |
| Operating Expenses | $434M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $420M |
| Interest Income | $27M |
| Interest Expense | $156M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $429M |
| EBIT | $410M |
| EBITDA | $839M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $242M |
| Depreciation & Amortization | $429M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $687M |
| Capital Expenditure | -$566M |
| Acquisitions (Net) | $71.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$574M |
| Net Debt Issuance | $339M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | -$294M |
| Other Financing Activities | -$111M |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $20M |
| Net Receivables | $1.5B |
| Inventory | $459M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $11.0B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $13M |
| Tax Assets | $6M |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $2.0B |
| Short-Term Debt | $165M |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | $773M |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $339M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.2B |
| Treasury Stock | -$152M |
| Accum. Other Comp. Income | -$8.2B |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | -$11M |
| TOTAL EQUITY | $903M |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $7.5B |
| Net Debt | $5.4B |
