| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | — | $4.7B | — | 12.7% |
| Op. Income | $670M | — | $651M | — | 2.9% |
| Net Margin | 10.1% | — | 10.3% | — | -0.2pp |
| EPS (Diluted) | $0.87 | — | $0.79 | — | 10.1% |
| Free Cash Flow | $143M | — | $265M | — | -46.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.4B |
| Operating Expenses | $4.4B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $670M |
| Interest Income | $4M |
| Interest Expense | $9M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $690M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $547M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $535M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $535M |
| D&A | $220M |
| EBIT | $700M |
| EBITDA | $920M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $535M |
| Depreciation & Amortization | $220M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$435M |
| OPERATING CASH FLOW | $319M |
| Capital Expenditure | -$177M |
| Acquisitions (Net) | $20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$179M |
| NET CASH FROM FINANCING | -$184M |
| FREE CASH FLOW | $143M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $644M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $1.2B |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $621M |
| Intangible Assets | $837M |
| Long-Term Investments | $0 |
| Tax Assets | $703M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $4.4B |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $254M |
| Other Non-Current Liabilities | $331M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$13.0B |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $20M |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $4.5B |
| Net Debt | $3.9B |
