| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.6B | 3.4% | 1.0% |
| Op. Income | $246M | $225M | $234M | 9.1% | 5.0% |
| Gross Margin | 37.5% | 37.6% | 37.7% | -0.1pp | -0.2pp |
| Net Margin | 10.5% | 10.1% | 11.2% | 0.4pp | -0.7pp |
| EPS (Diluted) | $0.65 | $0.60 | $0.68 | 8.3% | -4.4% |
| Free Cash Flow | -$2M | $78M | $95M | -103.1% | -102.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $623M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $364M |
| Other Expenses | $13M |
| Operating Expenses | $377M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $57M |
| EBIT | $256M |
| EBITDA | $313M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $623M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $364M |
| Other Expenses | $13M |
| Operating Expenses | $377M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $57M |
| EBIT | $256M |
| EBITDA | $313M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$188M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $141M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$121M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $585M |
| Inventory | $1.3B |
| Other Current Assets | $150M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $5.3B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $823M |
| Other Non-Current Liabilities | $452M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$401M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $29M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $4.5B |
| Net Debt | $4.3B |
