| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $973M | $936M | — | 4.0% | — |
| Op. Income | $135M | $111M | — | 21.6% | — |
| Gross Margin | 46.6% | 47.4% | — | -0.9pp | — |
| Net Margin | 6.4% | 5.6% | — | 0.8pp | — |
| EPS (Diluted) | $0.92 | $0.77 | — | 19.5% | — |
| Free Cash Flow | $136M | $123M | — | 10.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $453M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $67M |
| Operating Expenses | $318M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $135M |
| Interest Income | $4M |
| Interest Expense | $55M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $87M |
| EBIT | $130M |
| EBITDA | $217M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $453M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $67M |
| Operating Expenses | $318M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $135M |
| Interest Income | $4M |
| Interest Expense | $55M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $87M |
| EBIT | $130M |
| EBITDA | $217M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$112M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $674M |
| Short-Term Investments | $0 |
| Net Receivables | $649M |
| Inventory | $918M |
| Other Current Assets | $243M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $2.6B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $421M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $355M |
| Short-Term Debt | $51M |
| Deferred Revenue | $78M |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $832M |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $504M |
| Other Non-Current Liabilities | $322M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $559M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $4.7B |
| Net Debt | $4.0B |
