| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.4B | $1.8B | 33.9% | 2.7% |
| Op. Income | $458M | $194M | $398M | 136.1% | 15.1% |
| Gross Margin | 30.0% | 24.8% | 29.3% | 5.3pp | 0.7pp |
| Net Margin | 18.1% | 8.6% | 16.7% | 9.5pp | 1.4pp |
| EPS (Diluted) | $5.43 | $1.90 | $4.76 | 185.8% | 14.1% |
| Free Cash Flow | $208M | -$15M | -$138M | 1486.7% | 250.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $544M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | -$23M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $458M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $167M |
| EBIT | $468M |
| EBITDA | $635M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $544M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | -$23M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $458M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $167M |
| EBIT | $468M |
| EBITDA | $635M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $328M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | $387M |
| Capital Expenditure | -$179M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $208M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $0 |
| Net Receivables | $904M |
| Inventory | $1.2B |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $10.5B |
| Goodwill | $3.8B |
| Intangible Assets | $713M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $681M |
| TOTAL NON-CURRENT ASSETS | $15.7B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $336M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $885M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $3M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $5.8B |
| Net Debt | $5.6B |
