| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $355M | $338M | 7.6% | 13.2% |
| Op. Income | $47M | $41M | $46M | 14.2% | 2.0% |
| Gross Margin | 48.2% | 48.4% | 47.7% | -0.2pp | 0.6pp |
| Net Margin | 8.5% | 8.5% | 10.6% | 0.0pp | -2.1pp |
| EPS (Diluted) | $0.54 | $0.49 | $0.61 | 10.2% | -11.5% |
| Free Cash Flow | $105M | $19M | $57M | 450.1% | 83.4% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $184M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $143.0K |
| Operating Expenses | $138M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $47M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $34M |
| EBIT | $50M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $184M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $143.0K |
| Operating Expenses | $138M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $47M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $34M |
| EBIT | $50M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | $22M |
| Acquisitions (Net) | -$122M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$143M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $344M |
| Short-Term Investments | $0 |
| Net Receivables | $224M |
| Inventory | $323M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $923M |
| PP&E (Net) | $499M |
| Goodwill | $505M |
| Intangible Assets | $562M |
| Long-Term Investments | $48M |
| Tax Assets | $16M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $732M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $872M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $735M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $758M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $821M |
| Net Debt | $477M |
