| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $407M | $139M | $403M | 193.7% | 1.2% |
| Op. Income | $139M | -$18M | $137M | 852.1% | 1.1% |
| Gross Margin | 51.6% | 29.6% | 49.6% | 22.1pp | 2.0pp |
| Net Margin | 18.6% | -13.9% | 31.1% | 32.6pp | -12.5pp |
| EPS (Diluted) | $1.56 | $-0.40 | $2.59 | 490.0% | -39.8% |
| Free Cash Flow | $104M | -$33M | $96M | 411.4% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $14M |
| Operating Expenses | $71M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $139M |
| Interest Income | $365.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $14M |
| EBIT | $138M |
| EBITDA | $153M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $14M |
| Operating Expenses | $71M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $139M |
| Interest Income | $365.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $14M |
| EBIT | $138M |
| EBITDA | $153M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$305.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $3M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $1.0B |
| Goodwill | $69M |
| Intangible Assets | $64M |
| Long-Term Investments | $7M |
| Tax Assets | $43M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $27M |
| Short-Term Debt | $24M |
| Deferred Revenue | $224M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $502M |
| Long-Term Debt | $585M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $529.0K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $172M |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
