| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $432M | $420M | $426M | 2.7% | 1.4% |
| Op. Income | $37M | $27M | $35M | 35.4% | 4.1% |
| Gross Margin | 19.1% | 18.1% | 18.3% | 1.0pp | 0.9pp |
| Net Margin | 5.8% | 4.2% | 4.5% | 1.6pp | 1.4pp |
| EPS (Diluted) | $1.21 | $0.85 | $0.91 | 42.4% | 33.0% |
| Free Cash Flow | $33M | -$6M | -$2M | 698.1% | 1871.3% |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $83M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $5M |
| Operating Expenses | $46M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $37M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $83M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $5M |
| Operating Expenses | $46M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $37M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$47.0K |
| Other Non-Cash Items | $557.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$113.0K |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $198M |
| Inventory | $445M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $608M |
| Goodwill | $266M |
| Intangible Assets | $108M |
| Long-Term Investments | $611.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $132M |
| Short-Term Debt | $20M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $232M |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $599M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $346M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $886M |
| Treasury Stock | -$276M |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $911M |
| Minority Interest | $0 |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $511M |
| Net Debt | $499M |
