| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.5B | $5.5B | 10.6% | -8.2% |
| Op. Income | $219M | $88M | $217M | 149.1% | 1.0% |
| Gross Margin | 5.4% | 10.7% | 11.1% | -5.3pp | -5.7pp |
| Net Margin | 2.9% | 1.2% | 2.7% | 1.7pp | 0.3pp |
| EPS (Diluted) | $7.36 | $2.63 | $6.92 | 179.8% | 6.4% |
| Free Cash Flow | $137M | $41M | $143M | 236.9% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $270M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $67M |
| EBIT | $220M |
| EBITDA | $287M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $270M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $67M |
| EBIT | $220M |
| EBITDA | $287M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $800.0K |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$117M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$214M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $296M |
| Inventory | $398M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $3.4B |
| Goodwill | $328M |
| Intangible Assets | $146M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $916M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $976M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $343M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $469M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $646M |
| Minority Interest | $0 |
| TOTAL EQUITY | $646M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.6B |
| Net Debt | $2.5B |
