| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.3B | $2.8B | 18.1% | -4.0% |
| Op. Income | $292M | $175M | $261M | 66.3% | 11.8% |
| Gross Margin | 19.2% | 17.3% | 19.2% | 1.9pp | 0.0pp |
| Net Margin | 7.5% | 4.9% | 5.9% | 2.6pp | 1.6pp |
| EPS (Diluted) | $3.16 | $1.72 | $2.56 | 83.7% | 23.4% |
| Free Cash Flow | $49M | -$435M | -$251M | 111.2% | 119.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $525M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | $20M |
| Operating Expenses | $233M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $292M |
| Interest Income | $2M |
| Interest Expense | $30M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $56M |
| EBIT | $301M |
| EBITDA | $357M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $525M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | $20M |
| Operating Expenses | $233M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $292M |
| Interest Income | $2M |
| Interest Expense | $30M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $56M |
| EBIT | $301M |
| EBITDA | $357M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$168M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $2.5B |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.4B |
| Intangible Assets | $758M |
| Long-Term Investments | $0 |
| Tax Assets | $286M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $976M |
| Short-Term Debt | $399M |
| Deferred Revenue | $598M |
| Other Current Liabilities | $434M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $1.2B |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $545M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $849M |
| Retained Earnings | $4.6B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
