| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.5B | $4.6B | 6.6% | 4.3% |
| Op. Income | $512M | $404M | $441M | 26.7% | 16.2% |
| Gross Margin | 15.0% | 12.4% | 15.2% | 2.6pp | -0.1pp |
| Net Margin | 7.5% | 6.6% | 7.2% | 0.8pp | 0.3pp |
| EPS (Diluted) | $1.49 | $1.24 | $1.37 | 20.2% | 8.8% |
| Free Cash Flow | $334M | $29M | $614M | 1067.8% | -45.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $715M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $3M |
| Operating Expenses | $203M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $512M |
| Interest Income | $11M |
| Interest Expense | $42M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $476M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $356M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $356M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $114M |
| EBIT | $518M |
| EBITDA | $632M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $715M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $3M |
| Operating Expenses | $203M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $512M |
| Interest Income | $11M |
| Interest Expense | $42M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $476M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $356M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $356M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $114M |
| EBIT | $518M |
| EBITDA | $632M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $356M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $495M |
| Capital Expenditure | -$161M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$159M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | -$87M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $334M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $849M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.9B |
| Other Current Assets | $259M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $3.5B |
| Goodwill | $1.4B |
| Intangible Assets | $860M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $1.4B |
| Short-Term Debt | $865.0K |
| Deferred Revenue | $49M |
| Other Current Liabilities | $512M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $426M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $15M |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $3.4B |
| Net Debt | $2.5B |
