| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $887M | $1.1B | 18.0% | -5.2% |
| Op. Income | $10M | $5M | $151M | 110.1% | -93.6% |
| Gross Margin | 42.6% | 37.5% | 44.4% | 5.1pp | -1.8pp |
| Net Margin | -1.7% | 0.0% | 8.8% | -1.7pp | -10.5pp |
| EPS (Diluted) | $-0.18 | $0.00 | $0.99 | -4286.0% | -118.2% |
| Free Cash Flow | $95M | $43M | $64M | 121.3% | 47.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $601M |
| GROSS PROFIT | $445M |
| R&D Expenses | $201M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $127M |
| Operating Expenses | $436M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $76M |
| EBIT | $25M |
| EBITDA | $101M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $132M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $594M |
| Inventory | $694M |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $847M |
| Goodwill | $2.4B |
| Intangible Assets | $446M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $322M |
| Short-Term Debt | $412M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $246M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $2.0B |
| Net Debt | $865M |
