| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 7.0% | 8.2% |
| Op. Income | $189M | $190M | $202M | -0.5% | -6.6% |
| Gross Margin | 46.0% | 46.2% | 47.9% | -0.1pp | -1.8pp |
| Net Margin | 9.3% | 10.2% | 10.1% | -1.0pp | -0.9pp |
| EPS (Diluted) | $0.53 | $0.55 | $0.54 | -3.6% | -1.9% |
| Free Cash Flow | $208M | $75M | $281M | 178.3% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $546M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $135M |
| Operating Expenses | $357M |
| Cost & Expenses | $997M |
| OPERATING INCOME | $189M |
| Interest Income | $4M |
| Interest Expense | $48M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $200.0K |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $156M |
| EBIT | $193M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $546M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $135M |
| Operating Expenses | $357M |
| Cost & Expenses | $997M |
| OPERATING INCOME | $189M |
| Interest Income | $4M |
| Interest Expense | $48M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $200.0K |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $156M |
| EBIT | $193M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $327M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $208M |
| Net Change in Cash | $134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $710M |
| Short-Term Investments | $0 |
| Net Receivables | $851M |
| Inventory | $95M |
| Other Current Assets | $226M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $3.0B |
| Goodwill | $4.5B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $171M |
| Short-Term Debt | $140M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $609M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $10M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $4.2B |
| Net Debt | $3.5B |
