| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $588M | $454M | $579M | 29.5% | 1.5% |
| Op. Income | $82M | $34M | $71M | 143.0% | 15.9% |
| Gross Margin | 49.8% | 48.3% | 46.0% | 1.4pp | 3.7pp |
| Net Margin | 10.3% | 5.4% | 9.0% | 4.9pp | 1.2pp |
| EPS (Diluted) | $5.45 | $2.16 | $4.40 | 152.3% | 23.9% |
| Free Cash Flow | $112M | -$8M | $76M | 1506.5% | 48.4% |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $295M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $160M |
| General & Administrative | $46M |
| SG&A Expenses | $205M |
| Other Expenses | $5M |
| Operating Expenses | $210M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $82M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $22M |
| EBIT | $87M |
| EBITDA | $109M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $295M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $160M |
| General & Administrative | $46M |
| SG&A Expenses | $205M |
| Other Expenses | $5M |
| Operating Expenses | $210M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $82M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $22M |
| EBIT | $87M |
| EBITDA | $109M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$428.0K |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $134M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $627M |
| Goodwill | $113M |
| Intangible Assets | $16M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $802M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $113M |
| Short-Term Debt | $12M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $265M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $110.0K |
| Additional Paid-In Capital | $687M |
| Retained Earnings | $225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$302.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $912M |
| Minority Interest | $0 |
| TOTAL EQUITY | $912M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $44M |
| Net Debt | -$169M |
