| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | — | $339M | — | 0.6% |
| Op. Income | $81M | — | $78M | — | 3.6% |
| Gross Margin | 31.2% | — | 30.2% | — | 1.0pp |
| Net Margin | 21.4% | — | 14.8% | — | 6.5pp |
| EPS (Diluted) | $1.46 | — | $0.94 | — | 55.3% |
| Free Cash Flow | $80M | — | $72M | — | 11.0% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | -$5M |
| Operating Expenses | $26M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $81M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $6M |
| NET INCOME | $73M |
| D&A | $37M |
| EBIT | $95M |
| EBITDA | $132M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | -$5M |
| Operating Expenses | $26M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $81M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $6M |
| NET INCOME | $73M |
| D&A | $37M |
| EBIT | $95M |
| EBITDA | $132M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$287.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $0 |
| Net Receivables | $316M |
| Inventory | $24M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $725M |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $49M |
| Short-Term Debt | $93M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $343M |
| Long-Term Debt | $532M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $595M |
| TOTAL LIABILITIES | $938M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$524M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | -$3M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $625M |
| Net Debt | $256M |
