| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 4.4% | 10.2% |
| Op. Income | $278M | $259M | $247M | 7.3% | 12.6% |
| Gross Margin | 42.6% | 42.7% | 43.1% | -0.1pp | -0.5pp |
| Net Margin | 13.9% | 13.0% | 13.1% | 0.9pp | 0.8pp |
| EPS (Diluted) | $4.43 | $3.99 | $3.77 | 11.0% | 17.5% |
| Free Cash Flow | $196M | $225M | $301M | -12.6% | -34.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $869M |
| GROSS PROFIT | $645M |
| R&D Expenses | $82M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | $55M |
| Operating Expenses | $366M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $261M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $87M |
| EBIT | $278M |
| EBITDA | $365M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $869M |
| GROSS PROFIT | $645M |
| R&D Expenses | $82M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | $55M |
| Operating Expenses | $366M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $261M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $87M |
| EBIT | $278M |
| EBITDA | $365M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $210M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$134M |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$346M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$344M |
| FREE CASH FLOW | $196M |
| Net Change in Cash | -$151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.0B |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $825M |
| Goodwill | $8.7B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $538M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $450M |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $367M |
| Other Non-Current Liabilities | $460M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$220M |
| Accum. Other Comp. Income | -$458M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $6M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
