| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $847M | $861M | $904M | -1.6% | -6.3% |
| Op. Income | $55M | $51M | $5M | 7.1% | 964.9% |
| Gross Margin | 38.8% | 38.5% | 33.2% | 0.3pp | 5.6pp |
| Net Margin | 3.2% | 2.1% | -0.2% | 1.1pp | 3.4pp |
| EPS (Diluted) | $0.05 | $0.03 | $-0.00 | 41.7% | 1908.5% |
| Free Cash Flow | $5M | $215M | $389M | -97.5% | -98.6% |
| Item | Amount |
|---|---|
| REVENUE | $847M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $129M |
| General & Administrative | $128M |
| SG&A Expenses | $258M |
| Other Expenses | $16M |
| Operating Expenses | $273M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $55M |
| Interest Income | $70M |
| Interest Expense | $126M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $244M |
| EBIT | $55M |
| EBITDA | $298M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $847M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $129M |
| General & Administrative | $128M |
| SG&A Expenses | $258M |
| Other Expenses | $16M |
| Operating Expenses | $273M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $55M |
| Interest Income | $70M |
| Interest Expense | $126M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $244M |
| EBIT | $55M |
| EBITDA | $298M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $253M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$155M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$125M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$93M |
| NET CASH FROM FINANCING | -$294M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$293M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $31M |
| Other Current Assets | $268M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $3.6B |
| Goodwill | $774M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $2.7B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $611M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $684M |
| Short-Term Debt | $225M |
| Deferred Revenue | $86M |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $256M |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $250M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $226M |
| Additional Paid-In Capital | $768M |
| Retained Earnings | $6.3B |
| Treasury Stock | -$761M |
| Accum. Other Comp. Income | -$593M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $537M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $5.4B |
| Net Debt | $3.2B |
