| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.3B | — | 12.4% | — |
| Op. Income | $269M | $204M | — | 31.9% | — |
| Gross Margin | 19.1% | 19.2% | — | -0.1pp | — |
| Net Margin | 6.6% | 6.3% | — | 0.3pp | — |
| EPS (Diluted) | $1.35 | $1.13 | — | 19.5% | — |
| Free Cash Flow | $294M | -$180M | — | 263.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $709M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $440M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $301M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $100M |
| EBIT | $332M |
| EBITDA | $432M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $709M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $440M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $301M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $100M |
| EBIT | $332M |
| EBITDA | $432M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$358M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$372M |
| FREE CASH FLOW | $294M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $877M |
| Inventory | $4.3B |
| Other Current Assets | $777M |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $2.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $585M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $1.1B |
| Short-Term Debt | $410M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $23M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$514M |
| Accum. Other Comp. Income | -$169M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $4.1B |
| Net Debt | $2.7B |
