| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.8B | 1.6% | 3.4% |
| Op. Income | $343M | $310M | $440M | 10.6% | -22.1% |
| Gross Margin | 28.7% | 26.7% | 35.2% | 2.0pp | -6.5pp |
| Net Margin | 15.2% | 13.4% | 24.3% | 1.7pp | -9.1pp |
| EPS (Diluted) | $0.11 | $0.10 | $0.17 | 14.5% | -35.5% |
| Free Cash Flow | $461M | $296M | $67M | 55.8% | 590.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $535M |
| R&D Expenses | $133M |
| Selling & Marketing | $19M |
| General & Administrative | $53M |
| SG&A Expenses | $72M |
| Other Expenses | -$13M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $343M |
| Interest Income | $20M |
| Interest Expense | $11M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $322M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $280M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $459M |
| EBIT | $332M |
| EBITDA | $791M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $535M |
| R&D Expenses | $133M |
| Selling & Marketing | $19M |
| General & Administrative | $53M |
| SG&A Expenses | $72M |
| Other Expenses | -$13M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $343M |
| Interest Income | $20M |
| Interest Expense | $11M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $322M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $280M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $459M |
| EBIT | $332M |
| EBITDA | $791M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $282M |
| Depreciation & Amortization | $459M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$124M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $700M |
| Capital Expenditure | -$239M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | -$119M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $156M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $461M |
| Net Change in Cash | $179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $369M |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $8.5B |
| Goodwill | $241.1K |
| Intangible Assets | $119M |
| Long-Term Investments | $2.2B |
| Tax Assets | $169M |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $270M |
| Short-Term Debt | $675M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $225M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $240M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $302M |
| Retained Earnings | $5.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $951M |
| Other Equity | $174M |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $6M |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $2.2B |
| Net Debt | -$1.4B |
