| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.1B | $9.4B | $9.7B | 7.8% | 3.8% |
| Op. Income | $374M | $229M | $353M | 63.3% | 5.9% |
| Gross Margin | 17.6% | 17.3% | 17.6% | 0.4pp | 0.1pp |
| Net Margin | 2.2% | 1.2% | 2.0% | 1.0pp | 0.2pp |
| EPS (Diluted) | $0.96 | $0.49 | $0.80 | 95.9% | 20.0% |
| Free Cash Flow | $257M | $307M | $413M | -16.3% | -37.8% |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $374M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $115M |
| EBIT | $374M |
| EBITDA | $489M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $374M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $115M |
| EBIT | $374M |
| EBITDA | $489M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $224M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | -$247M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$299M |
| FREE CASH FLOW | $257M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $1.6B |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.8B |
| Intangible Assets | $814M |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $430M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $2.5B |
| Short-Term Debt | $299M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $354M |
| Other Non-Current Liabilities | $538M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $5.0B |
| Net Debt | $5.0B |
