| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B | $2.8B | 1.8% | 7.1% |
| Op. Income | $452M | $400M | $411M | 13.1% | 10.0% |
| Gross Margin | 45.2% | 44.2% | 44.4% | 1.0pp | 0.8pp |
| Net Margin | 9.2% | 7.4% | 8.9% | 1.8pp | 0.2pp |
| EPS (Diluted) | $0.17 | $0.13 | $0.15 | 29.2% | 13.5% |
| Free Cash Flow | $731M | $538M | $706M | 35.9% | 3.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $316M |
| General & Administrative | $327M |
| SG&A Expenses | $643M |
| Other Expenses | $239M |
| Operating Expenses | $881M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $452M |
| Interest Income | $59M |
| Interest Expense | $48M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $743M |
| EBIT | $361M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $316M |
| General & Administrative | $327M |
| SG&A Expenses | $643M |
| Other Expenses | $239M |
| Operating Expenses | $881M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $452M |
| Interest Income | $59M |
| Interest Expense | $48M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $743M |
| EBIT | $361M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $271M |
| Depreciation & Amortization | $743M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $227M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$452M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$433M |
| Net Debt Issuance | -$209M |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | -$377M |
| Other Financing Activities | $187M |
| NET CASH FROM FINANCING | -$495M |
| FREE CASH FLOW | $731M |
| Net Change in Cash | $256M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $200M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $9.1B |
| Goodwill | $5.4B |
| Intangible Assets | $4.3B |
| Long-Term Investments | $120M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $25.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $435M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $726M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $826M |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $12.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $13M |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $25.5B |
| Total Debt | $4.1B |
| Net Debt | $2.2B |
