| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $762M | $715M | $741M | 6.6% | 2.8% |
| Op. Income | $22M | $815.0K | $38M | 2613.9% | -41.7% |
| Gross Margin | 19.5% | 19.0% | 22.0% | 0.6pp | -2.5pp |
| Net Margin | 0.3% | -0.6% | 3.2% | 0.8pp | -2.9pp |
| EPS (Diluted) | $0.01 | $-0.03 | $0.17 | 149.0% | -91.4% |
| Free Cash Flow | -$73M | -$45M | -$87M | -61.4% | 15.9% |
| Item | Amount |
|---|---|
| REVENUE | $762M |
| Cost of Revenue | $614M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $22M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $56M |
| EBIT | $23M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $762M |
| Cost of Revenue | $614M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $22M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $56M |
| EBIT | $23M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $215.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | -$73M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $474M |
| Short-Term Investments | $5M |
| Net Receivables | $462M |
| Inventory | $755M |
| Other Current Assets | $216M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $180M |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $179M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $707M |
| Long-Term Debt | $915M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $308M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $926M |
| Treasury Stock | -$225M |
| Accum. Other Comp. Income | $65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.0B |
| Net Debt | $567M |
