| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -0.3% | -2.3% |
| Op. Income | $43M | $16M | $2M | 163.0% | 1643.2% |
| Gross Margin | 39.3% | 38.2% | 38.1% | 1.2pp | 1.2pp |
| Net Margin | 0.9% | -0.8% | -1.6% | 1.7pp | 2.6pp |
| EPS (Diluted) | $0.05 | $-0.04 | $-0.09 | 216.4% | 153.8% |
| Free Cash Flow | $54M | -$44M | $42M | 222.6% | 28.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $903M |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $542M |
| Other Expenses | $0 |
| Operating Expenses | $542M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $43M |
| Interest Income | $909.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $746.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $49M |
| EBIT | $44M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $903M |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $542M |
| Other Expenses | $0 |
| Operating Expenses | $542M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $43M |
| Interest Income | $909.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $746.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $49M |
| EBIT | $44M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $609M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $940M |
| PP&E (Net) | $2.0B |
| Goodwill | $980M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $207M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $423M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $221M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $280.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
