| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.8B | 6.2% | 2.7% |
| Op. Income | $328M | $291M | $290M | 12.8% | 13.2% |
| Gross Margin | 47.1% | 44.3% | 46.2% | 2.8pp | 0.9pp |
| Net Margin | 13.5% | 13.4% | 12.6% | 0.1pp | 0.9pp |
| EPS (Diluted) | $2.00 | $1.85 | $1.74 | 8.1% | 14.9% |
| Free Cash Flow | $231M | $61M | $215M | 280.0% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $972M |
| GROSS PROFIT | $865M |
| R&D Expenses | $0 |
| Selling & Marketing | $133M |
| General & Administrative | $403M |
| SG&A Expenses | $537M |
| Other Expenses | $0 |
| Operating Expenses | $537M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $328M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $57M |
| EBIT | $337M |
| EBITDA | $394M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $972M |
| GROSS PROFIT | $865M |
| R&D Expenses | $0 |
| Selling & Marketing | $133M |
| General & Administrative | $403M |
| SG&A Expenses | $537M |
| Other Expenses | $0 |
| Operating Expenses | $537M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $328M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | $57M |
| EBIT | $337M |
| EBITDA | $394M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $248M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $148M |
| Change in Working Capital | -$129M |
| OPERATING CASH FLOW | $283M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$199M |
| Common Dividends Paid | -$81M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$291M |
| FREE CASH FLOW | $231M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $986M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $1.4B |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $96M |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $602M |
| Short-Term Debt | $0 |
| Deferred Revenue | $578M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $544M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.4B |
| Net Debt | $408M |
