| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $766M | $698M | $702M | 9.7% | 9.1% |
| Op. Income | $158M | $128M | $131M | 23.2% | 20.9% |
| Gross Margin | 35.7% | 33.3% | 32.9% | 2.3pp | 2.7pp |
| Net Margin | 17.2% | 12.9% | 15.9% | 4.3pp | 1.3pp |
| EPS (Diluted) | $1.82 | $1.23 | $1.51 | 48.0% | 20.5% |
| Free Cash Flow | $102M | $58M | $65M | 75.4% | 57.3% |
| Item | Amount |
|---|---|
| REVENUE | $766M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $273M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $158M |
| Interest Income | $4M |
| Interest Expense | $100.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $41M |
| EBIT | $157M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $766M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $273M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $158M |
| Interest Income | $4M |
| Interest Expense | $100.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $41M |
| EBIT | $157M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$100.0K |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $510M |
| Short-Term Investments | $0 |
| Net Receivables | $582M |
| Inventory | $421M |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.8B |
| Goodwill | $111M |
| Intangible Assets | $10M |
| Long-Term Investments | $225M |
| Tax Assets | $30M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $239M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $605M |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $419M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $303M |
| Net Debt | -$206M |
