| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $884M | $773M | $835M | 14.4% | 5.8% |
| Op. Income | $124M | $94M | $121M | 31.5% | 2.2% |
| Gross Margin | 27.2% | 24.5% | 28.1% | 2.6pp | -0.9pp |
| Net Margin | 12.3% | 11.3% | 11.7% | 1.1pp | 0.7pp |
| EPS (Diluted) | $1.78 | $1.42 | $1.56 | 25.4% | 14.1% |
| Free Cash Flow | $59M | $942.0K | $83M | 6206.7% | -28.3% |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $644M |
| GROSS PROFIT | $240M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $760M |
| OPERATING INCOME | $124M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $28M |
| EBIT | $124M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $644M |
| GROSS PROFIT | $240M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $760M |
| OPERATING INCOME | $124M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $28M |
| EBIT | $124M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $43M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $0 |
| Net Receivables | $853M |
| Inventory | $635M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $929M |
| Goodwill | $792M |
| Intangible Assets | $412M |
| Long-Term Investments | $65M |
| Tax Assets | $86M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $269M |
| Short-Term Debt | $422M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $980M |
| Long-Term Debt | $490M |
| Deferred Revenue NC | $433M |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $932M |
| Net Debt | $568M |
