- Revenue: USD 1,584,917,000; YoY +55.27%, QoQ +31.10%. The strength reflects broad demand and improved mix, with a growing contribution from direct-to-consumer and digital channels.
- Gross Profit: USD 974,010,000; Gross Margin 61.45%; YoY +43.77%, QoQ +23.77%. Margin expansion driven by favorable mix and pricing actions.
- Operating Income: USD 256,064,000; Operating Margin 16.16%; YoY +97.20%, QoQ +42.83%. Operating leverage from higher net revenue and disciplined Opex leading to margin expansion.
- Net Income: USD 187,226,000; Net Margin 11.81%; YoY +64.45%, QoQ +41.86%. Tax rate implied around 28.4% during the period.
- EPS: USD 3.72; Diluted EPS USD 3.57; YoY +66.07%, QoQ +43.63%.
- EBITDA: USD 302,664,000; EBITDA Margin ≈ 19.1%.
- Free Cash Flow: USD 256,757,000; FCF Margin ≈ 16.2% of revenue; Cash flow from ops USD 307.6 million with capex USD -50.9 million.
- Balance Sheet: Cash and equivalents USD 772.7 million; Total cash + short-term investments USD 888.9 million; Total assets USD 3.2999 billion; Total liabilities USD 1.949 billion; Stockholders’ equity USD 1.336 billion.
- Leverage and liquidity: Short-term debt USD 211.6 million; Long-term debt USD 740.0 million; Net debt USD 178.9 million; Current ratio 1.49; Quick ratio 0.98; Debt to capitalization 41.6%; Debt to equity 0.71%.
- Capital allocation: Common stock repurchased USD 100.6 million; dividends paid: none in the period; Cash balance end of period USD 780.4 million.