IEH Corporation reported a strong top-line rebound in QQ2 2025 with revenue of 7.341 billion USD and a gross profit of 1.731 billion USD, delivering a gross margin of 23.58% and an operating margin of 2.36%. Net income, however, remained extremely thin at approximately 246 thousand USD, implying substantial non-operating items, one-time effects, or unusual accounting nuances in the period. The company generated robust operating cash flow and free cash flow (CFO approximately 2.59 billion USD; FCF ~2.59 billion USD), suggesting meaningful liquidity and potential for capital deployment, even as net profitability remains an area for improvement. The balance sheet shows sizable liquidity and a strong equity base, with total assets around 27.55 billion USD and a large portion of assets held in short-term investments, underscoring a cash-rich balance sheet. Notwithstanding the apparent strength, several data quality caveats exist (notably inconsistencies between revenue scale, cash flows, and some balance-sheet line items) and no earnings-call transcript was provided for corroborating management commentary. Investors should await accompanying management remarks or a formal earnings call transcript to validate guidance and qualitative insights.