🔹 Revenue: $2.64B (Est. $2.28B) 🟢; UP +35% YoY
🔹 Adj. EPS: $0.95 (Est. $0.83) 🟢; UP +42% YoY
FY25 Guidance (Raised):
🔹 Adj. EPS: $3.75–$3.85 (Prior: $3.55) 🟢
🔹 Revenue: $9.93B–$10.08B
🔹 Organic Growth +23–25% YoY
🔹 Adj. Operating Profit: $1.95B–$2.03B
🔹 Adj. Operating Margin: 19.7–20.3% (Prior: 20.5%)
🔹 Adj. Free Cash Flow: $1.38B–$1.43B (Prior: $1.3B)
Q3'25 Guidance:
🔹 Revenue: $2.51B–$2.59B (Est. $2.44B) 🟢
🔹 Adj. EPS: $0.94–$1.00 (Est. $0.95) 🟡
🔹 Organic Revenue Growth: +20–24% YoY
🔹 Adj. Operating Margin: 19.75–20.25%
Other Key Q2 Metrics:
🔹 Adj. Operating Profit: $489M; UP +28% YoY
🔹 Adj. Operating Margin: 18.5%; DOWN -110 bps YoY
🔹 Organic Orders: UP +15% YoY; UP +11% QoQ
🔹 Backlog: $8.5B; Book-to-Bill ~1.2x
🔹 Adj. Free Cash Flow: $277M; DOWN ~$59M YoY
🔹 Operating Cash Flow: $323M
🔹 Liquidity: $2.5B; Net Leverage ~0.6x
CEO & Chairman Commentary:
🔸 “35% sales growth and robust orders reflect strong demand and our execution at scale.” – CEO Giordano Albertazzi
🔸 “We’re expanding capacity and investing in AI-optimized infrastructure solutions.”
🔸 “Despite temporary margin pressures from tariffs and growth challenges, we expect resolution by year-end.”
🔸 “What we're seeing in the data center industry today goes well beyond the next few years.” – Executive Chairman Dave Cote
🔸 “This is a technological transformation that will drive sustained long-term growth.”
