| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.9B | $5.7B | 7.1% | 11.6% |
| Op. Income | $146M | $142M | $155M | 2.9% | -5.9% |
| Gross Margin | 10.5% | 10.4% | 10.5% | 0.1pp | -0.0pp |
| Net Margin | 1.0% | 0.9% | 1.5% | 0.1pp | -0.6pp |
| EPS (Diluted) | $0.75 | $0.61 | $0.98 | 23.0% | -23.5% |
| Free Cash Flow | $193M | -$169M | $308M | 214.0% | -37.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $663M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | $25M |
| Operating Expenses | $517M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $33M |
| EBIT | $151M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $663M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | $25M |
| Operating Expenses | $517M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $33M |
| EBIT | $151M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $171.0K |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $336.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$355M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $300M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $5.3B |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $11.0B |
| PP&E (Net) | $879M |
| Goodwill | $826M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $423M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $4.3B |
| Short-Term Debt | $464M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $81M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $3.3B |
| Net Debt | $3.1B |
