| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $563M | $494M | $480M | 14.0% | 17.4% |
| Op. Income | $176M | $150M | $150M | 17.1% | 16.8% |
| Gross Margin | 63.2% | 61.1% | 60.8% | 2.1pp | 2.5pp |
| Net Margin | 22.8% | 22.7% | 21.8% | 0.1pp | 1.0pp |
| EPS (Diluted) | $2.22 | $1.94 | $1.80 | 14.4% | 23.3% |
| Free Cash Flow | $85M | $109M | $156M | -21.8% | -45.4% |
| Item | Amount |
|---|---|
| REVENUE | $563M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $108M |
| SG&A Expenses | $121M |
| Other Expenses | $60M |
| Operating Expenses | $180M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $176M |
| Interest Income | $514M |
| Interest Expense | $182M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $23M |
| EBIT | $176M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $563M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $108M |
| SG&A Expenses | $121M |
| Other Expenses | $60M |
| Operating Expenses | $180M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $176M |
| Interest Income | $514M |
| Interest Expense | $182M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $23M |
| EBIT | $176M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$761M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | -$230M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $965M |
| NET CASH FROM FINANCING | $735M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $61M |
| Net Receivables | $386M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $0 |
| Goodwill | $196M |
| Intangible Assets | $25M |
| Long-Term Investments | $24.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $26.7B |
| TOTAL ASSETS | $28.2B |
| Account Payables | $359M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.2B |
| TOTAL CURRENT LIABILITIES | $23.6B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $564M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $25.3B |
| Common Stock | $714.0K |
| Additional Paid-In Capital | $567M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$499M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $28.2B |
| Total Debt | $1.1B |
| Net Debt | $106M |
