| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $504M | $426M | 0.3% | 18.7% |
| Op. Income | $56M | $71M | $40M | -20.2% | 41.1% |
| Gross Margin | 36.4% | 39.1% | 35.9% | -2.7pp | 0.5pp |
| Net Margin | 8.4% | 10.6% | 6.9% | -2.2pp | 1.4pp |
| EPS (Diluted) | $1.37 | $1.74 | $0.95 | -21.3% | 44.2% |
| Free Cash Flow | -$18M | $42M | -$46M | -142.0% | 61.4% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $449M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $403.0K |
| Other Income/Expenses | $503.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $19M |
| EBIT | $57M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $449M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $403.0K |
| Other Income/Expenses | $503.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $19M |
| EBIT | $57M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$289.0K |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$231.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $855M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $967M |
| PP&E (Net) | $1.0B |
| Goodwill | $198M |
| Intangible Assets | $59M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $175M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $412M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $639M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $255M |
| Retained Earnings | $1000M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $668M |
| Net Debt | $603M |
