| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.6B | 7.8% | 7.8% |
| Op. Income | $208M | $189M | $211M | 10.4% | -1.1% |
| Gross Margin | 27.6% | 26.6% | 27.9% | 1.0pp | -0.3pp |
| Net Margin | 16.6% | 10.4% | 9.0% | 6.2pp | 7.6pp |
| EPS (Diluted) | $2.42 | $1.40 | $1.20 | 72.9% | 101.7% |
| Free Cash Flow | $319M | $27M | $228M | 1075.3% | 39.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $265M |
| Other Expenses | $0 |
| Operating Expenses | $265M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $208M |
| Interest Income | $4M |
| Interest Expense | $28M |
| Other Income/Expenses | $162M |
| INCOME BEFORE TAX | $370M |
| Income Tax Expense | $86M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $127M |
| EBIT | $398M |
| EBITDA | $525M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $265M |
| Other Expenses | $0 |
| Operating Expenses | $265M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $208M |
| Interest Income | $4M |
| Interest Expense | $28M |
| Other Income/Expenses | $162M |
| INCOME BEFORE TAX | $370M |
| Income Tax Expense | $86M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $127M |
| EBIT | $398M |
| EBITDA | $525M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $325M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$110M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$114M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$224M |
| FREE CASH FLOW | $319M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $371M |
| Short-Term Investments | $800.0K |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $315M |
| Goodwill | $3.7B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $462M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $194M |
| Short-Term Debt | $539M |
| Deferred Revenue | $269M |
| Other Current Liabilities | $437M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $411M |
| Deferred Tax Liabilities | $348M |
| Other Non-Current Liabilities | $284M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$199M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $3.5B |
| Net Debt | $3.1B |
