| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.3B | $2.1B | -3.0% | 5.7% |
| Op. Income | $206M | $212M | $181M | -2.7% | 13.9% |
| Gross Margin | 9.3% | 9.3% | 8.6% | 0.0pp | 0.7pp |
| Net Margin | 5.6% | 5.5% | 5.2% | 0.1pp | 0.3pp |
| EPS (Diluted) | $5.59 | $5.63 | $4.88 | -0.7% | 14.5% |
| Free Cash Flow | $187M | $154M | $116M | 21.6% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $465M |
| General & Administrative | $0 |
| SG&A Expenses | $465M |
| Other Expenses | -$465M |
| Operating Expenses | $0 |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $54M |
| EBIT | $206M |
| EBITDA | $261M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $465M |
| General & Administrative | $0 |
| SG&A Expenses | $465M |
| Other Expenses | -$465M |
| Operating Expenses | $0 |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $54M |
| EBIT | $206M |
| EBITDA | $261M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | $33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $192M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$181M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | $290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $325M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $581M |
| Goodwill | $5.0B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $162M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $337M |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $697M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $191M |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $656M |
| Retained Earnings | $5.1B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $3.4B |
| Net Debt | $3.0B |
