| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.6B | $3.9B | -1.3% | 14.2% |
| Op. Income | $299M | $305M | $252M | -2.2% | 18.4% |
| Gross Margin | 24.9% | 22.0% | 24.3% | 2.9pp | 0.6pp |
| Net Margin | 4.6% | 4.7% | 4.6% | -0.1pp | -0.0pp |
| EPS (Diluted) | $5.53 | $5.77 | $4.85 | -4.2% | 14.0% |
| Free Cash Flow | $176M | $262M | $160M | -32.9% | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $823M |
| Operating Expenses | $823M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $111M |
| EBIT | $299M |
| EBITDA | $410M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $823M |
| Operating Expenses | $823M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $111M |
| EBIT | $299M |
| EBITDA | $410M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $206M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $347M |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | -$78M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$242M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$253.0K |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $176M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $452M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6.0B |
| Goodwill | $1.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $666M |
| Short-Term Debt | $101M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $716M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.9B |
| Net Debt | $2.4B |
