| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $1.8B | 0.6% | 21.5% |
| Op. Income | $155M | $212M | $52M | -26.8% | 197.6% |
| Gross Margin | 18.2% | 19.2% | 12.5% | -1.0pp | 5.7pp |
| Net Margin | 4.4% | 8.4% | 1.5% | -4.0pp | 2.9pp |
| EPS (Diluted) | $0.83 | $1.58 | $0.22 | -47.5% | 277.3% |
| Free Cash Flow | $44M | $79M | -$54M | -44.7% | 181.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $388M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $233M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $0 |
| EBIT | $155M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $388M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $233M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $0 |
| EBIT | $155M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$133M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | -$2.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.1B |
| Other Current Assets | $344M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $3.3B |
| Goodwill | $2.1B |
| Intangible Assets | $496M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $416M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $456M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $859M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $199M |
| Other Non-Current Liabilities | $278M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $407M |
| Retained Earnings | $4.7B |
| Treasury Stock | -$732M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $260.0K |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $3.4B |
| Net Debt | $2.9B |
