| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.2B | -2.9% | -3.6% |
| Op. Income | $389M | $431M | $426M | -9.7% | -8.8% |
| Gross Margin | 43.9% | 46.5% | 45.2% | -2.6pp | -1.2pp |
| Net Margin | 31.3% | 35.0% | 33.3% | -3.7pp | -2.0pp |
| EPS (Diluted) | $0.36 | $0.41 | $0.40 | -12.2% | -10.0% |
| Free Cash Flow | $58M | $427M | $61M | -86.5% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $15M |
| Operating Expenses | $104M |
| Cost & Expenses | $733M |
| OPERATING INCOME | $389M |
| Interest Income | $50M |
| Interest Expense | $0 |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $441M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $350M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351M |
| D&A | $55M |
| EBIT | $389M |
| EBITDA | $444M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $629M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $15M |
| Operating Expenses | $104M |
| Cost & Expenses | $733M |
| OPERATING INCOME | $389M |
| Interest Income | $50M |
| Interest Expense | $0 |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $441M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $350M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351M |
| D&A | $55M |
| EBIT | $389M |
| EBITDA | $444M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $350M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $712.0K |
| Other Non-Cash Items | $719.0K |
| Change in Working Capital | -$290M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $4M |
| Sales/Maturities of Investments | -$2.0B |
| Other Investing Activities | $2.0B |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$1.0K |
| Common Stock Repurchased | -$218M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$206M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.1B |
| Short-Term Investments | $0 |
| Net Receivables | $862M |
| Inventory | $42M |
| Other Current Assets | $171M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $3.8B |
| Goodwill | $523M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $549M |
| Short-Term Debt | $17M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $614M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $788M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $8.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $18M |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $96M |
| Net Debt | -$5.0B |
