| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $801M | $764M | $736M | 4.8% | 8.8% |
| Op. Income | $65M | $60M | $58M | 8.3% | 12.8% |
| Gross Margin | 79.3% | 79.4% | 78.9% | -0.1pp | 0.5pp |
| Net Margin | 7.9% | 9.4% | 120.7% | -1.6pp | -112.8pp |
| EPS (Diluted) | $0.30 | $0.34 | $4.26 | -11.8% | -93.0% |
| Free Cash Flow | $218M | $228M | $198M | -4.5% | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $635M |
| R&D Expenses | $170M |
| Selling & Marketing | $305M |
| General & Administrative | $95M |
| SG&A Expenses | $400M |
| Other Expenses | $0 |
| Operating Expenses | $570M |
| Cost & Expenses | $735M |
| OPERATING INCOME | $65M |
| Interest Income | $12M |
| Interest Expense | $828.0K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $98M |
| EBIT | $77M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $635M |
| R&D Expenses | $170M |
| Selling & Marketing | $305M |
| General & Administrative | $95M |
| SG&A Expenses | $400M |
| Other Expenses | $0 |
| Operating Expenses | $570M |
| Cost & Expenses | $735M |
| OPERATING INCOME | $65M |
| Interest Income | $12M |
| Interest Expense | $828.0K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $98M |
| EBIT | $77M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $161M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $73M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$202M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | -$273M |
| FREE CASH FLOW | $218M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $244M |
| Net Receivables | $367M |
| Inventory | $0 |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $438M |
| Goodwill | $456M |
| Intangible Assets | $65M |
| Long-Term Investments | $209M |
| Tax Assets | $837M |
| Other Non-Current Assets | $627M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $11M |
| Short-Term Debt | $21M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $127M |
| Net Debt | -$473M |
