| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $494M | $477M | $418M | 3.5% | 18.1% |
| Op. Income | $73M | $62M | $47M | 17.1% | 55.2% |
| Gross Margin | 81.8% | 82.1% | 81.4% | -0.3pp | 0.4pp |
| Net Margin | 11.6% | 10.0% | 10.5% | 1.5pp | 1.1pp |
| EPS (Diluted) | $0.19 | $0.16 | $0.15 | 18.8% | 26.7% |
| Free Cash Flow | $28M | $262M | $20M | -89.4% | 38.2% |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $404M |
| R&D Expenses | $115M |
| Selling & Marketing | $168M |
| General & Administrative | $48M |
| SG&A Expenses | $216M |
| Other Expenses | $12.0K |
| Operating Expenses | $331M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $73M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $6M |
| EBIT | $87M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $404M |
| R&D Expenses | $115M |
| Selling & Marketing | $168M |
| General & Administrative | $48M |
| SG&A Expenses | $216M |
| Other Expenses | $12.0K |
| Operating Expenses | $331M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $73M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $6M |
| EBIT | $87M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$86M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $90M |
| Net Receivables | $315M |
| Inventory | $0 |
| Other Current Assets | $208M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $144M |
| Goodwill | $1.3B |
| Intangible Assets | $24M |
| Long-Term Investments | $55M |
| Tax Assets | $523M |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $890M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $871.0K |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $302.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $87M |
| Net Debt | -$1.1B |
