| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.4B | 7.6% | 6.9% |
| Op. Income | $168M | $118M | $156M | 42.8% | 7.9% |
| Gross Margin | 74.5% | 74.5% | 19.8% | 0.0pp | 54.7pp |
| Net Margin | 8.8% | 7.4% | 8.7% | 1.5pp | 0.1pp |
| EPS (Diluted) | $2.87 | $2.17 | $2.61 | 32.3% | 10.0% |
| Free Cash Flow | $155M | $62M | $169M | 149.5% | -8.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $371M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $854M |
| Operating Expenses | $913M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $55M |
| EBIT | $158M |
| EBITDA | $213M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $371M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $854M |
| Operating Expenses | $913M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $55M |
| EBIT | $158M |
| EBITDA | $213M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $219M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | $155M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $93M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $2.2B |
| Goodwill | $195M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $89M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $164M |
| Short-Term Debt | $0 |
| Deferred Revenue | $77M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $670M |
| Long-Term Debt | $366M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $668M |
| Retained Earnings | $415M |
| Treasury Stock | -$703M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $379M |
| Minority Interest | $0 |
| TOTAL EQUITY | $379M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
