| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.5B | $4.0B | 21.7% | 5.8% |
| Op. Income | $587M | $169M | -$580M | 247.3% | 201.2% |
| Gross Margin | 76.5% | 73.4% | 76.1% | 3.2pp | 0.4pp |
| Net Margin | 3.8% | 1.4% | -14.7% | 2.5pp | 18.6pp |
| EPS (Diluted) | $0.44 | $0.13 | $-1.64 | 238.5% | 126.8% |
| Free Cash Flow | $1.0B | -$436M | $925M | 333.3% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $30M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $587M |
| Interest Income | $21M |
| Interest Expense | $82M |
| Other Income/Expenses | -$254M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $171M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $195M |
| EBIT | $587M |
| EBITDA | $782M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $30M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $587M |
| Interest Income | $21M |
| Interest Expense | $82M |
| Other Income/Expenses | -$254M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $171M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $195M |
| EBIT | $587M |
| EBITDA | $782M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $197M |
| Stock-Based Compensation | -$88M |
| Deferred Income Tax | $45M |
| Other Non-Cash Items | $198M |
| Change in Working Capital | $611M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | -$128M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$180M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $863M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.9B |
| Other Current Assets | $524M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $5.2B |
| Goodwill | $2.1B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $88M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $19.6B |
| Account Payables | $1.3B |
| Short-Term Debt | $416M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$297M |
| TOTAL NON-CURRENT LIABILITIES | $10.3B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | $11.6B |
| Treasury Stock | -$13.8B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $19.6B |
| Total Debt | $11.0B |
| Net Debt | $8.0B |
