| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $611M | $608M | $571M | 0.6% | 7.1% |
| Op. Income | $185M | $192M | $185M | -3.7% | -0.3% |
| Gross Margin | 51.4% | 52.6% | 52.8% | -1.2pp | -1.3pp |
| Net Margin | 21.8% | 25.1% | 25.4% | -3.3pp | -3.6pp |
| EPS (Diluted) | $3.59 | $4.06 | $3.76 | -11.6% | -4.5% |
| Free Cash Flow | $186M | $90M | $150M | 105.3% | 23.6% |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $185M |
| Interest Income | $891.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $185M |
| Interest Income | $891.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$658.0K |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$229.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$196M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $17M |
| Net Receivables | $320M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $707M |
| PP&E (Net) | $84M |
| Goodwill | $1.3B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $61M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $149M |
| Short-Term Debt | $6M |
| Deferred Revenue | $189M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $506M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $3.0K |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $432.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
