| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.6B | $6.5B | 3.5% | 4.0% |
| Op. Income | $296M | $311M | $297M | -4.8% | -0.3% |
| Gross Margin | 9.0% | 8.7% | 8.1% | 0.3pp | 0.9pp |
| Net Margin | 2.9% | 2.9% | 3.3% | 0.0pp | -0.3pp |
| EPS (Diluted) | $0.52 | $0.50 | $0.54 | 4.0% | -3.7% |
| Free Cash Flow | $303M | $266M | $216M | 13.9% | 40.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $260M |
| Other Expenses | $58M |
| Operating Expenses | $318M |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $296M |
| Interest Income | $10M |
| Interest Expense | $52M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $156M |
| EBIT | $314M |
| EBITDA | $470M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $260M |
| Other Expenses | $58M |
| Operating Expenses | $318M |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $296M |
| Interest Income | $10M |
| Interest Expense | $52M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $156M |
| EBIT | $314M |
| EBITDA | $470M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $453M |
| Capital Expenditure | -$150M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$297M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$292M |
| FREE CASH FLOW | $303M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $5.3B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $3.1B |
| Goodwill | $1.4B |
| Intangible Assets | $314M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $960M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $6.1B |
| Short-Term Debt | $676M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $520M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $4.3B |
| Net Debt | $2.0B |
