| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $531M | $525M | $507M | 1.1% | 4.7% |
| Op. Income | $160M | $145M | $245M | 9.9% | -34.8% |
| Gross Margin | 52.5% | 48.1% | 55.9% | 4.3pp | -3.4pp |
| Net Margin | 7.3% | 5.8% | 22.6% | 1.5pp | -15.3pp |
| EPS (Diluted) | $0.63 | $0.50 | $1.89 | 26.0% | -66.7% |
| Free Cash Flow | $456M | $450M | -$447M | 1.4% | 202.0% |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $72M |
| SG&A Expenses | $99M |
| Other Expenses | $20M |
| Operating Expenses | $119M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $163M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $72M |
| SG&A Expenses | $99M |
| Other Expenses | $20M |
| Operating Expenses | $119M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $163M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $423M |
| OPERATING CASH FLOW | $535M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | -$547.0K |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $201M |
| Other Investing Activities | -$101M |
| NET CASH FROM INVESTING | -$179M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | $456M |
| Net Change in Cash | $279M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $636M |
| Short-Term Investments | $1.8B |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $301M |
| Goodwill | $46M |
| Intangible Assets | $56M |
| Long-Term Investments | $675M |
| Tax Assets | $0 |
| Other Non-Current Assets | $189M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $506M |
| Short-Term Debt | $806M |
| Deferred Revenue | $5.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $743M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $285M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$219M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $1.6B |
| Net Debt | $952M |
