| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $974M | -2.9% | 25.3% |
| Op. Income | $438M | $446M | $402M | -1.8% | 9.0% |
| Gross Margin | 78.2% | 78.8% | 80.1% | -0.6pp | -1.9pp |
| Net Margin | 11.0% | 10.7% | 16.5% | 0.2pp | -5.5pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.26 | -4.5% | -19.2% |
| Free Cash Flow | $107M | $405M | $156M | -73.6% | -31.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $266M |
| GROSS PROFIT | $954M |
| R&D Expenses | $100M |
| Selling & Marketing | $297M |
| General & Administrative | $60M |
| SG&A Expenses | $357M |
| Other Expenses | $59M |
| Operating Expenses | $516M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $438M |
| Interest Income | $6M |
| Interest Expense | $146M |
| Other Income/Expenses | -$205M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $125M |
| EBIT | $379M |
| EBITDA | $504M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $266M |
| GROSS PROFIT | $954M |
| R&D Expenses | $100M |
| Selling & Marketing | $297M |
| General & Administrative | $60M |
| SG&A Expenses | $357M |
| Other Expenses | $59M |
| Operating Expenses | $516M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $438M |
| Interest Income | $6M |
| Interest Expense | $146M |
| Other Income/Expenses | -$205M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $125M |
| EBIT | $379M |
| EBITDA | $504M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $143M |
| Change in Working Capital | -$325M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$169M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$77M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$242M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $691M |
| Short-Term Investments | $0 |
| Net Receivables | $308M |
| Inventory | $0 |
| Other Current Assets | $289M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $68M |
| Goodwill | $10.8B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $35M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $81M |
| Short-Term Debt | $280M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $925M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $229M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $8.7B |
| Net Debt | $8.0B |
