| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | — | — | — | — |
| Op. Income | -$221M | — | — | — | — |
| Gross Margin | -2.5% | — | — | — | — |
| Net Margin | 0.2% | — | — | — | — |
| EPS (Diluted) | $0.46 | — | — | — | — |
| Free Cash Flow | -$74M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | -$162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | -$221M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | $237M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | -$221M |
| EBITDA | -$214M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $164M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$669.0K |
| NET CASH FROM FINANCING | $161M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $559M |
| Inventory | $1.0B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $67M |
| Goodwill | $229M |
| Intangible Assets | $129M |
| Long-Term Investments | $38M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $470M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $77M |
| Short-Term Debt | $4M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $971M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $303M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $349M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $189M |
| Retained Earnings | $465M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $224.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $654M |
| Minority Interest | $55M |
| TOTAL EQUITY | $709M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $307M |
| Net Debt | $155M |
