| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $359M | $333M | $289M | 8.0% | 24.0% |
| Op. Income | $39M | $18M | $12M | 110.5% | 231.7% |
| Gross Margin | 64.5% | 63.0% | 61.9% | 1.5pp | 2.6pp |
| Net Margin | 16.7% | 9.4% | -12.9% | 7.3pp | 29.6pp |
| EPS (Diluted) | $0.70 | $0.36 | $-0.45 | 94.4% | 255.6% |
| Free Cash Flow | $109M | -$72M | $85M | 250.5% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $232M |
| R&D Expenses | $83M |
| Selling & Marketing | $61M |
| General & Administrative | $48M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $193M |
| Cost & Expenses | $320M |
| OPERATING INCOME | $39M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $16M |
| EBIT | $39M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $232M |
| R&D Expenses | $83M |
| Selling & Marketing | $61M |
| General & Administrative | $48M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $193M |
| Cost & Expenses | $320M |
| OPERATING INCOME | $39M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $16M |
| EBIT | $39M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $193M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$148M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $511M |
| Net Receivables | $338M |
| Inventory | $0 |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $103M |
| Goodwill | $422M |
| Intangible Assets | $20M |
| Long-Term Investments | $432M |
| Tax Assets | $293M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $308M |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $648M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $722M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$611M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $1.0K |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $705M |
| Net Debt | $297M |
