| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $321M | $346M | 1.8% | -5.3% |
| Op. Income | $58M | $54M | $52M | 8.6% | 13.1% |
| Gross Margin | 59.5% | 59.7% | 55.3% | -0.2pp | 4.2pp |
| Net Margin | 11.8% | 10.6% | 9.8% | 1.2pp | 2.0pp |
| EPS (Diluted) | $0.81 | $0.70 | $0.66 | 15.7% | 22.7% |
| Free Cash Flow | $106M | $14M | $39M | 679.3% | 169.9% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $195M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $20M |
| Operating Expenses | $136M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| 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 | $28M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $195M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $20M |
| Operating Expenses | $136M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| 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 | $28M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$725.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $120.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$53.0K |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $0 |
| Net Receivables | $207M |
| Inventory | $336M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $292M |
| Goodwill | $606M |
| Intangible Assets | $428M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $62M |
| Short-Term Debt | $304M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $182M |
| TOTAL CURRENT LIABILITIES | $548M |
| Long-Term Debt | $920M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $467.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | $336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $849M |
| Minority Interest | $0 |
| TOTAL EQUITY | $849M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.2B |
| Net Debt | $928M |
