| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | — | $150M | — | 27.3% |
| Op. Income | $80M | — | $67M | — | 18.6% |
| Gross Margin | 70.8% | — | 71.4% | — | -0.6pp |
| Net Margin | 37.1% | — | 36.7% | — | 0.5pp |
| EPS (Diluted) | $1.69 | — | $1.37 | — | 23.4% |
| Free Cash Flow | $120M | — | $116M | — | 3.7% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $3M |
| EBIT | $121M |
| EBITDA | $124M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $3M |
| EBIT | $121M |
| EBITDA | $124M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$835.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $0 |
| Net Receivables | $178M |
| Inventory | $0 |
| Other Current Assets | -$196M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.0B |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$287M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $286M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $379M |
| TOTAL NON-CURRENT LIABILITIES | $816M |
| TOTAL LIABILITIES | $822M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $535M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $826M |
| Minority Interest | $332M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $437M |
| Net Debt | $196M |
