| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $331M | $300M | -1.5% | 8.6% |
| Op. Income | $91M | $84M | $61M | 7.7% | 49.7% |
| Gross Margin | 63.1% | 59.6% | 57.7% | 3.5pp | 5.4pp |
| Net Margin | 18.4% | 16.3% | 11.9% | 2.1pp | 6.4pp |
| EPS (Diluted) | $0.68 | $0.61 | $0.40 | 11.5% | 70.0% |
| Free Cash Flow | $151M | $49M | -$101M | 211.0% | 249.7% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $206M |
| R&D Expenses | $65M |
| Selling & Marketing | $20M |
| General & Administrative | $30M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $91M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| 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 | $38M |
| EBIT | $93M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $206M |
| R&D Expenses | $65M |
| Selling & Marketing | $20M |
| General & Administrative | $30M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $91M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| 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 | $38M |
| EBIT | $93M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $268.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | $15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$855.0K |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $0 |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $43M |
| Goodwill | $1.6B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $10M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $203.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $751M |
