| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $293M | $247M | -4.4% | 13.5% |
| Op. Income | $34M | $41M | $34M | -17.9% | 0.6% |
| Gross Margin | 24.1% | 24.7% | 24.4% | -0.6pp | -0.3pp |
| Net Margin | 8.1% | 9.9% | 9.8% | -1.9pp | -1.7pp |
| EPS (Diluted) | $1.08 | $1.40 | $1.16 | -22.9% | -6.9% |
| Free Cash Flow | $29M | $18M | $31M | 60.2% | -7.3% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $35M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $35M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $804.0K |
| Change in Working Capital | $502.0K |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $710.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $93M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $240M |
| PP&E (Net) | $265M |
| Goodwill | $222M |
| Intangible Assets | $241M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $745M |
| TOTAL ASSETS | $984M |
| Account Payables | $55M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $268M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $379M |
| TOTAL LIABILITIES | $477M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $478M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $507M |
| Minority Interest | $0 |
| TOTAL EQUITY | $507M |
| TOTAL LIABILITIES & EQUITY | $984M |
| Total Debt | $293M |
| Net Debt | $283M |
