| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $619M | $645M | $574M | -3.9% | 7.9% |
| Op. Income | $159M | $184M | $123M | -13.5% | 29.4% |
| Gross Margin | 43.3% | 45.9% | 42.0% | -2.6pp | 1.3pp |
| Net Margin | 20.1% | 22.3% | 17.1% | -2.2pp | 3.1pp |
| EPS (Diluted) | $1.72 | $1.97 | $1.34 | -12.7% | 28.4% |
| Free Cash Flow | $131M | $112M | $73M | 17.7% | 80.1% |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $268M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $159M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $53M |
| EBIT | $165M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $268M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $159M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $53M |
| EBIT | $165M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$281.0K |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $338M |
| Inventory | $0 |
| Other Current Assets | $165M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $257M |
| Goodwill | $828M |
| Intangible Assets | $712M |
| Long-Term Investments | $156M |
| Tax Assets | $0 |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $18M |
| Short-Term Debt | $10M |
| Deferred Revenue | $193M |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $385M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $78M |
| Deferred Tax Liabilities | $310M |
| Other Non-Current Liabilities | -$13M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $1M |
| Additional Paid-In Capital | $665M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $107M |
| Net Debt | $79M |
