| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.6B | -2.5% | 1.1% |
| Op. Income | $139M | $157M | $19M | -11.1% | 652.4% |
| Gross Margin | 20.0% | 20.6% | 17.4% | -0.6pp | 2.7pp |
| Net Margin | 3.8% | 3.9% | -2.3% | -0.0pp | 6.1pp |
| EPS (Diluted) | $0.44 | $0.46 | $-0.25 | -4.3% | 276.0% |
| Free Cash Flow | $101M | $274M | -$50M | -63.2% | 303.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $17M |
| Operating Expenses | $185M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $96M |
| EBIT | $139M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $17M |
| Operating Expenses | $185M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $96M |
| EBIT | $139M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $178M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$133M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $742M |
| Inventory | $1.1B |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $3.8B |
| Goodwill | $1.1B |
| Intangible Assets | $303M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $709M |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $273M |
| Other Non-Current Liabilities | $251M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $152M |
| Additional Paid-In Capital | -$454M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$897M |
| Accum. Other Comp. Income | $82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $3.9B |
| Net Debt | $3.9B |
