| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $935M | -4.4% | 12.5% |
| Op. Income | $125M | $121M | $98M | 3.3% | 26.5% |
| Gross Margin | 27.3% | 26.7% | 27.4% | 0.6pp | -0.1pp |
| Net Margin | 7.8% | 7.2% | 6.0% | 0.6pp | 1.8pp |
| EPS (Diluted) | $2.55 | $2.46 | $1.75 | 3.7% | 45.7% |
| Free Cash Flow | $98M | -$79M | $2M | 223.6% | 5279.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $764M |
| GROSS PROFIT | $288M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $163M |
| Cost & Expenses | $927M |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | -$17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | -$28M |
| EBIT | $0 |
| EBITDA | $64M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $764M |
| GROSS PROFIT | $288M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $163M |
| Cost & Expenses | $927M |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | -$17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | -$28M |
| EBIT | $0 |
| EBITDA | $64M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$164M |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$302.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $932M |
| Other Current Assets | $107M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.1B |
| Goodwill | $874M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $328M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $936M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $51M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $653M |
| Net Debt | $345M |
