| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $518M | $493M | $509M | 5.0% | 1.7% |
| Op. Income | $77M | $59M | $76M | 29.7% | 1.6% |
| Gross Margin | 26.5% | 24.1% | 26.1% | 2.4pp | 0.4pp |
| Net Margin | 11.4% | 9.6% | 9.6% | 1.8pp | 1.8pp |
| EPS (Diluted) | $2.15 | $1.71 | $1.78 | 25.7% | 20.8% |
| Free Cash Flow | $71M | $54M | $97M | 31.7% | -26.6% |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$509.0K |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $18M |
| EBIT | $76M |
| EBITDA | $94M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$509.0K |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $18M |
| EBIT | $76M |
| EBITDA | $94M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$541.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $104M |
| Inventory | $163M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $491M |
| PP&E (Net) | $541M |
| Goodwill | $223M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $837M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $123M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | -$17M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $296M |
| Common Stock | $164M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | -$813M |
| Accum. Other Comp. Income | $931.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $78M |
| Net Debt | -$124M |
