| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.7B | 9.4% | 2.8% |
| Op. Income | $399M | $309M | $345M | 29.1% | 15.7% |
| Gross Margin | 72.0% | 70.4% | 71.0% | 1.5pp | 1.0pp |
| Net Margin | 17.9% | 14.9% | 18.0% | 2.9pp | -0.1pp |
| EPS (Diluted) | $1.51 | $1.15 | $1.42 | 31.3% | 6.3% |
| Free Cash Flow | $78M | $620M | $60M | -87.4% | 30.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $251M |
| Selling & Marketing | $465M |
| General & Administrative | $89M |
| SG&A Expenses | $554M |
| Other Expenses | $23M |
| Operating Expenses | $828M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $399M |
| Interest Income | $27M |
| Interest Expense | $26M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $305M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $305M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $305M |
| D&A | $52M |
| EBIT | $419M |
| EBITDA | $471M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $251M |
| Selling & Marketing | $465M |
| General & Administrative | $89M |
| SG&A Expenses | $554M |
| Other Expenses | $23M |
| Operating Expenses | $828M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $399M |
| Interest Income | $27M |
| Interest Expense | $26M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $305M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $305M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $305M |
| D&A | $52M |
| EBIT | $419M |
| EBITDA | $471M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $305M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$381M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$444M |
| Sales/Maturities of Investments | $742M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $249M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$383M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $942M |
| Net Receivables | $988M |
| Inventory | $127M |
| Other Current Assets | $525M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $804M |
| Goodwill | $2.7B |
| Intangible Assets | $31M |
| Long-Term Investments | $94M |
| Tax Assets | $975M |
| Other Non-Current Assets | $341M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $436M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $848M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $2.3B |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $986M |
| Minority Interest | $0 |
| TOTAL EQUITY | $986M |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $2.7B |
| Net Debt | $667M |
