| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $364M | $309M | 2.8% | 20.9% |
| Op. Income | $54M | $48M | $26M | 13.6% | 113.1% |
| Gross Margin | 35.5% | 32.9% | 32.9% | 2.6pp | 2.5pp |
| Net Margin | 7.3% | 7.3% | 1.0% | 0.1pp | 6.3pp |
| EPS (Diluted) | $0.67 | $0.65 | $0.08 | 3.1% | 737.5% |
| Free Cash Flow | $8M | -$5M | -$5M | 283.3% | 273.9% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $54M |
| Interest Income | $725.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $13M |
| EBIT | $54M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $54M |
| Interest Income | $725.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $13M |
| EBIT | $54M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $434.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$185.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $431.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $19M |
| Net Receivables | $216M |
| Inventory | $517M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $862M |
| PP&E (Net) | $355M |
| Goodwill | $60M |
| Intangible Assets | $33M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $133M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $711M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $791M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | $317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $773M |
| Net Debt | $718M |
