| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $819M | $1.0B | 29.3% | 1.1% |
| Op. Income | $158M | $30M | $10M | 424.1% | 1529.8% |
| Gross Margin | 47.0% | 40.5% | 42.6% | 6.4pp | 4.4pp |
| Net Margin | 11.3% | 3.1% | -1.7% | 8.2pp | 13.0pp |
| EPS (Diluted) | $1.28 | $0.27 | $-0.18 | 374.1% | 811.1% |
| Free Cash Flow | $42M | $145M | $95M | -71.0% | -55.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $497M |
| R&D Expenses | $198M |
| Selling & Marketing | $60M |
| General & Administrative | $48M |
| SG&A Expenses | $107M |
| Other Expenses | $34M |
| Operating Expenses | $339M |
| Cost & Expenses | $901M |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $67M |
| EBIT | $174M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $497M |
| R&D Expenses | $198M |
| Selling & Marketing | $60M |
| General & Administrative | $48M |
| SG&A Expenses | $107M |
| Other Expenses | $34M |
| Operating Expenses | $339M |
| Cost & Expenses | $901M |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $67M |
| EBIT | $174M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $560M |
| Inventory | $605M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $781M |
| Goodwill | $2.4B |
| Intangible Assets | $224M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $306M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $285M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $232M |
| TOTAL CURRENT LIABILITIES | $805M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $1.5B |
| Net Debt | $446M |
