| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.1B | $1.8B | -9.6% | 3.5% |
| Op. Income | $231M | $320M | $235M | -27.8% | -1.7% |
| Gross Margin | 40.8% | 42.3% | 41.4% | -1.4pp | -0.6pp |
| Net Margin | 8.4% | 10.8% | 9.9% | -2.3pp | -1.5pp |
| EPS (Diluted) | $1.26 | $1.77 | $1.42 | -28.8% | -11.3% |
| Free Cash Flow | $296M | $175M | $229M | 69.3% | 29.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $780M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $549M |
| Other Expenses | $0 |
| Operating Expenses | $549M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $231M |
| Interest Income | $3M |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $52M |
| EBIT | $239M |
| EBITDA | $291M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $780M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $549M |
| Other Expenses | $0 |
| Operating Expenses | $549M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $231M |
| Interest Income | $3M |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $52M |
| EBIT | $239M |
| EBITDA | $291M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $150M |
| OPERATING CASH FLOW | $346M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$46M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$147M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$217.0K |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $296M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.1B |
| Other Current Assets | $351M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $3.2B |
| Goodwill | $1.7B |
| Intangible Assets | $826M |
| Long-Term Investments | $0 |
| Tax Assets | $153M |
| Other Non-Current Assets | -$1.1B |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $741M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $230M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $231M |
| Other Non-Current Liabilities | $242M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$991M |
| Accum. Other Comp. Income | -$522M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.9B |
| Net Debt | $2.6B |
