| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $767M | $740M | $747M | 3.6% | 2.5% |
| Op. Income | $19M | $26M | $18M | -26.4% | 3.4% |
| Gross Margin | 12.7% | 14.5% | 13.6% | -1.9pp | -0.9pp |
| Net Margin | 2.2% | 2.7% | 2.3% | -0.5pp | -0.1pp |
| EPS (Diluted) | $0.75 | $0.89 | $0.70 | -15.7% | 7.1% |
| Free Cash Flow | $29M | $21M | -$8M | 38.7% | 453.7% |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $19M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $344.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $19M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $344.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17.0K |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $605M |
| Inventory | $490M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $32M |
| Goodwill | $244M |
| Intangible Assets | $72M |
| Long-Term Investments | $158.0K |
| Tax Assets | $14M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $439M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $577M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $664M |
| Long-Term Debt | $107M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $911M |
| Minority Interest | $0 |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $121M |
| Net Debt | $37M |
