| Metric | FY 2026 | Prior Q | FY 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $909M | — | 15.5% |
| Op. Income | $134M | — | $62M | — | 116.6% |
| Gross Margin | 51.6% | — | 50.1% | — | 1.5pp |
| Net Margin | -3.8% | — | -17.8% | — | 14.0pp |
| EPS (Diluted) | $-0.46 | — | $-2.26 | — | 79.6% |
| Free Cash Flow | $171M | — | $44M | — | 291.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $508M |
| GROSS PROFIT | $542M |
| R&D Expenses | $196M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $212M |
| Other Expenses | $0 |
| Operating Expenses | $408M |
| Cost & Expenses | $916M |
| OPERATING INCOME | $134M |
| Interest Income | $3M |
| Interest Expense | $40M |
| Other Income/Expenses | -$154M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $41M |
| EBIT | $134M |
| EBITDA | $174M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $151M |
| Common Stock Repurchased | -$218M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $161M |
| Inventory | $196M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $655M |
| PP&E (Net) | $109M |
| Goodwill | $458M |
| Intangible Assets | $40M |
| Long-Term Investments | $37M |
| Tax Assets | $34M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $755M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $84M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $181M |
| TOTAL CURRENT LIABILITIES | $276M |
| Long-Term Debt | $491M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100.0K |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $861M |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$436M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $992M |
| TOTAL STOCKHOLDERS' EQUITY | $550M |
| Minority Interest | $0 |
| TOTAL EQUITY | $550M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $491M |
| Net Debt | $296M |
