| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | — | 5.0% | — |
| Op. Income | $268M | $246M | — | 8.9% | — |
| Gross Margin | 44.2% | 45.1% | — | -0.9pp | — |
| Net Margin | 13.1% | 12.8% | — | 0.4pp | — |
| EPS (Diluted) | $1.94 | $1.79 | — | 8.4% | — |
| Free Cash Flow | $201M | $326M | — | -38.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $814M |
| GROSS PROFIT | $646M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $350M |
| Other Expenses | $2M |
| Operating Expenses | $380M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $268M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $122M |
| EBIT | $268M |
| EBITDA | $390M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $814M |
| GROSS PROFIT | $646M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $350M |
| Other Expenses | $2M |
| Operating Expenses | $380M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $268M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $122M |
| EBIT | $268M |
| EBITDA | $390M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | -$900.0K |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $300.0K |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$93M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $0 |
| Net Receivables | $947M |
| Inventory | $659M |
| Other Current Assets | $200.0K |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $2.3B |
| Goodwill | $4.2B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $309M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $380M |
| TOTAL CURRENT LIABILITIES | $889M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $412M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $14M |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $2.1B |
| Net Debt | $1.7B |
