| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.8B | $21.1B | $20.2B | -1.8% | 3.0% |
| Op. Income | $692M | $800M | $712M | -13.5% | -2.8% |
| Gross Margin | 18.3% | 18.4% | 18.1% | -0.2pp | 0.2pp |
| Net Margin | 1.9% | 2.3% | 2.0% | -0.4pp | -0.1pp |
| EPS (Diluted) | $0.81 | $0.99 | $0.82 | -18.2% | -1.2% |
| Free Cash Flow | $385M | -$74M | $234M | 620.3% | 64.5% |
| Item | Amount |
|---|---|
| REVENUE | $20.8B |
| Cost of Revenue | $17.0B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $20.1B |
| OPERATING INCOME | $692M |
| Interest Income | $0 |
| Interest Expense | $173M |
| Other Income/Expenses | -$182M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $240M |
| EBIT | $683M |
| EBITDA | $923M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.8B |
| Cost of Revenue | $17.0B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $20.1B |
| OPERATING INCOME | $692M |
| Interest Income | $0 |
| Interest Expense | $173M |
| Other Income/Expenses | -$182M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $240M |
| EBIT | $683M |
| EBITDA | $923M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $240M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$142M |
| OPERATING CASH FLOW | $525M |
| Capital Expenditure | -$140M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$259M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $385M |
| Net Change in Cash | $378M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $5.6B |
| Inventory | $5.3B |
| Other Current Assets | $372M |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $7.3B |
| Goodwill | $5.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $257M |
| Tax Assets | $495M |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $6.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $351M |
| Other Non-Current Liabilities | -$5M |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $24.8B |
| Common Stock | $765M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $13.4B |
| Treasury Stock | -$12.8B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $55M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $16.2B |
| Net Debt | $15.0B |
