| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $287M | $297M | 3.3% | -0.4% |
| Op. Income | $54M | $48M | $47M | 14.3% | 14.9% |
| Gross Margin | 64.6% | 65.6% | 65.3% | -1.0pp | -0.6pp |
| Net Margin | 12.8% | 13.3% | 11.7% | -0.5pp | 1.1pp |
| EPS (Diluted) | $0.24 | $0.24 | $0.22 | 0.0% | 9.1% |
| Free Cash Flow | $76M | $22M | $78M | 244.2% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $191M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $54M |
| Interest Income | $897.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $53M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $191M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $54M |
| Interest Income | $897.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $53M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$72.0K |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $185M |
| Inventory | $205M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $303M |
| Goodwill | $981M |
| Intangible Assets | $335M |
| Long-Term Investments | $250M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $260M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $512M |
| Common Stock | $2M |
| Additional Paid-In Capital | $965M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $351M |
| Net Debt | $178M |
