Q2 2026 Earnings

Reported April 17, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2026	Q1 2026	Q2 2025	QoQ Change	YoY Change
Revenue	$345M	$343M	$355M	0.6%	-2.8%
Op. Income	$84M	$82M	$72M	1.8%	16.4%
Gross Margin	56.2%	54.8%	49.9%	1.3pp	6.3pp
Net Margin	19.0%	18.7%	15.9%	0.3pp	3.1pp
EPS (Diluted)	$0.87	$0.79	$0.65	10.1%	33.8%

Revenue Flow

Item	Amount
REVENUE	$345M
Cost of Revenue	$151M
GROSS PROFIT	$194M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$69M
SG&A Expenses	$69M
Other Expenses	$41M
Operating Expenses	$110M
Cost & Expenses	$261M
OPERATING INCOME	$84M
Interest Income	$325M
Interest Expense	$147M
Other Income/Expenses	$0
INCOME BEFORE TAX	$84M
Income Tax Expense	$18M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$0
EBIT	$84M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$345M
Cost of Revenue	$151M
GROSS PROFIT	$194M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$69M
SG&A Expenses	$69M
Other Expenses	$41M
Operating Expenses	$110M
Cost & Expenses	$261M
OPERATING INCOME	$84M
Interest Income	$325M
Interest Expense	$147M
Other Income/Expenses	$0
INCOME BEFORE TAX	$84M
Income Tax Expense	$18M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$0
EBIT	$84M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$670M
Short-Term Investments	$0
Net Receivables	$99M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$769M
PP&E (Net)	$294M
Goodwill	$418M
Intangible Assets	$27M
Long-Term Investments	$25.2B
Tax Assets	$0
Other Non-Current Assets	$841M
TOTAL NON-CURRENT ASSETS	$26.8B
TOTAL ASSETS	$27.6B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$21.1B
Other Current Liabilities	$106M
TOTAL CURRENT LIABILITIES	$21.2B
Long-Term Debt	$3.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$243M
TOTAL NON-CURRENT LIABILITIES	$3.4B
TOTAL LIABILITIES	$24.6B
Common Stock	$155M
Additional Paid-In Capital	$2.2B
Retained Earnings	$2.2B
Treasury Stock	-$1.9B
Accum. Other Comp. Income	$55M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$27.6B
Total Debt	$3.1B
Net Debt	$2.4B