🔹 Revenue: $1.14B (Est. $1.09B) 🟢 ; UP +32% YoY
🔹 Adj EPS: $0.38 (Est. $0.27) 🟢
Q3 Guidance:
🔹 Product Revenue: $1.125–1.130B (Est. $1.12B) 🟢 ; UP +25–26% YoY
🔹 Adj Operating Margin: ~9%
FY26 Guidance:
🔹 Product Revenue: $4.40B (Est. $4.34B) 🟢 ; UP +27% YoY
🔹 Adj Operating Margin: ~9% (prior 8%)
Q2 Segments & Metrics:
🔹 Product Revenue: $1.09B; UP +32% YoY
🔹 Net Revenue Retention: 125%
🔹 Customers >$1M TTM Product Rev: 654; UP +30% YoY
🔹 Forbes Global 2000 Customers: 751; UP +5% YoY
🔹 RPO: $6.9B; UP +33% YoY
Profitability & Cash Flow:
🔹 Product Gross Profit: $833.6M; 76% margin (Non-GAAP)
🔹 Non-GAAP Operating Income: $127.6M; 11% margin
🔹 Free Cash Flow: $58.2M; 5% margin
🔹 Adj Free Cash Flow: $67.8M; 6% margin