03 / content
營收軌跡
Q1 actuals, Q2 guide, FY guide, analyst forecast
- Q1 2026 revenue grew from $0.88B to $1.63B
- Q2 guidance midpoint is $1.8B
- FY2026 guidance midpoint is $7.66B
- Analyst forecast source shows $7.4B average
04 / content
盈利佔比
High software margins with unusual net margin strength
- Gross margin shows software-like leverage
- GAAP operating margin is already near half of revenue
- Net margin is boosted by non-operating items
- Adjusted FCF margin confirms cash conversion
05 / content
美國業務組合
Commercial is accelerating; government remains large
- U.S. commercial revenue was $0.6B
- U.S. government revenue was $0.69B
- Commercial growth signals AIP production use
- Government demand keeps a durable baseline
06 / content
公司 vs 分析師預期
Management guide sits above the captured forecast average
- Company midpoint: $7.66B
- Forecast average: $7.4B
- Guide is above the sampled forecast
- Next validation should add more forecast providers
