Revenue and profitability: QQ2 revenue of $123.411 million, +6% YoY; gross profit $104.41 million; gross margin 86.0% (within 84–86% target); operating income $3.566 million, operating margin 2.89%; EBITDA $12.957 million, EBITDA margin ~10.5%; net income $9.778 million, net margin 7.92%; basic/diluted EPS $0.11 / $0.10. ARR: $499 million, +5% YoY; DBNR: 102% (lower gross retention driven by downgrades); new and expansion bookings up >15% sequentially; high-value (> $100k ARR) customers at 868 (up 20 QoQ); paid customers: 15,302 (net adds +75). Mix and monetization: >75% ARR from enterprise (> $500 million) customers; usage-based pricing growth >60% for relevant products; platform usage up >25% YoY; international revenue +12% YoY (29% of total). Efficiency and cash flow: Q2 cash from operations $33.97 million (28% of revenue), free cash flow $33.1 million (24% of revenue); cash balance and investments end-Q2: $568 million; debt retirement: $58 million convertible debt fully retired; share repurchase authorization expanded to $200 million. Liquidity and balance sheet: total assets $891.5 million; total liabilities $693.9 million; total stockholders’ equity $180.7 million; net debt ~$68.7 million. Guidance and cash flow visibility: trailing twelve months billings $496 million, up 6% YoY; Q3 revenue guidance $124–$126 million (4–6% growth); full-year 2026 revenue $493–$497 million (5–6% growth); trailing ARR acceleration and margin expansion remain core focus.