What changed
EPS beat consensus (dollar & % not provided in filing). Revenue of $375M (+16% YoY) beat guidance, driven by strong customer adoption. Key highlight: achieved GAAP operating profitability (1% margin) for the first time, a major milestone. Guidance for Q3 rev $382-384M and FY26 rev $1,510-1,514M implies durable mid-teens growth, with FY27 non-GAAP op margin target of 25%.
Why it matters
EPS beat consensus (dollar & % not provided in filing). Revenue of $375M (+16% YoY) beat guidance, driven by strong customer adoption. Key highlight: achieved GAAP operating profitability (1% margin) for the first time, a major milestone. Guidance for Q3 rev $382-384M and FY26 rev $1,510-1,514M implies durable mid-teens growth, with FY27 non-GAAP op margin target of 25%.