What changed
GAAP diluted EPS of $0.10 fell 59% from $0.24 in Q2 FY26. Revenue was $91.9M, up 1% YoY. The bottom-line decline was driven primarily by higher stock-based compensation expense tied to dual-trigger awards recognized after the December 2025 IPO.
Why it matters
GAAP diluted EPS of $0.10 fell 59% from $0.24 in Q2 FY26. Revenue was $91.9M, up 1% YoY. The bottom-line decline was driven primarily by higher stock-based compensation expense tied to dual-trigger awards recognized after the December 2025 IPO.