Record-Breaking Gross Billings
Achieved over $1 billion in gross billings for the first time in company history, with revenue up over 20% year-to-date.
Strong Revenue Growth
Consolidated net sales grew 23.4% year-over-year, with total gross billings up 26.5% year-over-year.
Security Segment Surge
Gross billings of security products and services increased 52% year-over-year, now representing 24% of trailing 12-month gross billings.
Adjusted EBITDA Growth
Second quarter adjusted EBITDA increased 62%, significantly outpacing net sales growth.
Healthy Balance Sheet
Closed the quarter with over $400 million in cash, enabling flexibility for future investments.
Guidance Increase
Increased fiscal year 2026 guidance for net sales, gross profit, and adjusted EBITDA.