Reported results
- Total Revenue (GAAP) grew 4.7% year-over-year to $790.0 million, compared to $754.6 million in the prior-year period.
- Organic Revenue Growth Rate (non-GAAP) was 4.0% for the quarter, compared to 15.0% in the prior-year period.
- Net Income (GAAP) increased 40.6% year-over-year to $88.0 million, with Diluted Earnings Per Share (GAAP) of $0.29.
- Adjusted EBITDAC (non-GAAP) grew 3.8% year-over-year to $244.4 million, with an Adjusted EBITDAC Margin (non-GAAP) of 30.9%.
- Adjusted Net Income (non-GAAP) increased 4.1% year-over-year to $137.1 million.
- Adjusted Diluted Earnings Per Share (non-GAAP) grew 8.5% year-over-year to $0.51.
Guidance
- For full year 2026, the company expects an Organic Revenue Growth Rate (non-GAAP) in the mid-single digits.
- For full year 2026, the company expects an Adjusted EBITDAC Margin (non-GAAP) that is down modestly as compared to the prior year.
Price and volatility reaction
The stock moved +1.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 43.28 | 2026-10-29 |
| Close after release | 43.84 | 2026-10-30 |
| Realised move | +1.3% | close to close |
| 30d ATM IV change | -4.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
