Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but significantly beat on profitability: revenue of $170.8M missed the $189.9M estimate by 10.1%, while Diluted EPS of $0.42 beat the $0.25 consensus by 68%. Gross margin reached 35.9%, far exceeding the 30.3% expectation due to high-margin spare parts growth (+17.3% YoY) and cost optimization. Despite the revenue miss driven by Middle East equipment delivery delays, Adjusted EBITDA margin expanded to 19.8%, signaling strong operational efficiency post-IPO.