Q2 FY2026 EarningsQ2 FY26 results exceeded consensus expectations, with net revenue (revenue less cost of revenues) of $141.1M beating the $135.8M estimate by 3.9%. Adjusted diluted EPS of $0.48 significantly outperformed the $0.41 consensus (+17.6%), driven by robust Options segment volumes and higher revenue per contract. Despite a $30M litigation settlement with Nasdaq impacting GAAP results, the underlying business demonstrated strong operating leverage with a 77.8% adjusted EBITDA margin in the core Options segment.