v3.26.1
Revenue and Receivables (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregate of Revenue by Reportable Segment and Revenue Category

The following tables disaggregate revenue by reportable segment and revenue category:

 

 

 

Three Months Ended

 

 

 

June 30, 2026

 

 

June 30, 2025

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Access & Aggregation Solutions

 

 

72,145

 

 

 

14,788

 

 

 

86,933

 

 

 

77,353

 

 

 

13,859

 

 

 

91,212

 

Subscriber Solutions

 

 

73,543

 

 

 

10,986

 

 

 

84,529

 

 

 

75,537

 

 

 

8,221

 

 

 

83,758

 

Optical Networking Solutions

 

$

87,210

 

 

$

22,474

 

 

$

109,684

 

 

$

66,608

 

 

$

23,490

 

 

$

90,098

 

Total

 

$

232,898

 

 

$

48,248

 

 

$

281,146

 

 

$

219,498

 

 

$

45,570

 

 

$

265,068

 

 

 

Six Months Ended

 

 

 

June 30, 2026

 

 

June 30, 2025

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Access & Aggregation Solutions

 

 

148,941

 

 

 

28,512

 

 

 

177,453

 

 

 

153,200

 

 

 

27,148

 

 

 

180,348

 

Subscriber Solutions

 

 

163,736

 

 

 

19,033

 

 

 

182,769

 

 

 

147,285

 

 

 

16,884

 

 

 

164,169

 

Optical Networking Solutions

 

$

158,162

 

 

$

48,848

 

 

$

207,010

 

 

$

121,230

 

 

$

47,065

 

 

$

168,295

 

Total

 

$

470,839

 

 

$

96,393

 

 

$

567,232

 

 

$

421,715

 

 

$

91,097

 

 

$

512,812

 

Information about Receivable, Contract Assets, and Unearned Revenue from Contracts with Customers

The following table provides information about accounts receivable, contract assets and unearned revenue from contracts with customers:

 

 

 

As of

 

 

As of

 

(In thousands)

 

June 30, 2026

 

 

December 31, 2025

 

Accounts receivable, net

 

$

205,761

 

 

$

210,687

 

Contract assets(1)

 

$

620

 

 

$

432

 

Unearned revenue

 

$

78,711

 

 

$

87,541

 

Non-current unearned revenue

 

$

24,959

 

 

$

27,143

 

 

(1) Included in other receivables on the Condensed Consolidated Balance Sheets.