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Get filing alertsNet sales increased 43.7% to $1.51B in the third quarter, with organic growth of 43.9% and growth in the data centers business.
Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~2 min read
Key Changes
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Operating income rose 69.8% to $282.3M, and operating margin expanded to 18.6% from 15.8%.
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The company completed the acquisition of Maverick Power on October 1, 2026 for approximately $1.75 billion in cash, funded primarily through the issuance of the 2036 Notes and borrowings under the 2026 Term Loan Facility and Revolving Credit Facility.
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The Board of Directors authorized a new share repurchase program of up to $500.0 million on May 16, 2026, and the company repurchased 800,000 shares for $100.2M during the first nine months of 2026.
4 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Nov 2, 2026 · How we verify