The record starts accreting with the next priced report.
2-quarter memory
Positioning
4 expiries · as of the Sep 16 close
Contracts already committed, not just traded today. Puts against calls, sized by expiry.
92
▲ 736%
Sep 18
2d
▲ 225%
296
0
first
Oct 16
30d
▲ 0%
502
85
▲ 63%
Nov 20
65d
▲ 262%
409
70
▲ 79%
Feb 19
156d
▲ 128%
269
putscalls
Revenue flow
Q2 FY2026 as filed · change vs Q1 FY2026
ECG kept 6.81% of Q2 FY2026 revenue as profit. Revenue +18.77% on Q1 FY2026, +33.65% on Q2 FY2025.
Revenue
$1.2B▲ +18.77% q/q
Gross profit
$183M▲ +39.93% q/q
14.85% margin
Cost of revenue
$1.0B▲ +15.71% q/q
Operating income
$112M▲ +43.88% q/q
9.08% margin
Operating expenses
$71M▲ +34.14% q/q
SG&A $71M
Pre-tax income
$110M▲ +44.82% q/q
Net income
$84M▲ +43.85% q/q
6.81% margin
Tax
$29M▲ +45.18% q/q
Other expense
$2M
Revenue$1.2B
Gross profit$183M14.85%
Operating income$112M9.08%
Pre-tax income$110M
Net income$84M6.81%
Cost of revenue
$1.0B · 85.15%
Operating expenses
$71M · 5.78%
Tax
$29M · 2.39%
Other expense leaves
$2M · 0.15%
Standardized lines from ECG’s own filing for the quarter ended Jun 30 '26. Ribbon thickness is the dollar amount.
Event sensitivity
release-day history · not a forecast
GDPgross domestic product1.2×up 9 of 17±3.5% vs ±2.9% · 17
NFPjobs report1.1×up 2 of 8±3.1% vs ±2.9% · 8
PCEpersonal income & outlays1.1×up 9 of 17±3.1% vs ±2.9% · 17
FOMCrate decision1.0×up 8 of 15±3.0% vs ±2.9% · 15
CPIconsumer prices1.0×up 6 of 9±2.9% vs ±2.9% · 9
PPIproducer prices0.7×up 5 of 9±2.0% vs ±2.9% · 9
CPROFcorporate profits0.6×up 5 of 10±1.9% vs ±2.9% · 10
How ECG has moved on past release days against its ordinary ±2.9% day, and how often it closed up. Measured from our own stored closes. History, not a forecast; kinds with fewer than six past releases are omitted rather than shown thin.