{
  "report_rows": [
    {
      "kpi": "Backlog (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$8,200M vs. cons $7,894M",
      "confidence": "HIGH"
    },
    {
      "kpi": "Functional Verification Revenue (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$425M vs. cons $416M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "SDA Revenue (Q2 2026)",
      "prediction": "BEAT",
      "answer": "pred ~$275M vs. cons $268M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 2026 Revenue (Q3 2026)",
      "prediction": "BETTER",
      "answer": "guide ~$1,600M midpoint vs. cons ~$1,560M (implied)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Revenue (FY 2026)",
      "prediction": "BETTER",
      "answer": "guide ~$6,275M midpoint vs. cons $6,205M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Non-GAAP EPS (FY 2026)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.00 midpoint vs. cons $7.95",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Demand tone / Kimi K3 rebuttal",
      "prediction": "BETTER",
      "answer": "Confident rebuttal citing physics-based solvers and sign-off accuracy; bullish AI design activity commentary",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": 4.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 4.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 Kimi K3 discount partially unwinds as investors digest management rebuttal; EPS revision tailwind limited by Hexagon H2 EPS drag keeping H2 implied EPS flat YoY",
  "day5_confidence": "MEDIUM"
}