| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143.8B | $102.5B | $124.3B | 40.3% | 15.7% |
| Op. Income | $50.9B | $32.4B | $42.8B | 56.8% | 18.7% |
| Gross Margin | 48.2% | 47.2% | 46.9% | 1.0pp | 1.3pp |
| Net Margin | 29.3% | 26.8% | 29.2% | 2.5pp | 0.1pp |
| EPS (Diluted) | $2.84 | $1.85 | $2.40 | 53.5% | 18.3% |
| Free Cash Flow | $51.6B | $26.5B | $27.0B | 94.6% | 91.0% |
| Item | Amount |
|---|---|
| REVENUE | $143.8B |
| Cost of Revenue | $74.5B |
| GROSS PROFIT | $69.2B |
| R&D Expenses | $10.9B |
| Selling & Marketing | $5.4B |
| General & Administrative | $2.1B |
| SG&A Expenses | $7.5B |
| Other Expenses | $0 |
| Operating Expenses | $18.4B |
| Cost & Expenses | $92.9B |
| OPERATING INCOME | $50.9B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $51.0B |
| Income Tax Expense | $8.9B |
| Net Income from Continuing Ops | $42.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42.1B |
| D&A | $3.2B |
| EBIT | $51.0B |
| EBITDA | $54.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $143.8B |
| Cost of Revenue | $74.5B |
| GROSS PROFIT | $69.2B |
| R&D Expenses | $10.9B |
| Selling & Marketing | $5.4B |
| General & Administrative | $2.1B |
| SG&A Expenses | $7.5B |
| Other Expenses | $0 |
| Operating Expenses | $18.4B |
| Cost & Expenses | $92.9B |
| OPERATING INCOME | $50.9B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $51.0B |
| Income Tax Expense | $8.9B |
| Net Income from Continuing Ops | $42.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42.1B |
| D&A | $3.2B |
| EBIT | $51.0B |
| EBITDA | $54.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $42.1B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $3.6B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$528M |
| Change in Working Capital | $5.5B |
| OPERATING CASH FLOW | $53.9B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.7B |
| Sales/Maturities of Investments | $10.3B |
| Other Investing Activities | -$154M |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | -$8.1B |
| Common Stock Repurchased | -$24.7B |
| Common Dividends Paid | -$3.9B |
| Other Financing Activities | -$3.0B |
| NET CASH FROM FINANCING | -$39.7B |
| FREE CASH FLOW | $51.6B |
| Net Change in Cash | $9.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.3B |
| Short-Term Investments | $21.6B |
| Net Receivables | $70.3B |
| Inventory | $5.9B |
| Other Current Assets | $15.0B |
| TOTAL CURRENT ASSETS | $158.1B |
| PP&E (Net) | $50.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $77.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $93.1B |
| TOTAL NON-CURRENT ASSETS | $221.2B |
| TOTAL ASSETS | $379.3B |
| Account Payables | $70.6B |
| Short-Term Debt | $13.8B |
| Deferred Revenue | $9.4B |
| Other Current Liabilities | $68.5B |
| TOTAL CURRENT LIABILITIES | $162.4B |
| Long-Term Debt | $76.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52.1B |
| TOTAL NON-CURRENT LIABILITIES | $128.7B |
| TOTAL LIABILITIES | $291.1B |
| Common Stock | $95.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $88.2B |
| TOTAL LIABILITIES & EQUITY | $379.3B |
| Total Debt | $90.5B |
| Net Debt | $45.2B |
