| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422M | $420M | $389M | 0.4% | 8.3% |
| Op. Income | $141M | $141M | $113M | -0.3% | 24.6% |
| Gross Margin | 74.5% | 67.7% | 65.6% | 6.9pp | 8.9pp |
| Net Margin | 26.2% | 25.8% | 22.6% | 0.4pp | 3.6pp |
| EPS (Diluted) | $1.63 | $1.59 | $1.27 | 2.5% | 28.3% |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $143M |
| SG&A Expenses | $146M |
| Other Expenses | $28M |
| Operating Expenses | $174M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $141M |
| Interest Income | $352M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $3M |
| EBIT | $141M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $314M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $143M |
| SG&A Expenses | $146M |
| Other Expenses | $28M |
| Operating Expenses | $174M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $141M |
| Interest Income | $352M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $3M |
| EBIT | $141M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $497M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $216M |
| Goodwill | $1.0B |
| Intangible Assets | $51M |
| Long-Term Investments | $24.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $871M |
| TOTAL NON-CURRENT ASSETS | $26.3B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $0 |
| Short-Term Debt | $888M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.6B |
| TOTAL CURRENT LIABILITIES | $23.5B |
| Long-Term Debt | $135M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $368M |
| TOTAL NON-CURRENT LIABILITIES | $503M |
| TOTAL LIABILITIES | $24.0B |
| Common Stock | $73M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$271M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $1.0B |
| Net Debt | -$307M |
