| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.2B | $5.7B | 3.3% | 12.0% |
| Op. Income | $2.4B | $2.3B | $2.2B | 6.9% | 11.8% |
| Gross Margin | 89.1% | 88.9% | 89.1% | 0.1pp | -0.0pp |
| Net Margin | 29.5% | 30.0% | 31.7% | -0.4pp | -2.2pp |
| EPS (Diluted) | $4.60 | $4.45 | $4.13 | 3.4% | 11.4% |
| Free Cash Flow | $2.9B | $3.1B | $2.5B | -6.6% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $699M |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $1.7B |
| General & Administrative | $463M |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | -$63M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $174M |
| EBIT | $2.4B |
| EBITDA | $2.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $699M |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $1.7B |
| General & Administrative | $463M |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | -$63M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $174M |
| EBIT | $2.4B |
| EBITDA | $2.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $174M |
| Stock-Based Compensation | $509M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $110M |
| Change in Working Capital | $276M |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $511M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $474M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $901M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $558M |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $2.2B |
| Goodwill | $12.9B |
| Intangible Assets | $454M |
| Long-Term Investments | $0 |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $29.7B |
| Account Payables | $419M |
| Short-Term Debt | $933M |
| Deferred Revenue | $7.3B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $95M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.9B |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $13.4B |
| Retained Earnings | $47.2B |
| Treasury Stock | -$48.8B |
| Accum. Other Comp. Income | -$295M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.4B |
| TOTAL LIABILITIES & EQUITY | $29.7B |
| Total Debt | $6.7B |
| Net Debt | $324M |
