| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.1B | $2.4B | 2.7% | 30.4% |
| Op. Income | $997M | $945M | $491M | 5.5% | 102.9% |
| Gross Margin | 64.7% | 63.1% | 59.0% | 1.6pp | 5.7pp |
| Net Margin | 26.3% | 25.6% | 16.1% | 0.7pp | 10.1pp |
| EPS (Diluted) | $1.69 | $1.60 | $0.78 | 5.6% | 116.7% |
| Free Cash Flow | $1.3B | $1.5B | $978M | -15.2% | 28.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $467M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $345M |
| Other Expenses | $235M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $997M |
| Interest Income | $32M |
| Interest Expense | $86M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $946M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $831M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $831M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $831M |
| D&A | $491M |
| EBIT | $1.0B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $467M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $345M |
| Other Expenses | $235M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $997M |
| Interest Income | $32M |
| Interest Expense | $86M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $946M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $831M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $831M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $831M |
| D&A | $491M |
| EBIT | $1.0B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $831M |
| Depreciation & Amortization | $491M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $96M |
| Common Stock Repurchased | -$516M |
| Common Dividends Paid | -$484M |
| Other Financing Activities | -$297.0K |
| NET CASH FROM FINANCING | -$855M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $406M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.4B |
| Inventory | $1.8B |
| Other Current Assets | $426M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $3.2B |
| Goodwill | $26.9B |
| Intangible Assets | $7.6B |
| Long-Term Investments | $0 |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $806M |
| TOTAL NON-CURRENT ASSETS | $40.4B |
| TOTAL ASSETS | $48.0B |
| Account Payables | $549M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $637M |
| TOTAL NON-CURRENT LIABILITIES | $9.9B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $81M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $23.0B |
| TOTAL STOCKHOLDERS' EQUITY | $33.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.8B |
| TOTAL LIABILITIES & EQUITY | $48.0B |
| Total Debt | $8.7B |
| Net Debt | $5.8B |
