| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.3B | $49.7B | $47.0B | -39.1% | -35.6% |
| Op. Income | $10.4B | $12.4B | $8.1B | -16.3% | 28.2% |
| Gross Margin | 95.6% | 60.1% | 55.1% | 35.5pp | 40.5pp |
| Net Margin | 28.4% | 15.1% | 15.7% | 13.2pp | 12.6pp |
| EPS (Diluted) | $1.11 | $0.97 | $0.90 | 14.4% | 23.3% |
| Item | Amount |
|---|---|
| REVENUE | $30.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $28.9B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $533M |
| General & Administrative | $14.9B |
| SG&A Expenses | $15.5B |
| Other Expenses | $1.0B |
| Operating Expenses | $18.5B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $10.4B |
| Interest Income | $33.4B |
| Interest Expense | $17.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10.4B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $8.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.2B |
| D&A | $0 |
| EBIT | $10.4B |
| EBITDA | $10.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $28.9B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $533M |
| General & Administrative | $14.9B |
| SG&A Expenses | $15.5B |
| Other Expenses | $1.0B |
| Operating Expenses | $18.5B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $10.4B |
| Interest Income | $33.4B |
| Interest Expense | $17.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10.4B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $8.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.2B |
| D&A | $0 |
| EBIT | $10.4B |
| EBITDA | $10.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242.5B |
| Short-Term Investments | $7.4B |
| Net Receivables | $96.1B |
| Inventory | $0 |
| Other Current Assets | $1.2T |
| TOTAL CURRENT ASSETS | $1.5T |
| PP&E (Net) | $12.5B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $514.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4T |
| TOTAL NON-CURRENT ASSETS | $2.0T |
| TOTAL ASSETS | $3.5T |
| Account Payables | $0 |
| Short-Term Debt | $57.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6T |
| TOTAL CURRENT LIABILITIES | $2.9T |
| Long-Term Debt | $326.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $326.0B |
| TOTAL LIABILITIES | $3.2T |
| Common Stock | $18.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $267.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $300.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $300.7B |
| TOTAL LIABILITIES & EQUITY | $3.5T |
| Total Debt | $383.6B |
| Net Debt | $141.1B |
