Q1 2026 Earnings

Reported April 23, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2026	Q4 2025	Q1 2025	QoQ Change	YoY Change
Revenue	$1.1B	$1.1B	$1.0B	-1.0%	7.9%
Op. Income	$293M	$279M	$223M	5.0%	31.5%
Gross Margin	75.1%	67.1%	63.6%	8.0pp	11.5pp
Net Margin	22.1%	20.8%	17.2%	1.3pp	4.9pp
EPS (Diluted)	$3.78	$3.53	$2.56	7.1%	47.7%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$277M
GROSS PROFIT	$836M
R&D Expenses	$0
Selling & Marketing	$23M
General & Administrative	$444M
SG&A Expenses	$467M
Other Expenses	$76M
Operating Expenses	$543M
Cost & Expenses	$820M
OPERATING INCOME	$293M
Interest Income	$947M
Interest Expense	$277M
Other Income/Expenses	$0
INCOME BEFORE TAX	$293M
Income Tax Expense	$47M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$246M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$245M
D&A	$384.0K
EBIT	$293M
EBITDA	$293M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$277M
GROSS PROFIT	$836M
R&D Expenses	$0
Selling & Marketing	$23M
General & Administrative	$444M
SG&A Expenses	$467M
Other Expenses	$76M
Operating Expenses	$543M
Cost & Expenses	$820M
OPERATING INCOME	$293M
Interest Income	$947M
Interest Expense	$277M
Other Income/Expenses	$0
INCOME BEFORE TAX	$293M
Income Tax Expense	$47M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$246M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$245M
D&A	$384.0K
EBIT	$293M
EBITDA	$293M
EPS	$4
EPS Diluted	$4

Balance Sheet

Item	Amount
Cash & Equivalents	$5.0B
Short-Term Investments	$22.0B
Net Receivables	$309M
Inventory	$0
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$27.3B
PP&E (Net)	$706M
Goodwill	$790M
Intangible Assets	$5M
Long-Term Investments	$45.4B
Tax Assets	$0
Other Non-Current Assets	$1.9B
TOTAL NON-CURRENT ASSETS	$48.8B
TOTAL ASSETS	$76.1B
Account Payables	$0
Short-Term Debt	$385M
Deferred Revenue	$0
Other Current Liabilities	$67.6B
TOTAL CURRENT LIABILITIES	$68.0B
Long-Term Debt	$735M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1.1B
TOTAL NON-CURRENT LIABILITIES	$1.8B
TOTAL LIABILITIES	$69.8B
Common Stock	$1M
Additional Paid-In Capital	$4.9B
Retained Earnings	$5.4B
Treasury Stock	-$2.9B
Accum. Other Comp. Income	-$1.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.3B
Minority Interest	$0
TOTAL EQUITY	$6.3B
TOTAL LIABILITIES & EQUITY	$76.1B
Total Debt	$1.1B
Net Debt	-$3.9B