| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $2.1B | -0.7% | 11.2% |
| Op. Income | $212M | $207M | $180M | 2.7% | 18.0% |
| Gross Margin | 9.3% | 9.0% | 8.7% | 0.3pp | 0.5pp |
| Net Margin | 5.5% | 6.9% | 5.8% | -1.4pp | -0.4pp |
| EPS (Diluted) | $5.63 | $7.14 | $5.33 | -21.1% | 5.6% |
| Free Cash Flow | $154M | $128M | $23M | 20.3% | 564.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $212M |
| R&D Expenses | $0 |
| Selling & Marketing | $474M |
| General & Administrative | $0 |
| SG&A Expenses | $474M |
| Other Expenses | -$474M |
| Operating Expenses | $0 |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $54M |
| EBIT | $212M |
| EBITDA | $267M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $212M |
| R&D Expenses | $0 |
| Selling & Marketing | $474M |
| General & Administrative | $0 |
| SG&A Expenses | $474M |
| Other Expenses | -$474M |
| Operating Expenses | $0 |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $54M |
| EBIT | $212M |
| EBITDA | $267M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$222.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$261.0K |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $140M |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $579M |
| Goodwill | $5.0B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $160M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $371M |
| Short-Term Debt | $69M |
| Deferred Revenue | $197M |
| Other Current Liabilities | $322M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $166M |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $667M |
| Retained Earnings | $5.0B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
