| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.2B | $10.3B | $10.0B | 9.2% | 12.1% |
| Op. Income | $2.5B | $2.2B | $1.8B | 12.0% | 34.7% |
| Gross Margin | 77.6% | 78.0% | 77.8% | -0.4pp | -0.2pp |
| Net Margin | 17.3% | 20.3% | 17.1% | -3.0pp | 0.3pp |
| EPS (Diluted) | $2.07 | $2.18 | $1.75 | -5.0% | 18.3% |
| Free Cash Flow | $5.3B | $2.2B | $3.8B | 144.5% | 39.5% |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $4.0B |
| General & Administrative | $902M |
| SG&A Expenses | $4.9B |
| Other Expenses | -$296M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $177M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $685M |
| 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 | $1.1B |
| EBIT | $2.6B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $4.0B |
| General & Administrative | $902M |
| SG&A Expenses | $4.9B |
| Other Expenses | -$296M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $177M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $685M |
| 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 | $1.1B |
| EBIT | $2.6B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $1.1B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$251M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $5.5B |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | -$8.2B |
| Purchases of Investments | -$705M |
| Sales/Maturities of Investments | $375M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.7B |
| Net Debt Issuance | $5.9B |
| Common Stock Repurchased | -$3.9B |
| Common Dividends Paid | -$391M |
| Other Financing Activities | -$212M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $5.3B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.3B |
| Short-Term Investments | $2.2B |
| Net Receivables | $14.3B |
| Inventory | $0 |
| Other Current Assets | $4.3B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $5.1B |
| Goodwill | $57.9B |
| Intangible Assets | $6.8B |
| Long-Term Investments | $7.6B |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $84.1B |
| TOTAL ASSETS | $112.3B |
| Account Payables | $0 |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $24.3B |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $37.1B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $16.0B |
| TOTAL LIABILITIES | $53.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $68.8B |
| Retained Earnings | $22.2B |
| Treasury Stock | -$32.2B |
| Accum. Other Comp. Income | $313M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $59.1B |
| TOTAL LIABILITIES & EQUITY | $112.3B |
| Total Debt | $17.2B |
| Net Debt | $9.8B |
