| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | — | $203M | — | 24.2% |
| Op. Income | $74M | — | $49M | — | 51.9% |
| Gross Margin | 67.3% | — | 63.3% | — | 3.9pp |
| Net Margin | 22.9% | — | 19.4% | — | 3.4pp |
| EPS (Diluted) | $1.10 | — | $0.84 | — | 31.0% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $22M |
| Operating Expenses | $95M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $74M |
| Interest Income | $225M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $0 |
| EBIT | $74M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $22M |
| Operating Expenses | $95M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $74M |
| Interest Income | $225M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $0 |
| EBIT | $74M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $1.5B |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | -$2.5B |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $0 |
| Goodwill | $350M |
| Intangible Assets | $29M |
| Long-Term Investments | $15.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $738M |
| TOTAL NON-CURRENT ASSETS | $16.2B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $213M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.2B |
| TOTAL NON-CURRENT LIABILITIES | $14.5B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $51M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $893M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $93.0K |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $272M |
| Net Debt | -$885M |