| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.2B | $7.3B | $6.8B | -1.2% | 6.1% |
| Op. Income | $0 | $1.4B | $783M | -100.0% | -100.0% |
| Net Margin | 11.8% | 15.5% | 9.3% | -3.6pp | 2.6pp |
| EPS (Diluted) | $3.04 | $3.98 | $2.15 | -23.6% | 41.4% |
| Free Cash Flow | $1.0B | $1.8B | $947M | -42.5% | 7.1% |
| Item | Amount |
|---|---|
| REVENUE | $7.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $0 |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $201M |
| Net Income from Continuing Ops | $856M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $856M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $856M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $856M |
| Depreciation & Amortization | $656M |
| Stock-Based Compensation | -$39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$428M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$301M |
| NET CASH FROM INVESTING | -$332M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$658M |
| NET CASH FROM FINANCING | -$663M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $4.2B |
| Net Receivables | $6.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.1B |
| PP&E (Net) | $923M |
| Goodwill | $1.9B |
| Intangible Assets | $549M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $86.3B |
| Account Payables | $612M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $612M |
| TOTAL CURRENT LIABILITIES | $612M |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62.4B |
| TOTAL NON-CURRENT LIABILITIES | $66.8B |
| TOTAL LIABILITIES | $67.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $25.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.9B |
| TOTAL LIABILITIES & EQUITY | $86.3B |
| Total Debt | $4.4B |
| Net Debt | $4.2B |
