Q1 2026 Earnings

Reported April 21, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2026	Q4 2025	Q1 2025	QoQ Change	YoY Change
Revenue	$2.7B	—	—	—	—
Op. Income	$2.4B	—	—	—	—
Gross Margin	96.1%	—	—	—	—
Net Margin	9.9%	—	—	—	—
EPS (Diluted)	$0.59	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$106M
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$68M
SG&A Expenses	$68M
Other Expenses	$170M
Operating Expenses	$238M
Cost & Expenses	$344M
OPERATING INCOME	$2.4B
Interest Income	$1.9B
Interest Expense	$1.0B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$117M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$27M
EBIT	$2.3B
EBITDA	$2.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$106M
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$68M
SG&A Expenses	$68M
Other Expenses	$170M
Operating Expenses	$238M
Cost & Expenses	$344M
OPERATING INCOME	$2.4B
Interest Income	$1.9B
Interest Expense	$1.0B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$117M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$27M
EBIT	$2.3B
EBITDA	$2.4B
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$5.1B
Short-Term Investments	$52.7B
Net Receivables	$86.5B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$91.6B
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$13.4B
Tax Assets	$0
Other Non-Current Assets	$2.2B
TOTAL NON-CURRENT ASSETS	$15.6B
TOTAL ASSETS	$218.7B
Account Payables	$0
Short-Term Debt	$12M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$12M
Long-Term Debt	$32.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$165.5B
TOTAL NON-CURRENT LIABILITIES	$197.5B
TOTAL LIABILITIES	$197.5B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$21.3B
TOTAL STOCKHOLDERS' EQUITY	$21.3B
Minority Interest	$15.7B
TOTAL EQUITY	$21.3B
TOTAL LIABILITIES & EQUITY	$218.7B
Total Debt	$12M
Net Debt	-$5.1B