| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.9B | $19.7B | $14.5B | -19.1% | 9.5% |
| Op. Income | $1.4B | $4.2B | $1.8B | -67.3% | -22.9% |
| Gross Margin | 56.2% | 61.6% | 55.2% | -5.3pp | 1.0pp |
| Net Margin | 7.6% | 28.4% | 7.3% | -20.8pp | 0.4pp |
| EPS (Diluted) | $1.28 | $5.88 | $1.12 | -78.2% | 14.3% |
| Free Cash Flow | $4.8B | $3.1B | $4.0B | 52.6% | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $15.9B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $5.1B |
| SG&A Expenses | $5.1B |
| Other Expenses | $328M |
| Operating Expenses | $7.6B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $152M |
| Interest Expense | $473M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | -$33M |
| EBIT | $1.9B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.9B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $5.1B |
| SG&A Expenses | $5.1B |
| Other Expenses | $328M |
| Operating Expenses | $7.6B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $152M |
| Interest Expense | $473M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | -$33M |
| EBIT | $1.9B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $506M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $5.2B |
| Capital Expenditure | -$391M |
| Acquisitions (Net) | -$10.5B |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$10.5B |
| Net Debt Issuance | $4.5B |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | $4.8B |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $964M |
| Net Receivables | $14.2B |
| Inventory | $1.5B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $31.9B |
| PP&E (Net) | $5.8B |
| Goodwill | $74.7B |
| Intangible Assets | $14.6B |
| Long-Term Investments | $2.0B |
| Tax Assets | $8.6B |
| Other Non-Current Assets | $18.6B |
| TOTAL NON-CURRENT ASSETS | $124.3B |
| TOTAL ASSETS | $156.2B |
| Account Payables | $4.0B |
| Short-Term Debt | $9.5B |
| Deferred Revenue | $17.0B |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $40.1B |
| Long-Term Debt | $57.7B |
| Deferred Revenue NC | $4.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.5B |
| TOTAL NON-CURRENT LIABILITIES | $83.1B |
| TOTAL LIABILITIES | $123.2B |
| Common Stock | $63.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $155.3B |
| Treasury Stock | -$170.9B |
| Accum. Other Comp. Income | -$15.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.0B |
| Minority Interest | $81M |
| TOTAL EQUITY | $33.1B |
| TOTAL LIABILITIES & EQUITY | $156.2B |
| Total Debt | $70.6B |
| Net Debt | $59.8B |
