| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.7B | $4.7B | 4.5% | 4.8% |
| Op. Income | $1.0B | $991M | $994M | 3.7% | 3.4% |
| Gross Margin | 30.9% | 30.2% | 30.9% | 0.7pp | -0.0pp |
| Net Margin | 16.4% | 17.2% | 16.2% | -0.8pp | 0.2pp |
| EPS (Diluted) | $0.19 | $0.20 | $0.18 | -5.0% | 5.6% |
| Free Cash Flow | $884M | $892M | $1.1B | -0.9% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $258M |
| General & Administrative | $239M |
| SG&A Expenses | $497M |
| Other Expenses | $0 |
| Operating Expenses | $497M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $96M |
| Interest Expense | $12M |
| Other Income/Expenses | $110M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $329M |
| Net Income from Continuing Ops | $809M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $0 |
| EBIT | $1.0B |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $258M |
| General & Administrative | $239M |
| SG&A Expenses | $497M |
| Other Expenses | $0 |
| Operating Expenses | $497M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $96M |
| Interest Expense | $12M |
| Other Income/Expenses | $110M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $329M |
| Net Income from Continuing Ops | $809M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $0 |
| EBIT | $1.0B |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $809M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $983M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | -$75M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $665M |
| NET CASH FROM INVESTING | $491M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$750M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $884M |
| Net Change in Cash | $341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $887M |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $11.2B |
| PP&E (Net) | $2.2B |
| Goodwill | $1.3B |
| Intangible Assets | $370M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $422M |
| Short-Term Debt | $0 |
| Deferred Revenue | $994M |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $480M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $242M |
| Additional Paid-In Capital | $275M |
| Retained Earnings | $9.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $47M |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $693M |
| Net Debt | -$2.5B |
