| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.5B | $4.4B | 6.7% | 8.5% |
| Op. Income | $813M | $258M | $540M | 215.7% | 50.4% |
| Gross Margin | 44.1% | 41.1% | 41.3% | 3.0pp | 2.8pp |
| Net Margin | 14.0% | 11.1% | 12.2% | 2.9pp | 1.7pp |
| EPS (Diluted) | $0.59 | $0.44 | $0.47 | 34.6% | 25.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $285M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $813M |
| Interest Income | $547M |
| Interest Expense | $284M |
| Other Income/Expenses | $161M |
| INCOME BEFORE TAX | $974M |
| Income Tax Expense | $289M |
| Net Income from Continuing Ops | $685M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $672M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $672M |
| D&A | $626M |
| EBIT | $1.1B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $285M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $813M |
| Interest Income | $547M |
| Interest Expense | $284M |
| Other Income/Expenses | $161M |
| INCOME BEFORE TAX | $974M |
| Income Tax Expense | $289M |
| Net Income from Continuing Ops | $685M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $672M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $672M |
| D&A | $626M |
| EBIT | $1.1B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $672M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$672M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $0 |
| Net Receivables | $35.2B |
| Inventory | $1.3B |
| Other Current Assets | $723M |
| TOTAL CURRENT ASSETS | $44.8B |
| PP&E (Net) | $6.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $28.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.9B |
| TOTAL NON-CURRENT ASSETS | $61.7B |
| TOTAL ASSETS | $106.5B |
| Account Payables | $2.0B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $36.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34.3B |
| TOTAL NON-CURRENT LIABILITIES | $70.3B |
| TOTAL LIABILITIES | $80.0B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $21.3B |
| Treasury Stock | -$530M |
| Accum. Other Comp. Income | $2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.0B |
| Minority Interest | $510M |
| TOTAL EQUITY | $26.5B |
| TOTAL LIABILITIES & EQUITY | $106.5B |
| Total Debt | $40.0B |
| Net Debt | $32.4B |
