| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.1B | $24.6B | $21.9B | -2.0% | 9.9% |
| Op. Income | $6.4B | $5.6B | $6.3B | 14.4% | 1.5% |
| Gross Margin | 71.5% | 67.6% | 66.4% | 3.9pp | 5.1pp |
| Net Margin | 21.8% | 20.8% | 50.2% | 0.9pp | -28.5pp |
| EPS (Diluted) | $2.14 | $2.10 | $4.54 | 1.9% | -52.9% |
| Free Cash Flow | $1.5B | $5.5B | $3.4B | -73.2% | -56.5% |
| Item | Amount |
|---|---|
| REVENUE | $24.1B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $17.2B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.0B |
| Other Expenses | $1.2B |
| Operating Expenses | $10.8B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $6.4B |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $755M |
| Net Income from Continuing Ops | $5.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $0 |
| EBIT | $6.4B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.1B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $17.2B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.0B |
| Other Expenses | $1.2B |
| Operating Expenses | $10.8B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $6.4B |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $755M |
| Net Income from Continuing Ops | $5.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $0 |
| EBIT | $6.4B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.2B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $300M |
| Deferred Income Tax | $159M |
| Other Non-Cash Items | -$5.2B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $209M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | $530M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.7B |
| Short-Term Investments | $363M |
| Net Receivables | $17.7B |
| Inventory | $14.6B |
| Other Current Assets | $4.8B |
| TOTAL CURRENT ASSETS | $59.2B |
| PP&E (Net) | $54.7B |
| Goodwill | $48.6B |
| Intangible Assets | $49.1B |
| Long-Term Investments | $0 |
| Tax Assets | $6.7B |
| Other Non-Current Assets | -$17.3B |
| TOTAL NON-CURRENT ASSETS | $141.7B |
| TOTAL ASSETS | $200.9B |
| Account Payables | $10.5B |
| Short-Term Debt | $17.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.8B |
| TOTAL CURRENT LIABILITIES | $57.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $55.0B |
| TOTAL NON-CURRENT LIABILITIES | $62.0B |
| TOTAL LIABILITIES | $119.7B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $169.2B |
| Treasury Stock | -$76.3B |
| Accum. Other Comp. Income | -$14.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $81.2B |
| TOTAL LIABILITIES & EQUITY | $200.9B |
| Total Debt | $17.5B |
| Net Debt | -$4.2B |
