| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.1B | 13.6% | 5.5% |
| Op. Income | $162M | $106M | $153M | 53.1% | 5.6% |
| Gross Margin | 41.9% | 43.4% | 43.1% | -1.4pp | -1.2pp |
| Net Margin | 12.7% | 14.3% | 13.0% | -1.5pp | -0.3pp |
| EPS (Diluted) | $0.98 | $0.96 | $0.92 | 2.1% | 6.5% |
| Free Cash Flow | $109M | $117M | $161M | -6.9% | -32.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $667M |
| GROSS PROFIT | $481M |
| R&D Expenses | $75M |
| Selling & Marketing | $196M |
| General & Administrative | $42M |
| SG&A Expenses | $238M |
| Other Expenses | $7M |
| Operating Expenses | $319M |
| Cost & Expenses | $986M |
| OPERATING INCOME | $162M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $20M |
| EBIT | $166M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $667M |
| GROSS PROFIT | $481M |
| R&D Expenses | $75M |
| Selling & Marketing | $196M |
| General & Administrative | $42M |
| SG&A Expenses | $238M |
| Other Expenses | $7M |
| Operating Expenses | $319M |
| Cost & Expenses | $986M |
| OPERATING INCOME | $162M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $20M |
| EBIT | $166M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$129.3K |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$301.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$127M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $678M |
| Inventory | $500M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $193M |
| Goodwill | $466M |
| Intangible Assets | $20M |
| Long-Term Investments | $28M |
| Tax Assets | $213M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $965M |
| TOTAL ASSETS | $3.7B |
| Account Payables | $550M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $328M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $213M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $29M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $3.8B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $94M |
| Net Debt | -$1.4B |
