| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.6B | $12.1B | $14.5B | 3.8% | -13.1% |
| Op. Income | $2.4B | $143M | $2.5B | 1557.1% | -4.7% |
| Gross Margin | 44.8% | 47.0% | 39.9% | -2.2pp | 4.9pp |
| Net Margin | 14.4% | 1.6% | 12.5% | 12.9pp | 1.9pp |
| EPS (Diluted) | $0.14 | $0.01 | $0.14 | 867.4% | 1.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12.6B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.9B |
| SG&A Expenses | $2.9B |
| Other Expenses | $391M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $8.9B |
| Interest Expense | $7.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $545M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $0 |
| EBIT | $2.4B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.6B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.9B |
| SG&A Expenses | $2.9B |
| Other Expenses | $391M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $8.9B |
| Interest Expense | $7.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $545M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $0 |
| EBIT | $2.4B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.8B |
| 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 | $405.8B |
| Short-Term Investments | $147.4B |
| Net Receivables | $12.4B |
| Inventory | $0 |
| Other Current Assets | $4.1B |
| TOTAL CURRENT ASSETS | $569.6B |
| PP&E (Net) | $7.0B |
| Goodwill | $5.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $861.1B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $301.7B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.7T |
| Account Payables | $0 |
| Short-Term Debt | $250.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $109.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $434M |
| Other Non-Current Liabilities | $151.9B |
| TOTAL NON-CURRENT LIABILITIES | $261.5B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $14.1B |
| Additional Paid-In Capital | $7.1B |
| Retained Earnings | $38.5B |
| Treasury Stock | -$314M |
| Accum. Other Comp. Income | $6.6B |
| Other Equity | $31.3K |
| TOTAL STOCKHOLDERS' EQUITY | $66.0B |
| Minority Interest | $493M |
| TOTAL EQUITY | $66.5B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $360.0B |
| Net Debt | -$45.8B |
