| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77.7B | $76.4B | $65.6B | 1.6% | 18.4% |
| Op. Income | $38.0B | $34.3B | $30.6B | 10.6% | 24.3% |
| Gross Margin | 69.0% | 68.6% | 69.4% | 0.5pp | -0.3pp |
| Net Margin | 35.7% | 35.6% | 37.6% | 0.1pp | -1.9pp |
| EPS (Diluted) | $3.72 | $3.65 | $3.30 | 1.9% | 12.7% |
| Free Cash Flow | $25.7B | $25.6B | $19.3B | 0.4% | 33.3% |
| Item | Amount |
|---|---|
| REVENUE | $77.7B |
| Cost of Revenue | $24.0B |
| GROSS PROFIT | $53.6B |
| R&D Expenses | $8.1B |
| Selling & Marketing | $5.7B |
| General & Administrative | $1.8B |
| SG&A Expenses | $7.5B |
| Other Expenses | $0 |
| Operating Expenses | $15.7B |
| Cost & Expenses | $39.7B |
| OPERATING INCOME | $38.0B |
| Interest Income | $976M |
| Interest Expense | $698M |
| Other Income/Expenses | -$3.7B |
| INCOME BEFORE TAX | $34.3B |
| Income Tax Expense | $6.6B |
| Net Income from Continuing Ops | $27.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27.7B |
| D&A | $13.1B |
| EBIT | $35.0B |
| EBITDA | $48.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $77.7B |
| Cost of Revenue | $24.0B |
| GROSS PROFIT | $53.6B |
| R&D Expenses | $8.1B |
| Selling & Marketing | $5.7B |
| General & Administrative | $1.8B |
| SG&A Expenses | $7.5B |
| Other Expenses | $0 |
| Operating Expenses | $15.7B |
| Cost & Expenses | $39.7B |
| OPERATING INCOME | $38.0B |
| Interest Income | $976M |
| Interest Expense | $698M |
| Other Income/Expenses | -$3.7B |
| INCOME BEFORE TAX | $34.3B |
| Income Tax Expense | $6.6B |
| Net Income from Continuing Ops | $27.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27.7B |
| D&A | $13.1B |
| EBIT | $35.0B |
| EBITDA | $48.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $27.7B |
| Depreciation & Amortization | $13.1B |
| Stock-Based Compensation | $3.0B |
| Deferred Income Tax | $2.5B |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | -$218M |
| OPERATING CASH FLOW | $45.1B |
| Capital Expenditure | -$19.4B |
| Acquisitions (Net) | -$578M |
| Purchases of Investments | -$17.7B |
| Sales/Maturities of Investments | $9.3B |
| Other Investing Activities | -$6.2B |
| NET CASH FROM INVESTING | -$34.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.7B |
| Common Dividends Paid | -$6.2B |
| Other Financing Activities | -$669M |
| NET CASH FROM FINANCING | -$11.8B |
| FREE CASH FLOW | $25.7B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28.8B |
| Short-Term Investments | $73.2B |
| Net Receivables | $52.9B |
| Inventory | $1.1B |
| Other Current Assets | $33.0B |
| TOTAL CURRENT ASSETS | $189.1B |
| PP&E (Net) | $255.7B |
| Goodwill | $119.5B |
| Intangible Assets | $21.2B |
| Long-Term Investments | $10.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $40.6B |
| TOTAL NON-CURRENT ASSETS | $447.3B |
| TOTAL ASSETS | $636.4B |
| Account Payables | $32.6B |
| Short-Term Debt | $7.8B |
| Deferred Revenue | $59.0B |
| Other Current Liabilities | $23.1B |
| TOTAL CURRENT LIABILITIES | $135.0B |
| Long-Term Debt | $35.4B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $29.2B |
| TOTAL NON-CURRENT LIABILITIES | $138.3B |
| TOTAL LIABILITIES | $273.3B |
| Common Stock | $111.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $254.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $363.1B |
| TOTAL LIABILITIES & EQUITY | $636.4B |
| Total Debt | $120.4B |
| Net Debt | $91.5B |
