| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.3B | $3.2B | -3.2% | 1.7% |
| Op. Income | $863M | $971M | $761M | -11.1% | 13.4% |
| Gross Margin | 71.3% | 70.5% | 68.6% | 0.8pp | 2.7pp |
| Net Margin | 20.6% | 22.8% | 18.4% | -2.2pp | 2.2pp |
| EPS (Diluted) | $4.24 | $4.67 | $3.32 | -9.2% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $23M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $863M |
| Interest Income | $2.5B |
| Interest Expense | $784M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $863M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $664M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664M |
| D&A | $0 |
| EBIT | $863M |
| EBITDA | $863M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $23M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $863M |
| Interest Income | $2.5B |
| Interest Expense | $784M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $863M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $664M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664M |
| D&A | $0 |
| EBIT | $863M |
| EBITDA | $863M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $38.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $40.5B |
| PP&E (Net) | $0 |
| Goodwill | $8.5B |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $214.7B |
| Account Payables | $0 |
| Short-Term Debt | $7.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.9B |
| TOTAL NON-CURRENT LIABILITIES | $178.9B |
| TOTAL LIABILITIES | $186.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $28.0B |
| TOTAL STOCKHOLDERS' EQUITY | $28.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $28.0B |
| TOTAL LIABILITIES & EQUITY | $214.7B |
| Total Debt | $7.9B |
| Net Debt | $5.9B |
