| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.1B | 2.7% | 2.2% |
| Op. Income | $657M | $630M | $547M | 4.3% | 20.1% |
| Gross Margin | 65.8% | 66.9% | 39.0% | -1.1pp | 26.8pp |
| Net Margin | 24.3% | 25.0% | 18.9% | -0.7pp | 5.4pp |
| EPS (Diluted) | $0.91 | $0.90 | $0.68 | 1.1% | 33.8% |
| Free Cash Flow | $629M | $536M | $614M | 17.4% | 2.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $730M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $541M |
| SG&A Expenses | $561M |
| Other Expenses | $189M |
| Operating Expenses | $750M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $657M |
| Interest Income | $6M |
| Interest Expense | $87M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $677M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $519M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $519M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $519M |
| D&A | $165M |
| EBIT | $556M |
| EBITDA | $721M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $730M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $541M |
| SG&A Expenses | $561M |
| Other Expenses | $189M |
| Operating Expenses | $750M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $657M |
| Interest Income | $6M |
| Interest Expense | $87M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $677M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $519M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $519M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $519M |
| D&A | $165M |
| EBIT | $556M |
| EBITDA | $721M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $519M |
| Depreciation & Amortization | $165M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $689M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$166M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $965M |
| NET CASH FROM INVESTING | $747M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$548M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4.0B |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | $629M |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $184M |
| Net Receivables | $985M |
| Inventory | $0 |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $1.2B |
| Goodwill | $14.3B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $22.9B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $0 |
| Short-Term Debt | $431M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $6M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $5M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $9.4B |
| Net Debt | $8.9B |
