| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $229M | $207M | -1.0% | 9.5% |
| Op. Income | $69M | $79M | $59M | -13.3% | 15.7% |
| Gross Margin | 72.3% | 80.6% | 68.2% | -8.3pp | 4.1pp |
| Net Margin | 23.8% | 24.4% | 22.0% | -0.6pp | 1.8pp |
| EPS (Diluted) | $1.26 | $1.18 | $1.00 | 6.8% | 26.0% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $40M |
| Operating Expenses | $95M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $69M |
| Interest Income | $194M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $0 |
| EBIT | $69M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $40M |
| Operating Expenses | $95M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $69M |
| Interest Income | $194M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $0 |
| EBIT | $69M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $636M |
| Short-Term Investments | $500.0K |
| Net Receivables | $166M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $803M |
| PP&E (Net) | $113M |
| Goodwill | $84M |
| Intangible Assets | $9M |
| Long-Term Investments | $10.8B |
| Tax Assets | $120M |
| Other Non-Current Assets | -$10.8B |
| TOTAL NON-CURRENT ASSETS | $327M |
| TOTAL ASSETS | $12.0B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $457M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $337.0K |
| Other Non-Current Liabilities | $10.1B |
| TOTAL NON-CURRENT LIABILITIES | $10.6B |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $60M |
| Additional Paid-In Capital | $641M |
| Retained Earnings | $938M |
| Treasury Stock | -$432M |
| Accum. Other Comp. Income | $160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $579M |
| Net Debt | -$58M |
