| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662M | $705M | $670M | -6.1% | -1.3% |
| Op. Income | $212M | $228M | $224M | -7.4% | -5.5% |
| Gross Margin | 56.9% | 55.4% | 55.3% | 1.5pp | 1.6pp |
| Net Margin | 24.7% | 25.0% | 25.6% | -0.3pp | -1.0pp |
| EPS (Diluted) | $1.44 | $1.53 | $1.47 | -5.9% | -2.0% |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $285M |
| GROSS PROFIT | $376M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $47M |
| Operating Expenses | $165M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $212M |
| Interest Income | $629M |
| Interest Expense | $243M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $0 |
| EBIT | $212M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $285M |
| GROSS PROFIT | $376M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $47M |
| Operating Expenses | $165M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $212M |
| Interest Income | $629M |
| Interest Expense | $243M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $0 |
| EBIT | $212M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $973M |
| Goodwill | $661M |
| Intangible Assets | $0 |
| Long-Term Investments | $36.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $39.8B |
| TOTAL ASSETS | $41.7B |
| Account Payables | $0 |
| Short-Term Debt | $351M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $351M |
| Long-Term Debt | $463M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34.7B |
| TOTAL NON-CURRENT LIABILITIES | $35.2B |
| TOTAL LIABILITIES | $35.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $41.7B |
| Total Debt | $814M |
| Net Debt | -$888M |
