| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.2B | $22.7B | $20.4B | -2.5% | 8.7% |
| Op. Income | $3.6B | $3.7B | $3.2B | -3.2% | 10.2% |
| Gross Margin | 37.7% | 29.3% | 30.1% | 8.4pp | 7.6pp |
| Net Margin | 12.7% | 13.0% | 12.6% | -0.3pp | 0.1pp |
| EPS (Diluted) | $4.80 | $5.02 | $4.37 | -4.4% | 9.8% |
| Item | Amount |
|---|---|
| REVENUE | $22.2B |
| Cost of Revenue | $13.8B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.8B |
| Operating Expenses | $4.8B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $748M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $0 |
| EBIT | $3.6B |
| EBITDA | $3.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $22.2B |
| Cost of Revenue | $13.8B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.8B |
| Operating Expenses | $4.8B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $748M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $0 |
| EBIT | $3.6B |
| EBITDA | $3.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $90.0B |
| Net Receivables | $17.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $107.6B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $122.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $90.2B |
| Common Stock | $584M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.6B |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $94.3B |
| Total Debt | $0 |
| Net Debt | $0 |
