| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $11.3B | $11.7B | 8.7% | 5.0% |
| Op. Income | $3.4B | $2.9B | $3.6B | 15.4% | -5.3% |
| Gross Margin | 54.6% | 55.3% | 55.8% | -0.8pp | -1.2pp |
| Net Margin | 24.5% | -27.7% | 27.3% | 52.2pp | -2.7pp |
| EPS (Diluted) | $2.78 | $-2.77 | $2.83 | 200.4% | -1.8% |
| Free Cash Flow | $4.4B | $3.6B | $4.3B | 23.0% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $865M |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $3.4B |
| Interest Income | $0 |
| Interest Expense | $169M |
| Other Income/Expenses | $181M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $543M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $0 |
| EBIT | $3.4B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $865M |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $3.4B |
| Interest Income | $0 |
| Interest Expense | $169M |
| Other Income/Expenses | $181M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $543M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $0 |
| EBIT | $3.4B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $393M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $974M |
| Change in Working Capital | $594M |
| OPERATING CASH FLOW | $5.0B |
| Capital Expenditure | -$549M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $767M |
| Other Investing Activities | $199M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.6B |
| Common Dividends Paid | -$949M |
| Other Financing Activities | -$283M |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | -$638M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $4.6B |
| Net Receivables | $4.2B |
| Inventory | $6.7B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $24.6B |
| PP&E (Net) | $4.9B |
| Goodwill | $14.2B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.7B |
| TOTAL NON-CURRENT ASSETS | $28.4B |
| TOTAL ASSETS | $53.0B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $379M |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $14.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $20.1B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $22.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $575M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.1B |
| TOTAL LIABILITIES & EQUITY | $53.0B |
| Total Debt | $14.8B |
| Net Debt | $7.6B |
