| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.0B | 1.5% | 7.4% |
| Op. Income | $320M | $294M | $311M | 8.9% | 2.9% |
| Gross Margin | 42.3% | 42.4% | 42.5% | -0.1pp | -0.2pp |
| Net Margin | 10.8% | 10.8% | 11.6% | -0.1pp | -0.8pp |
| EPS (Diluted) | $1.77 | $1.76 | $1.77 | 0.6% | 0.0% |
| Free Cash Flow | $175M | $78M | $197M | 123.9% | -11.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $893M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $574M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $320M |
| Interest Income | $4M |
| Interest Expense | $29M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $51M |
| EBIT | $327M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $893M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $574M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $320M |
| Interest Income | $4M |
| Interest Expense | $29M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $51M |
| EBIT | $327M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | -$116M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $523.0K |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$65M |
| Other Financing Activities | -$221.0K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.1B |
| Other Current Assets | $365M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $1.9B |
| Goodwill | $1.7B |
| Intangible Assets | $832M |
| Long-Term Investments | $0 |
| Tax Assets | $147M |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $762M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $86M |
| Deferred Tax Liabilities | $227M |
| Other Non-Current Liabilities | $158M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$973M |
| Accum. Other Comp. Income | -$513M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $3.0B |
| Net Debt | $2.7B |
