| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.5B | -5.0% | 14.7% |
| Op. Income | $542M | $308M | $63M | 76.1% | 756.0% |
| Gross Margin | 82.8% | 89.0% | 84.5% | -6.2pp | -1.6pp |
| Net Margin | 15.1% | 15.1% | 3.6% | 0.0pp | 11.4pp |
| EPS (Diluted) | $2.28 | $2.31 | $0.39 | -1.3% | 484.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $286M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $837M |
| SG&A Expenses | $837M |
| Other Expenses | $0 |
| Operating Expenses | $837M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $542M |
| Interest Income | $451M |
| Interest Expense | $187M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | -$9M |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $0 |
| EBIT | $514M |
| EBITDA | $514M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $286M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $837M |
| SG&A Expenses | $837M |
| Other Expenses | $0 |
| Operating Expenses | $837M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $542M |
| Interest Income | $451M |
| Interest Expense | $187M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | -$9M |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $0 |
| EBIT | $514M |
| EBITDA | $514M |
| EPS | $2 |
| EPS Diluted | $2 |
