| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $817M | $955M | $895M | -14.4% | -8.7% |
| Op. Income | $100M | $322M | $121M | -68.9% | -17.4% |
| Net Margin | 27.6% | 26.0% | 10.0% | 1.7pp | 17.7pp |
| EPS (Diluted) | $2.28 | $2.46 | $0.87 | -7.3% | 162.1% |
| Item | Amount |
|---|---|
| REVENUE | $817M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $360M |
| Operating Expenses | $360M |
| Cost & Expenses | $0 |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $255M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $226M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $598M |
| Short-Term Investments | $6.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $994M |
| Goodwill | $3.1B |
| Intangible Assets | $365M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $68.0B |
| 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 | $58.9B |
| Common Stock | $245M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$326M |
| Other Equity | $6.3B |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $68.0B |
| Total Debt | $0 |
| Net Debt | -$598M |
