FY 2026 Earnings

Reported February 27, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2026	Prior Q	FY 2025	QoQ Change	YoY Change
Revenue	$3.0B	—	$2.3B	—	34.1%
Op. Income	$277M	—	-$7M	—	3847.4%
Gross Margin	55.4%	—	53.3%	—	2.0pp
Net Margin	17.6%	—	3.8%	—	13.9pp
EPS (Diluted)	$2.76	—	$1.26	—	119.0%

Revenue Flow

Item	Amount
REVENUE	$3.0B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$2.7B
OPERATING INCOME	$277M
Interest Income	$62M
Interest Expense	$0
Other Income/Expenses	$410M
INCOME BEFORE TAX	$687M
Income Tax Expense	$155M
Net Income from Continuing Ops	$532M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$533M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$533M
D&A	$0
EBIT	$277M
EBITDA	$277M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.0B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$2.7B
OPERATING INCOME	$277M
Interest Income	$62M
Interest Expense	$0
Other Income/Expenses	$410M
INCOME BEFORE TAX	$687M
Income Tax Expense	$155M
Net Income from Continuing Ops	$532M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$533M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$533M
D&A	$0
EBIT	$277M
EBITDA	$277M
EPS	$3
EPS Diluted	$3

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$1.7B
Net Receivables	$46.0K
Inventory	$143M
Other Current Assets	$233M
TOTAL CURRENT ASSETS	$3.8B
PP&E (Net)	$880M
Goodwill	$46M
Intangible Assets	$46M
Long-Term Investments	$863M
Tax Assets	$3M
Other Non-Current Assets	$255M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$5.9B
Account Payables	$153M
Short-Term Debt	$109M
Deferred Revenue	$833M
Other Current Liabilities	$672M
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$0
Deferred Revenue NC	$49M
Deferred Tax Liabilities	$68M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$395M
TOTAL LIABILITIES	$2.2B
Common Stock	$205.0K
Additional Paid-In Capital	$3.7B
Retained Earnings	-$130M
Treasury Stock	-$20.0K
Accum. Other Comp. Income	$210M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.8B
Minority Interest	-$751.0K
TOTAL EQUITY	$3.8B
TOTAL LIABILITIES & EQUITY	$5.9B
Total Debt	$387M
Net Debt	-$1.4B