| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.6B | $3.8B | 2.0% | 21.7% |
| Op. Income | $976M | $744M | $690M | 31.2% | 41.4% |
| Gross Margin | 37.2% | 32.0% | 35.5% | 5.2pp | 1.8pp |
| Net Margin | 16.1% | 14.5% | 13.8% | 1.6pp | 2.3pp |
| EPS (Diluted) | $2.53 | $2.22 | $1.75 | 14.0% | 44.6% |
| Free Cash Flow | $607M | $1.1B | $673M | -47.2% | -9.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $225M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $538M |
| Other Expenses | $0 |
| Operating Expenses | $763M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $976M |
| Interest Income | $25M |
| Interest Expense | $30M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $211M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $750M |
| D&A | $259M |
| EBIT | $991M |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $225M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $538M |
| Other Expenses | $0 |
| Operating Expenses | $763M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $976M |
| Interest Income | $25M |
| Interest Expense | $30M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $211M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $750M |
| D&A | $259M |
| EBIT | $991M |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $750M |
| Depreciation & Amortization | $259M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $77M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$236M |
| OPERATING CASH FLOW | $865M |
| Capital Expenditure | -$258M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$254M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$405M |
| Common Dividends Paid | -$209M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$616M |
| FREE CASH FLOW | $607M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $3.0B |
| Other Current Assets | $697M |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $4.4B |
| Goodwill | $7.2B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $17.2B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $2.1B |
| Short-Term Debt | $852M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $198M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.5B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $203M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.0B |
| Minority Interest | $149M |
| TOTAL EQUITY | $13.1B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $5.7B |
| Net Debt | $4.5B |
