| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.3B | — | 0.7% |
| Op. Income | $377M | — | $385M | — | -2.1% |
| Gross Margin | 29.0% | — | 30.2% | — | -1.2pp |
| Net Margin | 15.0% | — | 13.7% | — | 1.4pp |
| EPS (Diluted) | $0.03 | — | $0.03 | — | 10.5% |
| Free Cash Flow | $408M | — | $397M | — | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $680M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $303M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $377M |
| Interest Income | $78M |
| Interest Expense | $37M |
| Other Income/Expenses | $75M |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $354M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $73M |
| EBIT | $488M |
| EBITDA | $561M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $680M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $303M |
| Other Expenses | $0 |
| Operating Expenses | $303M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $377M |
| Interest Income | $78M |
| Interest Expense | $37M |
| Other Income/Expenses | $75M |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $354M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $73M |
| EBIT | $488M |
| EBITDA | $561M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $354M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $437M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $127.2K |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $81M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | -$377M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$440M |
| FREE CASH FLOW | $408M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $4.3B |
| Net Receivables | $2.5B |
| Inventory | $6M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $3.5B |
| Intangible Assets | $275M |
| Long-Term Investments | $308M |
| Tax Assets | $27M |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $209M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $248M |
| Other Current Liabilities | $438M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $165M |
| Other Non-Current Liabilities | $688M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $223M |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $8.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $285M |
| Other Equity | $696M |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $18M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $1.7B |
| Net Debt | $350M |
