| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $996M | $995M | $773M | 0.1% | 29.0% |
| Op. Income | $159M | $151M | $94M | 5.7% | 69.7% |
| Gross Margin | 29.3% | 27.9% | 24.5% | 1.4pp | 4.8pp |
| Net Margin | 13.4% | 13.8% | 11.3% | -0.4pp | 2.1pp |
| EPS (Diluted) | $2.17 | $2.23 | $1.42 | -2.7% | 52.8% |
| Free Cash Flow | $70M | $181M | $942.0K | -61.1% | 7363.7% |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $704M |
| GROSS PROFIT | $292M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $159M |
| Interest Income | $701.0K |
| Interest Expense | $10M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $29M |
| EBIT | $179M |
| EBITDA | $209M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $704M |
| GROSS PROFIT | $292M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $159M |
| Interest Income | $701.0K |
| Interest Expense | $10M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $29M |
| EBIT | $179M |
| EBITDA | $209M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $76M |
| Other Non-Cash Items | $18.0K |
| Change in Working Capital | -$131M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $185M |
| Common Stock Repurchased | -$129M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $454M |
| Short-Term Investments | $0 |
| Net Receivables | $842M |
| Inventory | $689M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.0B |
| Goodwill | $832M |
| Intangible Assets | $425M |
| Long-Term Investments | $0 |
| Tax Assets | $46M |
| Other Non-Current Assets | $380M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $270M |
| Short-Term Debt | $431M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $999M |
| Long-Term Debt | $457M |
| Deferred Revenue NC | $421M |
| Deferred Tax Liabilities | $108M |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $498M |
| Retained Earnings | $3.7B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $907M |
| Net Debt | $453M |
