I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 5.018 B, missing the estimate of USD 5.795 B.
EPS: As of FY2026 Q1, the actual value is USD 0.26, missing the estimate of USD 0.2738.
EBIT: As of FY2026 Q1, the actual value is USD 233.48 M.
Financial Metrics by Segment
Segment Revenue
- Net sales for Q1 FY2026 were $5.0 billion, compared to $5.8 billion in Q4 FY2025 and $5.9 billion in Q1 FY2025.
Operational Metrics
- Gross margin for Q1 FY2026 was 9.3%, down from 9.5% in Q4 FY2025 and 13.1% in Q1 FY2025.
- Net income for Q1 FY2026 was $168 million, compared to $195 million in Q4 FY2025 and $424 million in Q1 FY2025.
- Operating expenses for Q1 FY2026 were $285.1 million, compared to $266.4 million in Q1 FY2025.
- Income from operations for Q1 FY2026 was $182.3 million, compared to $509.2 million in Q1 FY2025.
Cash Flow
- Cash flow used by operations for Q1 FY2026 was - $918 million.
- Capital expenditures for Q1 FY2026 were $32 million.
Unique Metrics
- Total cash and cash equivalents as of September 30, 2025, were $4.2 billion, with total bank debt and convertible notes at $4.8 billion.
Outlook / Guidance
- The company expects net sales of $10.0 billion to $11.0 billion for Q2 FY2026, with GAAP net income per diluted share of $0.37 to $0.45 and non-GAAP net income per diluted share of $0.46 to $0.54.
- For FY2026, the company anticipates at least $36.0 billion in net sales.