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Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (QAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	874.35M	868.76M	865.11M	833.67M	759.19M
Cost of Revenue	541.79M	524.34M	516.88M	526.19M	422.88M
Gross Profit	332.56M	344.41M	348.23M	307.48M	336.31M
SG&A	—	4.45M	—	—	—
Operating Expenses	182.42M	190.80M	186.86M	165.27M	124.20M
Operating Income	150.14M	153.61M	161.37M	142.20M	212.10M
Interest Income	—	11.03M	—	3.38M	4.95M
Interest Expense	-9.04M	-17.72M	-8.30M	-9.92M	-12.14M
Other Income/Expense	3.10M	—	—	—	—
Pretax Income	304.40M	229.67M	404.00M	323.38M	379.34M
Income Tax	8.28M	17.22M	18.89M	26.67M	5.43M
Net Income	296.53M	212.87M	385.69M	297.72M	374.45M
EBITDA	289.49M	254.04M	263.39M	242.49M	307.28M
EBIT	150.14M	153.61M	161.37M	142.20M	212.10M
EPS (Basic)	0.26	0.19	0.34	0.26	0.33
EPS (Diluted)	0.26	0.19	0.34	0.26	0.33
Margins & Efficiency
Gross Margin %	+38.0%	+39.6%	+40.3%	+36.9%	+44.3%
EBITDA Margin %	+33.1%	+29.2%	+30.4%	+29.1%	+40.5%
Net Margin %	+33.9%	+24.5%	+44.6%	+35.7%	+49.3%
Revenue & Income
Revenue	874.35M	868.76M	865.11M	833.67M	759.19M
Revenue Growth (YoY)	+15.2%	+22.6%	+24.1%	+21.4%	+1.6%
Interest & Investment Income	—	11.03M	—	3.38M	4.95M
Earnings From Equity Investments	161.10M	105.15M	176.38M	187.98M	173.96M
Gain (Loss) on Sale of Assets	-0.10M	0.73M	85.71M	0.65M	1.03M
Gain (Loss) on Sale of Investments	—	-23.21M	—	—	—
Currency Exchange Gain (Loss)	-0.81M	-0.46M	-1.00M	-0.92M	-0.55M
Expenses & Provisions
Cost of Revenue	541.79M	524.34M	516.88M	526.19M	422.88M
Selling, General & Admin	—	4.45M	—	—	—
Operating Expenses	182.42M	190.80M	186.86M	165.27M	124.20M
Other Operating Expenses	44.36M	42.98M	56.68M	40.64M	24.78M
Interest Expense	-9.04M	-17.72M	-8.30M	-9.92M	-12.14M
Other Non Operating Income (Expenses)	3.10M	—	—	—	—
Asset Writedown	—	0.53M	-10.16M	—	—
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	139.35M	100.43M	102.02M	100.29M	95.17M
Profitability & Returns
Gross Profit	332.56M	344.41M	348.23M	307.48M	336.31M
Gross Margin	+38.0%	+39.6%	+40.3%	+36.9%	+44.3%
EBIT	150.14M	153.61M	161.37M	142.20M	212.10M
EBIT Margin	+17.2%	+17.7%	+18.7%	+17.1%	+27.9%
EBITDA	289.49M	254.04M	263.39M	242.49M	307.28M
EBITDA Margin	+33.1%	+29.2%	+30.4%	+29.1%	+40.5%
EBT Excluding Unusual Items	304.50M	251.61M	328.46M	322.73M	378.31M
Pretax Income	304.40M	229.67M	404.00M	323.38M	379.34M
Operating Income	150.14M	153.61M	161.37M	142.20M	212.10M
Operating Margin	+17.2%	+17.7%	+18.7%	+17.1%	+27.9%
Profit Margin	+33.9%	+24.5%	+44.6%	+35.7%	+49.3%
Net Income	296.53M	212.87M	385.69M	297.72M	374.45M
Net Income to Common	296.53M	212.87M	385.69M	297.72M	374.45M
Net Income Growth	-20.8%	+4.0%	+33.4%	+13.1%	+2.5%
Earnings From Continuing Ops.	296.12M	212.44M	385.12M	296.71M	373.91M
Minority Interest in Earnings	0.40M	0.42M	0.57M	1.01M	0.54M
Income Tax Expense	8.28M	17.22M	18.89M	26.67M	5.43M
Effective Tax Rate	+2.7%	+7.5%	+4.7%	+8.2%	+1.4%
Per Share & Capital
EPS (Basic)	0.26	0.19	0.34	0.26	0.33
EPS (Diluted)	0.26	0.19	0.34	0.26	0.33
EPS Growth	-21.1%	+4.0%	+33.4%	+13.1%	+2.5%
Dividend Per Share	—	0.45	—	—	—
Shares Change (YoY)	0	—	—	—	—
Shares Outstanding (Basic)	1.14B	1.14B	1.14B	1.14B	1.14B
Shares Outstanding (Diluted)	1.14B	1.14B	1.14B	1.14B	1.14B
Dividend Growth	—	+12.5%	—	—	—
Free Cash Flow	176.48M	185.86M	246.07M	95.92M	164.45M
Free Cash Flow Margin	+20.2%	+21.4%	+28.4%	+11.5%	+21.7%
Free Cash Flow Per Share	0.16	0.16	0.22	0.08	0.15
Payout Ratio	+172.4%	—	—	—	+121.4%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (QAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	874.35M	868.76M	865.11M	833.67M	759.19M
Cost of Revenue	541.79M	524.34M	516.88M	526.19M	422.88M
Gross Profit	332.56M	344.41M	348.23M	307.48M	336.31M
SG&A	—	4.45M	—	—	—
Operating Expenses	182.42M	190.80M	186.86M	165.27M	124.20M
Operating Income	150.14M	153.61M	161.37M	142.20M	212.10M
Interest Income	—	11.03M	—	3.38M	4.95M
Interest Expense	-9.04M	-17.72M	-8.30M	-9.92M	-12.14M
Other Income/Expense	3.10M	—	—	—	—
Pretax Income	304.40M	229.67M	404.00M	323.38M	379.34M
Income Tax	8.28M	17.22M	18.89M	26.67M	5.43M
Net Income	296.53M	212.87M	385.69M	297.72M	374.45M
EBITDA	289.49M	254.04M	263.39M	242.49M	307.28M
EBIT	150.14M	153.61M	161.37M	142.20M	212.10M
EPS (Basic)	0.26	0.19	0.34	0.26	0.33
EPS (Diluted)	0.26	0.19	0.34	0.26	0.33
Margins & Efficiency
Gross Margin %	+38.0%	+39.6%	+40.3%	+36.9%	+44.3%
EBITDA Margin %	+33.1%	+29.2%	+30.4%	+29.1%	+40.5%
Net Margin %	+33.9%	+24.5%	+44.6%	+35.7%	+49.3%
Revenue & Income
Revenue	874.35M	868.76M	865.11M	833.67M	759.19M
Revenue Growth (YoY)	+15.2%	+22.6%	+24.1%	+21.4%	+1.6%
Interest & Investment Income	—	11.03M	—	3.38M	4.95M
Earnings From Equity Investments	161.10M	105.15M	176.38M	187.98M	173.96M
Gain (Loss) on Sale of Assets	-0.10M	0.73M	85.71M	0.65M	1.03M
Gain (Loss) on Sale of Investments	—	-23.21M	—	—	—
Currency Exchange Gain (Loss)	-0.81M	-0.46M	-1.00M	-0.92M	-0.55M
Expenses & Provisions
Cost of Revenue	541.79M	524.34M	516.88M	526.19M	422.88M
Selling, General & Admin	—	4.45M	—	—	—
Operating Expenses	182.42M	190.80M	186.86M	165.27M	124.20M
Other Operating Expenses	44.36M	42.98M	56.68M	40.64M	24.78M
Interest Expense	-9.04M	-17.72M	-8.30M	-9.92M	-12.14M
Other Non Operating Income (Expenses)	3.10M	—	—	—	—
Asset Writedown	—	0.53M	-10.16M	—	—
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	139.35M	100.43M	102.02M	100.29M	95.17M
Profitability & Returns
Gross Profit	332.56M	344.41M	348.23M	307.48M	336.31M
Gross Margin	+38.0%	+39.6%	+40.3%	+36.9%	+44.3%
EBIT	150.14M	153.61M	161.37M	142.20M	212.10M
EBIT Margin	+17.2%	+17.7%	+18.7%	+17.1%	+27.9%
EBITDA	289.49M	254.04M	263.39M	242.49M	307.28M
EBITDA Margin	+33.1%	+29.2%	+30.4%	+29.1%	+40.5%
EBT Excluding Unusual Items	304.50M	251.61M	328.46M	322.73M	378.31M
Pretax Income	304.40M	229.67M	404.00M	323.38M	379.34M
Operating Income	150.14M	153.61M	161.37M	142.20M	212.10M
Operating Margin	+17.2%	+17.7%	+18.7%	+17.1%	+27.9%
Profit Margin	+33.9%	+24.5%	+44.6%	+35.7%	+49.3%
Net Income	296.53M	212.87M	385.69M	297.72M	374.45M
Net Income to Common	296.53M	212.87M	385.69M	297.72M	374.45M
Net Income Growth	-20.8%	+4.0%	+33.4%	+13.1%	+2.5%
Earnings From Continuing Ops.	296.12M	212.44M	385.12M	296.71M	373.91M
Minority Interest in Earnings	0.40M	0.42M	0.57M	1.01M	0.54M
Income Tax Expense	8.28M	17.22M	18.89M	26.67M	5.43M
Effective Tax Rate	+2.7%	+7.5%	+4.7%	+8.2%	+1.4%
Per Share & Capital
EPS (Basic)	0.26	0.19	0.34	0.26	0.33
EPS (Diluted)	0.26	0.19	0.34	0.26	0.33
EPS Growth	-21.1%	+4.0%	+33.4%	+13.1%	+2.5%
Dividend Per Share	—	0.45	—	—	—
Shares Change (YoY)	0	—	—	—	—
Shares Outstanding (Basic)	1.14B	1.14B	1.14B	1.14B	1.14B
Shares Outstanding (Diluted)	1.14B	1.14B	1.14B	1.14B	1.14B
Dividend Growth	—	+12.5%	—	—	—
Free Cash Flow	176.48M	185.86M	246.07M	95.92M	164.45M
Free Cash Flow Margin	+20.2%	+21.4%	+28.4%	+11.5%	+21.7%
Free Cash Flow Per Share	0.16	0.16	0.22	0.08	0.15
Payout Ratio	+172.4%	—	—	—	+121.4%