According to the company’s report, net income for the first quarter of 2026 was USD 303 million compared to USD 239 million in the prior-year first quarter. Adjusted EBITDA for the first quarter was USD 589 million, or 24.4% of revenue, an increase of 11%, compared to Adjusted EBITDA of USD 532 million, or 23.9% of revenue, in the prior-year first quarter. The U.S. GAAP tax rate for the first quarter was 18.6%, and the adjusted income tax rate for the first quarter used in calculating adjusted diluted earnings per share was 20.3%.
The report key takeaways:
- Revenue increased 8% from prior year to USD 2.4 billion for the quarter
- Organic Revenue growth of 3% for the quarter
- Diluted Earnings per Share was USD 3.10 for the quarter, up 33% over prior year
- Adjusted Diluted Earnings per Share was USD 3.72 for the quarter, up 19% over prior year
- Operating Margin was 18.6% for the quarter, down 80 basis points from prior year
- Adjusted Operating Margin was 22.3% for the quarter, up 70 basis points from prior year
The full report can be found here.
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