Financial Performance - The company reported a strong performance in Q4 2025, with revenue reaching $3.38 billion, a year-over-year increase of 12% [1] - For the full year, revenue was $11.682 billion, reflecting an 8% growth compared to the previous year [1] - The non-GAAP operating profit margin for Q4 hit a record 32.1%, and the full-year non-GAAP earnings per share were $12.75, up 14% year-over-year [1] - The net profit for the year was $2.154 billion, marking a significant increase of 36.59% [1] - Operating cash flow for the year was $2.8 billion, and free cash flow reached $2.6 billion, both setting historical records [1] Business Developments - The backlog of orders reached a new high of $15.7 billion, increasing by $1 billion from the previous year, providing visibility for growth in 2026 [2] - All business segments experienced balanced growth, with both major segments (Products and Systems Integration, Software and Services) achieving double-digit revenue growth in Q4 [2] - The revenue forecast for the Software and Services segment in 2026 is expected to grow by 10%-11%, while the Products and Systems Integration segment is projected to grow by 7%-8% [2] - The revenue expectation for the Silvus business in 2026 has been raised to $675 million, an increase of $75 million, driven by demand from Ukraine and unmanned systems [2] Strategic Initiatives - The company launched AI-driven solutions, specifically the Assist Suites priced at $99 per user per month, targeting public safety dispatchers and frontline officers [2] - Key product advancements include the shipment of over 15,000 SVX devices and the FedRAMP certification of the APX NEXT radio devices, enhancing competitiveness in the federal market [2] - The company actively allocated capital, investing $4.9 billion in acquisitions, completing a $1.2 billion stock buyback, and increasing dividends by 11%, marking the 14th consecutive year of double-digit dividend growth [2] Future Outlook - Management remains optimistic about 2026, projecting full-year revenue of approximately $12.7 billion and non-GAAP earnings per share between $16.70 and $16.85 [3] - For Q1, the expected revenue growth is 6%-7% year-over-year, with non-GAAP earnings per share estimated at $3.20-$3.25 [3]