{
  "report_rows": [
    {
      "kpi": "Fiscal 4Q26 revenue",
      "prediction": "BEAT",
      "answer": "pred ~$8.75B vs. cons $8.40B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 4Q26 non-GAAP EPS",
      "prediction": "BEAT",
      "answer": "pred ~$37.00 vs. cons $34.48",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 4Q26 non-GAAP gross margin",
      "prediction": "BEAT",
      "answer": "pred ~81.6% vs. cons 80.6%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Fiscal 1Q27 revenue guidance",
      "prediction": "LOWER",
      "answer": "guide ~$10.30B vs. cons $10.56B (1Q27)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 1Q27 non-GAAP EPS guidance",
      "prediction": "LOWER",
      "answer": "guide ~$40.00 vs. cons $40.68 (1Q27)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Fiscal 1Q27 non-GAAP gross-margin guidance",
      "prediction": "LOWER",
      "answer": "guide ~79.5% vs. cons 80.0% (1Q27)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -6.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -8.5,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "The predicted 4Q26 beat is outweighed by 1Q27 revenue, EPS and gross-margin guidance below consensus; the implied out-period margin and tax math should pull fiscal 2027 estimates lower even after the headline beat.",
  "day5_confidence": "MEDIUM"
}