In Q1'26, APP's Gross Margin reached 88.9%, Operating Margin stood at 78.2%, and Net Profit Margin was 65.4%, reflecting sustained high profitability levels with Gross Margin showing the strongest performance among the metrics. From Q2'23 to Q1'26, all three margins exhibited a robust upward trend, with Gross Margin rising steadily from 65.5% to 88.9%, Operating Margin surging from 17.5% to 78.2%—notably accelerating in Q2'25—and Net Profit Margin climbing from 10.7% to 65.4%, though with a minor dip to 38.8% in Q1'25 before rebounding. This consistent growth indicates improving operational efficiency and cost management, with no significant declines observed over the 12-quarter period, positioning APP for strong financial health.