| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.9B | $18.8B | $24.3B | 32.3% | 2.5% |
| Op. Income | $449M | $276M | $460M | 62.8% | -2.2% |
| Gross Margin | 27.1% | 27.4% | 27.8% | -0.3pp | -0.7pp |
| Net Margin | 1.0% | 0.9% | 1.0% | 0.0pp | -0.0pp |
| EPS (Diluted) | $0.41 | $0.29 | $0.41 | 41.4% | 0.0% |
| Free Cash Flow | $170M | $274M | $418M | -38.0% | -59.4% |
| Item | Amount |
|---|---|
| REVENUE | $24.9B |
| Cost of Revenue | $18.1B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | -$32M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $24.4B |
| OPERATING INCOME | $449M |
| Interest Income | $0 |
| Interest Expense | $142M |
| Other Income/Expenses | -$138M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $787M |
| EBIT | $453M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24.9B |
| Cost of Revenue | $18.1B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | -$32M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $24.4B |
| OPERATING INCOME | $449M |
| Interest Income | $0 |
| Interest Expense | $142M |
| Other Income/Expenses | -$138M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $787M |
| EBIT | $453M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $236M |
| Depreciation & Amortization | $787M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | -$217M |
| OPERATING CASH FLOW | $754M |
| Capital Expenditure | -$585M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $111M |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$315M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$423M |
| FREE CASH FLOW | $170M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $15M |
| Net Receivables | $909M |
| Inventory | $5.0B |
| Other Current Assets | $361M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $15.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $113M |
| Tax Assets | $0 |
| Other Non-Current Assets | $575M |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $3.8B |
| Short-Term Debt | $832M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $784M |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $15.4B |
| TOTAL LIABILITIES | $23.2B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$702M |
| Accum. Other Comp. Income | $94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $14.3B |
| Net Debt | $14.2B |
