| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.6B | $5.2B | 1.9% | 10.3% |
| Op. Income | $2.2B | $2.0B | $907M | 10.5% | 138.5% |
| Gross Margin | 89.1% | 89.0% | 88.6% | 0.1pp | 0.5pp |
| Net Margin | 31.7% | 30.0% | 12.0% | 1.7pp | 19.7pp |
| EPS (Diluted) | $4.13 | $3.80 | $1.36 | 8.7% | 203.7% |
| Free Cash Flow | $2.5B | $2.9B | $1.1B | -14.5% | 123.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $622M |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $1.5B |
| General & Administrative | $367M |
| SG&A Expenses | $1.9B |
| Other Expenses | $41M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $371M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $217M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $622M |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $1.5B |
| General & Administrative | $367M |
| SG&A Expenses | $1.9B |
| Other Expenses | $41M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $371M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $217M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $217M |
| Stock-Based Compensation | $475M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$152M |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$592M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$484M |
| Net Debt Issuance | $497M |
| Common Stock Repurchased | -$3.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$184M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$855M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $677M |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $2.2B |
| Goodwill | $12.8B |
| Intangible Assets | $706M |
| Long-Term Investments | $0 |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $30.0B |
| Account Payables | $326M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6.3B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $143M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $13.9B |
| Retained Earnings | $40.2B |
| Treasury Stock | -$40.8B |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.1B |
| TOTAL LIABILITIES & EQUITY | $30.0B |
| Total Debt | $6.6B |
| Net Debt | -$195M |
