| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.3B | — | $15.1B | — | 8.0% |
| Op. Income | $719M | — | $1.5B | — | -50.9% |
| Gross Margin | 18.6% | — | 22.0% | — | -3.4pp |
| Net Margin | 3.7% | — | 8.1% | — | -4.4pp |
| EPS (Diluted) | $2.11 | — | $4.46 | — | -52.6% |
| Free Cash Flow | $1.9B | — | $1.6B | — | 15.2% |
| Item | Amount |
|---|---|
| REVENUE | $16.3B |
| Cost of Revenue | $13.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $2.2B |
| Operating Expenses | $2.3B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $719M |
| Interest Income | $0 |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $719M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $596M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $595M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $132M |
| EBIT | $819M |
| EBITDA | $951M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $16.3B |
| Cost of Revenue | $13.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $2.2B |
| Operating Expenses | $2.3B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $719M |
| Interest Income | $0 |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $719M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $596M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $595M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $132M |
| EBIT | $819M |
| EBITDA | $951M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $596M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $427M |
| Change in Working Capital | $809M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | -$244M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | -$334M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $840M |
| Short-Term Investments | $6.5B |
| Net Receivables | $21.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29.1B |
| PP&E (Net) | $632M |
| Goodwill | $3.1B |
| Intangible Assets | $5.8B |
| Long-Term Investments | $67.5B |
| Tax Assets | $229M |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $86.0B |
| TOTAL ASSETS | $115.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $27.2B |
| Other Current Liabilities | $43.8B |
| TOTAL CURRENT LIABILITIES | $71.0B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.1B |
| TOTAL LIABILITIES | $93.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $53.6B |
| Treasury Stock | -$37.1B |
| Accum. Other Comp. Income | -$509M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.1B |
| Minority Interest | -$3M |
| TOTAL EQUITY | $22.1B |
| TOTAL LIABILITIES & EQUITY | $115.2B |
| Total Debt | $8.1B |
| Net Debt | $7.2B |
