| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.2B | $7.0B | $6.7B | 1.7% | 6.8% |
| Op. Income | $2.2B | $2.0B | $2.0B | 6.3% | 10.6% |
| Gross Margin | 48.8% | 47.3% | 47.8% | 1.4pp | 1.0pp |
| Net Margin | 16.5% | 24.6% | 30.1% | -8.0pp | -13.6pp |
| EPS (Diluted) | $1.45 | $2.09 | $2.41 | -30.6% | -39.8% |
| Free Cash Flow | $544M | $2.2B | $2.1B | -74.9% | -74.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.2B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $859M |
| Selling & Marketing | $206M |
| General & Administrative | $256M |
| SG&A Expenses | $462M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $2.2B |
| Interest Income | $8M |
| Interest Expense | $64M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $934M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $105M |
| EBIT | $2.2B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.2B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $859M |
| Selling & Marketing | $206M |
| General & Administrative | $256M |
| SG&A Expenses | $462M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $2.2B |
| Interest Income | $8M |
| Interest Expense | $64M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $934M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $105M |
| EBIT | $2.2B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $195M |
| Deferred Income Tax | $668M |
| Other Non-Cash Items | $95M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $925M |
| Capital Expenditure | -$381M |
| Acquisitions (Net) | -$28M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$897M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$326M |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $544M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $1.9B |
| Net Receivables | $6.1B |
| Inventory | $5.5B |
| Other Current Assets | $928M |
| TOTAL CURRENT ASSETS | $20.7B |
| PP&E (Net) | $3.9B |
| Goodwill | $3.8B |
| Intangible Assets | $237M |
| Long-Term Investments | $2.7B |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $312M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $33.3B |
| Account Payables | $1.7B |
| Short-Term Debt | $799M |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $8M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $50.5B |
| Treasury Stock | -$41.5B |
| Accum. Other Comp. Income | -$143M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.6B |
| TOTAL LIABILITIES & EQUITY | $33.3B |
| Total Debt | $6.6B |
| Net Debt | $324M |
