| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.1B | $9.1B | $7.4B | -10.3% | 9.4% |
| Op. Income | $1.2B | $2.3B | $991M | -49.0% | 18.9% |
| Gross Margin | 63.6% | 65.7% | 57.0% | -2.2pp | 6.5pp |
| Net Margin | 21.2% | 6.9% | -1.5% | 14.3pp | 22.7pp |
| EPS (Diluted) | $3.20 | $1.16 | $-0.21 | 175.9% | 1623.8% |
| Free Cash Flow | $980M | $4.4B | $459M | -77.7% | 113.5% |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $830M |
| Operating Expenses | $4.0B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $723M |
| Other Income/Expenses | $795M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $243M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.4B |
| EBIT | $2.7B |
| EBITDA | $4.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $830M |
| Operating Expenses | $4.0B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $723M |
| Other Income/Expenses | $795M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $243M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.4B |
| EBIT | $2.7B |
| EBITDA | $4.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | -$250M |
| Other Non-Cash Items | -$545M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$411M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$447M |
| Net Debt Issuance | -$2.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$4.1B |
| FREE CASH FLOW | $980M |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.8B |
| Short-Term Investments | $0 |
| Net Receivables | $8.1B |
| Inventory | $6.7B |
| Other Current Assets | $3.3B |
| TOTAL CURRENT ASSETS | $26.9B |
| PP&E (Net) | $6.7B |
| Goodwill | $18.6B |
| Intangible Assets | $25.7B |
| Long-Term Investments | $5.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $62.4B |
| TOTAL ASSETS | $89.4B |
| Account Payables | $2.4B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $54.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $4.6B |
| TOTAL NON-CURRENT LIABILITIES | $60.2B |
| TOTAL LIABILITIES | $83.2B |
| Common Stock | $33.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$27.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$231M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $89.4B |
| Total Debt | $57.4B |
| Net Debt | $48.6B |
