| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.6B | 3.9% | 27.6% |
| Op. Income | $859M | $800M | $660M | 7.4% | 30.1% |
| Gross Margin | 63.7% | 63.8% | 63.7% | -0.1pp | -0.1pp |
| Net Margin | 40.6% | 41.5% | 40.6% | -0.9pp | 0.0pp |
| EPS (Diluted) | $0.64 | $0.62 | $0.50 | 3.2% | 28.0% |
| Free Cash Flow | $613M | $1.0B | $504M | -39.8% | 21.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $266M |
| Selling & Marketing | $117M |
| General & Administrative | $34M |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $417M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $859M |
| Interest Income | $90M |
| Interest Expense | $0 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $955M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $814M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $814M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $814M |
| D&A | $14M |
| EBIT | $859M |
| EBITDA | $873M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $266M |
| Selling & Marketing | $117M |
| General & Administrative | $34M |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $417M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $859M |
| Interest Income | $90M |
| Interest Expense | $0 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $955M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $814M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $814M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $814M |
| D&A | $14M |
| EBIT | $859M |
| EBITDA | $873M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $814M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $93M |
| Deferred Income Tax | -$107M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$160M |
| OPERATING CASH FLOW | $642M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $808M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$766M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$787M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$794M |
| FREE CASH FLOW | $613M |
| Net Change in Cash | -$917M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $6.3B |
| Net Receivables | $1.4B |
| Inventory | $2.0B |
| Other Current Assets | $734M |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $124M |
| Goodwill | $269M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $389M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $148M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $258M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $0 |
| Net Debt | -$1.8B |
