| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.1B | 8.1% | 40.3% |
| Op. Income | $663M | $608M | $340M | 9.1% | 95.4% |
| Gross Margin | 81.7% | 76.7% | 72.2% | 5.1pp | 9.5pp |
| Net Margin | 38.8% | 43.6% | 22.3% | -4.8pp | 16.5pp |
| EPS (Diluted) | $1.67 | $1.73 | $0.67 | -3.5% | 149.3% |
| Free Cash Flow | $832M | $696M | $393M | 19.5% | 111.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $271M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $123M |
| Selling & Marketing | $183M |
| General & Administrative | $55M |
| SG&A Expenses | $237M |
| Other Expenses | $189M |
| Operating Expenses | $549M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $663M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $618M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $576M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $576M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $576M |
| D&A | $80M |
| EBIT | $671M |
| EBITDA | $751M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $271M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $123M |
| Selling & Marketing | $183M |
| General & Administrative | $55M |
| SG&A Expenses | $237M |
| Other Expenses | $189M |
| Operating Expenses | $549M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $663M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $618M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $576M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $576M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $576M |
| D&A | $80M |
| EBIT | $671M |
| EBITDA | $751M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $576M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $197M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $832M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$201M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $832M |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $551M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $162M |
| Goodwill | $1.6B |
| Intangible Assets | $855M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $683M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $595M |
| Short-Term Debt | $200M |
| Deferred Revenue | $73M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $475M |
| Retained Earnings | $174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $575M |
| Minority Interest | $0 |
| TOTAL EQUITY | $575M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $3.7B |
| Net Debt | $3.2B |
