| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.2B | — | 23.5% |
| Op. Income | $214M | — | $109M | — | 96.5% |
| Gross Margin | 57.8% | — | 54.3% | — | 3.5pp |
| Net Margin | 9.1% | — | 0.4% | — | 8.7pp |
| EPS (Diluted) | $0.24 | — | $0.01 | — | 2101.8% |
| Free Cash Flow | $121M | — | $54M | — | 125.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $851M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $642M |
| Other Expenses | -$5M |
| Operating Expenses | $637M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $214M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $0 |
| EBIT | $220M |
| EBITDA | $220M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $851M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $642M |
| Other Expenses | -$5M |
| Operating Expenses | $637M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $214M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $0 |
| EBIT | $220M |
| EBITDA | $220M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $422M |
| Short-Term Investments | $0 |
| Net Receivables | $561M |
| Inventory | $1.3B |
| Other Current Assets | $194M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $2.2B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $17M |
| Tax Assets | $82M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $457M |
| Short-Term Debt | $137M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $689M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $791M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $497M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $19M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$780M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $13M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
