| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $582M | $320M | $586M | 81.9% | -0.7% |
| Op. Income | $121M | -$178M | $101M | 168.1% | 19.3% |
| Gross Margin | 56.5% | 13.9% | 50.6% | 42.6pp | 5.9pp |
| Net Margin | 17.5% | -50.5% | 13.8% | 68.0pp | 3.6pp |
| EPS (Diluted) | $0.59 | $-1.04 | $0.52 | 156.7% | 13.5% |
| Free Cash Flow | $91M | $194M | $146M | -53.2% | -37.9% |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $134M |
| SG&A Expenses | $141M |
| Other Expenses | $67M |
| Operating Expenses | $208M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $121M |
| Interest Income | $526M |
| Interest Expense | $240M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $23M |
| EBIT | $121M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $134M |
| SG&A Expenses | $141M |
| Other Expenses | $67M |
| Operating Expenses | $208M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $121M |
| Interest Income | $526M |
| Interest Expense | $240M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $23M |
| EBIT | $121M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$393M |
| Sales/Maturities of Investments | $242M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | -$239M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $548M |
| NET CASH FROM FINANCING | $242M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $4.8B |
| Net Receivables | $160M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $378M |
| Goodwill | $1.1B |
| Intangible Assets | $116M |
| Long-Term Investments | $34.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $37.1B |
| TOTAL ASSETS | $43.3B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35.2B |
| TOTAL CURRENT LIABILITIES | $36.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $496M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $38.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$494M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $43.3B |
| Total Debt | $2.9B |
| Net Debt | $1.7B |
