| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.9B | $19.2B | $17.8B | -1.5% | 6.3% |
| Op. Income | $3.3B | $2.8B | $3.1B | 20.8% | 5.9% |
| Gross Margin | 83.5% | 82.7% | 81.6% | 0.9pp | 1.9pp |
| Net Margin | 13.6% | 11.3% | 13.7% | 2.4pp | -0.0pp |
| EPS (Diluted) | $3.64 | $3.04 | $3.33 | 19.7% | 9.3% |
| Free Cash Flow | $4.3B | $5.3B | $5.2B | -18.0% | -15.9% |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.6B |
| Other Expenses | $8.9B |
| Operating Expenses | $12.5B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $3.3B |
| Interest Income | $6.1B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $746M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $433M |
| EBIT | $3.3B |
| EBITDA | $3.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.6B |
| Other Expenses | $8.9B |
| Operating Expenses | $12.5B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $3.3B |
| Interest Income | $6.1B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $746M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $433M |
| EBIT | $3.3B |
| EBITDA | $3.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $433M |
| Stock-Based Compensation | $158M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $246M |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$430M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$239M |
| Sales/Maturities of Investments | $285M |
| Other Investing Activities | $835M |
| NET CASH FROM INVESTING | $451M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$509M |
| Other Financing Activities | $7.0B |
| NET CASH FROM FINANCING | $6.6B |
| FREE CASH FLOW | $4.3B |
| Net Change in Cash | $11.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.4B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52.4B |
| PP&E (Net) | $5.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $203.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $21.2B |
| TOTAL NON-CURRENT ASSETS | $229.8B |
| TOTAL ASSETS | $282.2B |
| Account Payables | $13.6B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $146.4B |
| TOTAL CURRENT LIABILITIES | $161.5B |
| Long-Term Debt | $51.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38.3B |
| TOTAL NON-CURRENT LIABILITIES | $89.5B |
| TOTAL LIABILITIES | $251.0B |
| Common Stock | $140M |
| Additional Paid-In Capital | $11.0B |
| Retained Earnings | $23.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $31.2B |
| TOTAL LIABILITIES & EQUITY | $282.2B |
| Total Debt | $52.8B |
| Net Debt | $389M |
