| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.4B | -7.4% | 1.7% |
| Op. Income | $236M | $267M | $270M | -11.6% | -12.4% |
| Gross Margin | 28.4% | 30.1% | 31.9% | -1.6pp | -3.5pp |
| Net Margin | 13.2% | 18.5% | 27.4% | -5.3pp | -14.2pp |
| EPS (Diluted) | $2.26 | $3.38 | $4.53 | -33.1% | -50.1% |
| Free Cash Flow | $309M | $356M | $376M | -13.1% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $22M |
| Operating Expenses | $181M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $14M |
| EBIT | $253M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $22M |
| Operating Expenses | $181M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $14M |
| EBIT | $253M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3.8B |
| Other Investing Activities | -$3.3B |
| NET CASH FROM INVESTING | $462M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$440M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$512M |
| FREE CASH FLOW | $309M |
| Net Change in Cash | $269M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $91M |
| Net Receivables | $11.3B |
| Inventory | $0 |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $21.1B |
| PP&E (Net) | $92M |
| Goodwill | $66M |
| Intangible Assets | $173M |
| Long-Term Investments | $13.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.3B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $33.2B |
| Account Payables | $1.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24.0B |
| TOTAL NON-CURRENT LIABILITIES | $25.5B |
| TOTAL LIABILITIES | $27.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $7.5B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$152M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $33.2B |
| Total Debt | $1.5B |
| Net Debt | -$1.3B |
