| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $952M | $1.0B | $935M | -7.8% | 1.8% |
| Op. Income | $133M | $157M | $133M | -15.1% | 0.3% |
| Gross Margin | 47.2% | 47.3% | 45.8% | -0.1pp | 1.4pp |
| Net Margin | 11.2% | 11.5% | 10.8% | -0.3pp | 0.4pp |
| EPS (Diluted) | $3.36 | $3.77 | $3.21 | -10.9% | 4.7% |
| Free Cash Flow | $113M | $151M | $175M | -25.0% | -35.4% |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $502M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $316M |
| General & Administrative | $0 |
| SG&A Expenses | $316M |
| Other Expenses | $0 |
| Operating Expenses | $316M |
| Cost & Expenses | $818M |
| OPERATING INCOME | $133M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $22M |
| EBIT | $141M |
| EBITDA | $163M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $502M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $316M |
| General & Administrative | $0 |
| SG&A Expenses | $316M |
| Other Expenses | $0 |
| Operating Expenses | $316M |
| Cost & Expenses | $818M |
| OPERATING INCOME | $133M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $22M |
| EBIT | $141M |
| EBITDA | $163M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $936M |
| Short-Term Investments | $0 |
| Net Receivables | $535M |
| Inventory | $391M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $361M |
| Goodwill | $1.1B |
| Intangible Assets | $440M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $332M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $651M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $750M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $570M |
| Net Debt | -$366M |
