| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47.0B | $47.0B | $48.1B | 0.1% | -2.3% |
| Op. Income | $8.1B | $7.1B | $7.3B | 14.2% | 11.8% |
| Gross Margin | 55.1% | 50.9% | 51.0% | 4.2pp | 4.1pp |
| Net Margin | 15.7% | 14.2% | 13.9% | 1.5pp | 1.9pp |
| EPS (Diluted) | $0.90 | $0.82 | $0.76 | 9.8% | 18.4% |
| Free Cash Flow | -$2.2B | $25.9B | -$15.5B | -108.4% | 85.9% |
| Item | Amount |
|---|---|
| REVENUE | $47.0B |
| Cost of Revenue | $21.1B |
| GROSS PROFIT | $25.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $11.9B |
| SG&A Expenses | $13.4B |
| Other Expenses | $4.4B |
| Operating Expenses | $17.8B |
| Cost & Expenses | $38.9B |
| OPERATING INCOME | $8.1B |
| Interest Income | $34.1B |
| Interest Expense | $19.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $720M |
| Net Income from Continuing Ops | $7.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.0B |
| D&A | $565M |
| EBIT | $8.1B |
| EBITDA | $8.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $47.0B |
| Cost of Revenue | $21.1B |
| GROSS PROFIT | $25.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $11.9B |
| SG&A Expenses | $13.4B |
| Other Expenses | $4.4B |
| Operating Expenses | $17.8B |
| Cost & Expenses | $38.9B |
| OPERATING INCOME | $8.1B |
| Interest Income | $34.1B |
| Interest Expense | $19.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $720M |
| Net Income from Continuing Ops | $7.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.0B |
| D&A | $565M |
| EBIT | $8.1B |
| EBITDA | $8.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.4B |
| Depreciation & Amortization | $565M |
| Stock-Based Compensation | $999M |
| Deferred Income Tax | -$172M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | -$12.4B |
| OPERATING CASH FLOW | -$2.2B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72.1B |
| Sales/Maturities of Investments | $54.8B |
| Other Investing Activities | -$71.7B |
| NET CASH FROM INVESTING | -$89.0B |
| Net Debt Issuance | $15.4B |
| Common Stock Repurchased | -$4.5B |
| Common Dividends Paid | -$2.6B |
| Other Financing Activities | $67.2B |
| NET CASH FROM FINANCING | $72.8B |
| FREE CASH FLOW | -$2.2B |
| Net Change in Cash | -$16.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280.9B |
| Short-Term Investments | $376.2B |
| Net Receivables | $96.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $753.1B |
| PP&E (Net) | $12.2B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $827.3B |
| TOTAL NON-CURRENT ASSETS | $2.6T |
| TOTAL ASSETS | $3.3T |
| Account Payables | $0 |
| Short-Term Debt | $417.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1T |
| TOTAL CURRENT LIABILITIES | $2.5T |
| Long-Term Debt | $304.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $237.1B |
| TOTAL NON-CURRENT LIABILITIES | $541.3B |
| TOTAL LIABILITIES | $3.1T |
| Common Stock | $41.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $247.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $295.6B |
| TOTAL LIABILITIES & EQUITY | $3.3T |
| Total Debt | $721.7B |
| Net Debt | $440.8B |
