| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | — | $3.6B | — | 8.6% |
| Op. Income | $20M | — | -$8M | — | 341.5% |
| Gross Margin | 6.7% | — | 6.8% | — | -0.0pp |
| Net Margin | 3.6% | — | -7.5% | — | 11.1pp |
| EPS (Diluted) | $0.35 | — | $-0.68 | — | 152.1% |
| Free Cash Flow | -$601M | — | $19M | — | -3242.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $264M |
| R&D Expenses | $25M |
| Selling & Marketing | $105M |
| General & Administrative | $134M |
| SG&A Expenses | $238M |
| Other Expenses | -$20M |
| Operating Expenses | $244M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $20M |
| Interest Income | $42M |
| Interest Expense | $252M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $240M |
| EBIT | $416M |
| EBITDA | $656M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $264M |
| R&D Expenses | $25M |
| Selling & Marketing | $105M |
| General & Administrative | $134M |
| SG&A Expenses | $238M |
| Other Expenses | -$20M |
| Operating Expenses | $244M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $20M |
| Interest Income | $42M |
| Interest Expense | $252M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $240M |
| EBIT | $416M |
| EBITDA | $656M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $240M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$472M |
| Change in Working Capital | -$378M |
| OPERATING CASH FLOW | -$470M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | -$601M |
| Net Change in Cash | -$739M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $345M |
| Net Receivables | $1.3B |
| Inventory | $2.9B |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $8.5B |
| Goodwill | $438M |
| Intangible Assets | $230M |
| Long-Term Investments | $92M |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $559M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $19.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $507M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $602M |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $12.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $237M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $14.8B |
| TOTAL LIABILITIES | $20.0B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | -$98M |
| Retained Earnings | -$2.7B |
| Treasury Stock | $3M |
| Accum. Other Comp. Income | $307M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$853M |
| Minority Interest | $89M |
| TOTAL EQUITY | -$765M |
| TOTAL LIABILITIES & EQUITY | $19.2B |
| Total Debt | $13.9B |
| Net Debt | $11.6B |
