| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.9B | 4.9% | 5.6% |
| Op. Income | $730M | $508M | $600M | 43.5% | 21.7% |
| Gross Margin | 72.5% | 61.9% | 64.7% | 10.6pp | 7.8pp |
| Net Margin | 25.6% | 17.1% | 23.0% | 8.6pp | 2.6pp |
| EPS (Diluted) | $6.49 | $4.09 | $5.51 | 58.4% | 17.8% |
| Free Cash Flow | $247M | -$1.3B | $0 | 118.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $552M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $569M |
| SG&A Expenses | $594M |
| Other Expenses | $133M |
| Operating Expenses | $727M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $730M |
| Interest Income | $1.4B |
| Interest Expense | $383M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $730M |
| Income Tax Expense | $204M |
| NET INCOME | $515M |
| D&A | $59M |
| EBIT | $730M |
| EBITDA | $789M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $552M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $569M |
| SG&A Expenses | $594M |
| Other Expenses | $133M |
| Operating Expenses | $727M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $730M |
| Interest Income | $1.4B |
| Interest Expense | $383M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $730M |
| Income Tax Expense | $204M |
| NET INCOME | $515M |
| D&A | $59M |
| EBIT | $730M |
| EBITDA | $789M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $515M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$344M |
| OPERATING CASH FLOW | $271M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$275M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$267M |
| Net Debt Issuance | -$937M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $405M |
| NET CASH FROM FINANCING | -$567M |
| FREE CASH FLOW | $247M |
| Net Change in Cash | -$903M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.9B |
| Short-Term Investments | $12.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.0B |
| PP&E (Net) | $777M |
| Goodwill | $492M |
| Intangible Assets | $788M |
| Long-Term Investments | $42.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $48.6B |
| TOTAL ASSETS | $73.6B |
| Account Payables | $277M |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45.3B |
| TOTAL CURRENT LIABILITIES | $48.8B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $63.1B |
| Common Stock | $382M |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $517M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $9.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $166M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $73.6B |
| Total Debt | $10.3B |
| Net Debt | -$2.6B |
