| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | — | $4.7B | — | 9.8% |
| Op. Income | $453M | — | $439M | — | 3.2% |
| Gross Margin | 43.2% | — | 43.1% | — | 0.2pp |
| Net Margin | 5.9% | — | 6.0% | — | -0.1pp |
| EPS (Diluted) | $1.04 | — | $0.96 | — | 8.3% |
| Free Cash Flow | $588M | — | $725M | — | -18.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $343M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $121M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $453M |
| Interest Income | $23M |
| Interest Expense | $155M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $607M |
| EBIT | $461M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $343M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $121M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $453M |
| Interest Income | $23M |
| Interest Expense | $155M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $607M |
| EBIT | $461M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $303M |
| Depreciation & Amortization | $607M |
| Stock-Based Compensation | $90M |
| Deferred Income Tax | -$151M |
| Other Non-Cash Items | $214M |
| Change in Working Capital | -$370M |
| OPERATING CASH FLOW | $693M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $411M |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | $204M |
| Net Debt Issuance | -$800M |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$302M |
| Other Financing Activities | -$76M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $588M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $711M |
| Short-Term Investments | $17M |
| Net Receivables | $2.6B |
| Inventory | $3.9B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $6.6B |
| Goodwill | $26.3B |
| Intangible Assets | $10.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $46.0B |
| TOTAL ASSETS | $54.7B |
| Account Payables | $6.3B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $17.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $21.8B |
| TOTAL LIABILITIES | $29.5B |
| Common Stock | $371M |
| Additional Paid-In Capital | $19.8B |
| Retained Earnings | $16.1B |
| Treasury Stock | -$9.4B |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $25M |
| TOTAL STOCKHOLDERS' EQUITY | $25.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.2B |
| TOTAL LIABILITIES & EQUITY | $54.7B |
| Total Debt | $18.8B |
| Net Debt | $18.0B |
