| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.5B | — | 5.9% |
| Op. Income | $273M | — | $311M | — | -12.2% |
| Gross Margin | 57.3% | — | 57.5% | — | -0.2pp |
| Net Margin | -5.9% | — | -3.8% | — | -2.1pp |
| EPS (Diluted) | $-0.35 | — | $-0.23 | — | -52.2% |
| Free Cash Flow | -$1.2B | — | -$514M | — | -124.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $675M |
| GROSS PROFIT | $905M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $632M |
| Operating Expenses | $632M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $273M |
| Interest Income | $0 |
| Interest Expense | $609M |
| Other Income/Expenses | -$467M |
| INCOME BEFORE TAX | -$194M |
| Income Tax Expense | -$86M |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$101M |
| D&A | $583M |
| EBIT | $415M |
| EBITDA | $998M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$93M |
| Depreciation & Amortization | $581M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$1.8B |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$3.4B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$282M |
| Other Financing Activities | $822M |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $468M |
| Net Receivables | $1.5B |
| Inventory | $138M |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $73.7B |
| Goodwill | $5.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $5.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $86.6B |
| TOTAL ASSETS | $95.3B |
| Account Payables | $733M |
| Short-Term Debt | $6.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $17.1B |
| Long-Term Debt | $29.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.8B |
| TOTAL NON-CURRENT LIABILITIES | $44.5B |
| TOTAL LIABILITIES | $61.7B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $24.3B |
| TOTAL EQUITY | $33.6B |
| TOTAL LIABILITIES & EQUITY | $95.3B |
| Total Debt | $35.9B |
| Net Debt | $34.0B |
