| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | 3.4% | -3.6% |
| Op. Income | $197M | -$27M | $188M | 829.6% | 4.8% |
| Gross Margin | 56.4% | 43.9% | 54.1% | 12.5pp | 2.3pp |
| Net Margin | 11.5% | 0.6% | 10.8% | 10.9pp | 0.7pp |
| EPS (Diluted) | $2.78 | $0.14 | $2.70 | 1885.7% | 3.0% |
| Free Cash Flow | $393M | $479M | $430M | -18.0% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $521M |
| GROSS PROFIT | $674M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $215M |
| SG&A Expenses | $250M |
| Other Expenses | $227M |
| Operating Expenses | $477M |
| Cost & Expenses | $998M |
| OPERATING INCOME | $197M |
| Interest Income | $1.2B |
| Interest Expense | $225M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $21M |
| EBIT | $197M |
| EBITDA | $218M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $521M |
| GROSS PROFIT | $674M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $215M |
| SG&A Expenses | $250M |
| Other Expenses | $227M |
| Operating Expenses | $477M |
| Cost & Expenses | $998M |
| OPERATING INCOME | $197M |
| Interest Income | $1.2B |
| Interest Expense | $225M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $21M |
| EBIT | $197M |
| EBITDA | $218M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $319M |
| Change in Working Capital | -$121M |
| OPERATING CASH FLOW | $393M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $692M |
| NET CASH FROM INVESTING | $691M |
| Net Debt Issuance | -$435M |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$562M |
| FREE CASH FLOW | $393M |
| Net Change in Cash | $522M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $172M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $133M |
| Goodwill | $738M |
| Intangible Assets | $0 |
| Long-Term Investments | $15.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $18.0B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.1B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $5.1B |
| Net Debt | $909M |
