| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $5.0B | $4.6B | -4.9% | 3.0% |
| Op. Income | $659M | $572M | $801M | 15.1% | -17.8% |
| Gross Margin | 46.1% | 47.2% | 51.5% | -1.1pp | -5.4pp |
| Net Margin | 23.8% | 15.2% | 17.3% | 8.6pp | 6.5pp |
| EPS (Diluted) | $3.16 | $1.93 | $2.17 | 63.6% | 45.2% |
| Free Cash Flow | -$1.3B | $3M | $611M | -38800.0% | -312.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $664M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $864M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $659M |
| Interest Income | $389M |
| Interest Expense | $117M |
| Other Income/Expenses | $656M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $285M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $664M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $864M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $659M |
| Interest Income | $389M |
| Interest Expense | $117M |
| Other Income/Expenses | $656M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $285M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $285M |
| Stock-Based Compensation | $110M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.4B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$877M |
| Capital Expenditure | -$424M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $248M |
| NET CASH FROM INVESTING | -$176M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $13.5B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $25.7B |
| PP&E (Net) | $6.1B |
| Goodwill | $5.5B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $21.9B |
| Tax Assets | $317M |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $40.6B |
| TOTAL ASSETS | $66.3B |
| Account Payables | $5.7B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $125M |
| Deferred Tax Liabilities | $586M |
| Other Non-Current Liabilities | $294M |
| TOTAL NON-CURRENT LIABILITIES | $12.7B |
| TOTAL LIABILITIES | $23.9B |
| Common Stock | $39.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.4B |
| Minority Interest | $3.0B |
| TOTAL EQUITY | $42.4B |
| TOTAL LIABILITIES & EQUITY | $66.3B |
| Total Debt | $14.9B |
| Net Debt | $7.7B |
