| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.5B | $2.3B | -1.0% | 6.1% |
| Op. Income | $733M | $509M | $690M | 43.9% | 6.1% |
| Gross Margin | 76.2% | 76.2% | 78.3% | -0.0pp | -2.0pp |
| Net Margin | 9.9% | 10.9% | 17.2% | -1.0pp | -7.3pp |
| EPS (Diluted) | $1.64 | $1.83 | $2.70 | -10.4% | -39.3% |
| Free Cash Flow | $212M | $695M | $432M | -69.5% | -50.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $578M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $546M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $575M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $733M |
| Interest Income | $24M |
| Interest Expense | $60M |
| Other Income/Expenses | -$421M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $183M |
| EBIT | $682M |
| EBITDA | $865M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $578M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $546M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $575M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $733M |
| Interest Income | $24M |
| Interest Expense | $60M |
| Other Income/Expenses | -$421M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $183M |
| EBIT | $682M |
| EBITDA | $865M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $241M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $116M |
| Change in Working Capital | -$334M |
| OPERATING CASH FLOW | $259M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | $223M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $2.3B |
| Other Current Assets | $757M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $3.5B |
| Goodwill | $6.5B |
| Intangible Assets | $9.6B |
| Long-Term Investments | $186M |
| Tax Assets | $308M |
| Other Non-Current Assets | $373M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $28.0B |
| Account Payables | $392M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $752M |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $630M |
| Retained Earnings | $19.5B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.0B |
| TOTAL LIABILITIES & EQUITY | $28.0B |
| Total Debt | $6.6B |
| Net Debt | $4.0B |
