| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.3B | $4.9B | -2.4% | 4.8% |
| Op. Income | $204M | $178M | $161M | 14.2% | 26.7% |
| Gross Margin | 18.8% | 18.0% | 18.0% | 0.8pp | 0.9pp |
| Net Margin | 2.9% | 2.3% | 2.3% | 0.6pp | 0.6pp |
| EPS (Diluted) | $1.13 | $0.92 | $0.83 | 22.8% | 36.1% |
| Free Cash Flow | $68M | $111M | $95M | -39.4% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $969M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $761M |
| Other Expenses | $5M |
| Operating Expenses | $766M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $70M |
| EBIT | $204M |
| EBITDA | $273M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $969M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $761M |
| Other Expenses | $5M |
| Operating Expenses | $766M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $193M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $70M |
| EBIT | $204M |
| EBITDA | $273M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$140M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $240M |
| Inventory | $1.6B |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $4.1B |
| Goodwill | $1.0B |
| Intangible Assets | $100M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $1.3B |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $244M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$978M |
| Accum. Other Comp. Income | $231.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.7B |
| Net Debt | $2.7B |
