| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.9B | $14.4B | $13.7B | 3.5% | 8.8% |
| Op. Income | $2.1B | $2.2B | $1.2B | -6.0% | 70.8% |
| Gross Margin | 40.1% | 34.4% | 37.4% | 5.7pp | 2.8pp |
| Net Margin | 10.4% | 11.7% | 6.9% | -1.2pp | 3.6pp |
| EPS (Diluted) | $2.08 | $2.16 | $1.26 | -3.7% | 64.2% |
| Free Cash Flow | $3.3B | $3.1B | $11.4B | 4.9% | -71.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $127M |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.5B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $12.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $12.1B |
| Interest Expense | $8.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $504M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $398M |
| EBIT | $2.1B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $127M |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.5B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $12.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $12.1B |
| Interest Expense | $8.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $504M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $398M |
| EBIT | $2.1B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $398M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $125M |
| Other Non-Cash Items | $661M |
| Change in Working Capital | $814M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$282M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13.6B |
| Sales/Maturities of Investments | $18.9B |
| Other Investing Activities | $330M |
| NET CASH FROM INVESTING | $5.4B |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$351M |
| Common Dividends Paid | -$938M |
| Other Financing Activities | -$726M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | $8.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58.3B |
| Short-Term Investments | $73.3B |
| Net Receivables | $29.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $160.9B |
| PP&E (Net) | $4.6B |
| Goodwill | $12.8B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $638.1B |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $250.7B |
| TOTAL NON-CURRENT ASSETS | $911.9B |
| TOTAL ASSETS | $1.1T |
| Account Payables | $30.2B |
| Short-Term Debt | $171.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $600.6B |
| TOTAL CURRENT LIABILITIES | $802.1B |
| Long-Term Debt | $118.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88.0B |
| TOTAL NON-CURRENT LIABILITIES | $206.7B |
| TOTAL LIABILITIES | $1.0T |
| Common Stock | $17.5B |
| Additional Paid-In Capital | $265M |
| Retained Earnings | $34.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.0B |
| Other Equity | $4.4B |
| TOTAL STOCKHOLDERS' EQUITY | $64.0B |
| Minority Interest | $30M |
| TOTAL EQUITY | $64.0B |
| TOTAL LIABILITIES & EQUITY | $1.1T |
| Total Debt | $290.1B |
| Net Debt | $231.7B |
