| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $798M | $759M | $801M | 5.1% | -0.4% |
| Op. Income | $155M | $175M | $107M | -11.8% | 44.8% |
| Gross Margin | 62.1% | 57.0% | 55.1% | 5.1pp | 7.0pp |
| Net Margin | 15.0% | 17.9% | 10.5% | -2.9pp | 4.6pp |
| EPS (Diluted) | $1.86 | $2.12 | $1.30 | -12.3% | 43.1% |
| Free Cash Flow | -$28M | $494M | $138M | -105.7% | -120.2% |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $302M |
| GROSS PROFIT | $495M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $221M |
| SG&A Expenses | $230M |
| Other Expenses | $110M |
| Operating Expenses | $341M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $155M |
| Interest Income | $619M |
| Interest Expense | $302M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $27M |
| EBIT | $155M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $302M |
| GROSS PROFIT | $495M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $221M |
| SG&A Expenses | $230M |
| Other Expenses | $110M |
| Operating Expenses | $341M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $155M |
| Interest Income | $619M |
| Interest Expense | $302M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $27M |
| EBIT | $155M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$179M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$639M |
| Sales/Maturities of Investments | $617M |
| Other Investing Activities | $457M |
| NET CASH FROM INVESTING | $435M |
| Net Debt Issuance | -$340M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$90M |
| NET CASH FROM FINANCING | -$473M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.7B |
| Net Receivables | $316M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $636M |
| Goodwill | $1.0B |
| Intangible Assets | $386M |
| Long-Term Investments | $25.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $19.1B |
| TOTAL NON-CURRENT ASSETS | $47.0B |
| TOTAL ASSETS | $50.5B |
| Account Payables | $291M |
| Short-Term Debt | $882M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.3B |
| TOTAL CURRENT LIABILITIES | $39.5B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $44.7B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $5.7B |
| Treasury Stock | -$977M |
| Accum. Other Comp. Income | -$362M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $3M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $50.5B |
| Total Debt | $4.1B |
| Net Debt | $2.7B |
