| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.3B | $40.9B | $43.7B | 0.9% | -5.6% |
| Op. Income | $5.4B | $3.8B | $4.5B | 43.3% | 19.9% |
| Gross Margin | 45.8% | 41.6% | 42.7% | 4.2pp | 3.1pp |
| Net Margin | 9.9% | 7.0% | 7.7% | 2.9pp | 2.1pp |
| EPS (Diluted) | $1.96 | $1.34 | $1.58 | 46.3% | 24.1% |
| Free Cash Flow | -$60.2B | $23.1B | -$12.4B | -360.6% | -384.2% |
| Item | Amount |
|---|---|
| REVENUE | $41.3B |
| Cost of Revenue | $22.4B |
| GROSS PROFIT | $18.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $250M |
| General & Administrative | $7.5B |
| SG&A Expenses | $7.7B |
| Other Expenses | $5.7B |
| Operating Expenses | $13.4B |
| Cost & Expenses | $35.8B |
| OPERATING INCOME | $5.4B |
| Interest Income | $33.7B |
| Interest Expense | $19.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $1.1B |
| EBIT | $5.4B |
| EBITDA | $6.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $41.3B |
| Cost of Revenue | $22.4B |
| GROSS PROFIT | $18.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $250M |
| General & Administrative | $7.5B |
| SG&A Expenses | $7.7B |
| Other Expenses | $5.7B |
| Operating Expenses | $13.4B |
| Cost & Expenses | $35.8B |
| OPERATING INCOME | $5.4B |
| Interest Income | $33.7B |
| Interest Expense | $19.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $1.1B |
| EBIT | $5.4B |
| EBITDA | $6.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | -$62.0B |
| OPERATING CASH FLOW | -$58.7B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78.9B |
| Sales/Maturities of Investments | $108.6B |
| Other Investing Activities | -$127.2B |
| NET CASH FROM INVESTING | -$99.0B |
| Net Debt Issuance | $7.2B |
| Common Stock Repurchased | -$3.3B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $180.4B |
| NET CASH FROM FINANCING | $185.0B |
| FREE CASH FLOW | -$60.2B |
| Net Change in Cash | $31.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308.3B |
| Short-Term Investments | $219.5B |
| Net Receivables | $57.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $585.5B |
| PP&E (Net) | $30.8B |
| Goodwill | $19.4B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $910.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0T |
| TOTAL NON-CURRENT ASSETS | $2.0T |
| TOTAL ASSETS | $2.6T |
| Account Payables | $78.3B |
| Short-Term Debt | $453.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $2.0T |
| Long-Term Debt | $295.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66.1B |
| TOTAL NON-CURRENT LIABILITIES | $361.8B |
| TOTAL LIABILITIES | $2.4T |
| Common Stock | $31M |
| Additional Paid-In Capital | $108.6B |
| Retained Earnings | $209.0B |
| Treasury Stock | -$77.9B |
| Accum. Other Comp. Income | -$45.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212.4B |
| Minority Interest | $850M |
| TOTAL EQUITY | $213.3B |
| TOTAL LIABILITIES & EQUITY | $2.6T |
| Total Debt | $748.8B |
| Net Debt | $440.5B |
