| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $562M | $558M | $502M | 0.8% | 12.1% |
| Op. Income | $134M | $184M | $80M | -27.0% | 67.4% |
| Gross Margin | 61.0% | 63.0% | 62.5% | -2.0pp | -1.5pp |
| Net Margin | 18.9% | 27.2% | 12.8% | -8.3pp | 6.1pp |
| EPS (Diluted) | $8.66 | $12.26 | $5.08 | -29.4% | 70.5% |
| Free Cash Flow | $346M | $306M | $310M | 13.2% | 11.7% |
| Item | Amount |
|---|---|
| REVENUE | $562M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $22M |
| SG&A Expenses | $47M |
| Other Expenses | $162M |
| Operating Expenses | $209M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $134M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $7M |
| EBIT | $134M |
| EBITDA | $141M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $562M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $22M |
| SG&A Expenses | $47M |
| Other Expenses | $162M |
| Operating Expenses | $209M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $134M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $7M |
| EBIT | $134M |
| EBITDA | $141M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $163M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $346M |
| Capital Expenditure | -$300.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$290M |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | $356M |
| Common Stock Repurchased | -$164M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $221M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | $276M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $13M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | -$1.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$14M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $9.3B |
| Account Payables | $0 |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $521M |
| TOTAL CURRENT LIABILITIES | $611M |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $78M |
| Deferred Tax Liabilities | $321M |
| Other Non-Current Liabilities | -$7.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $352M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $600.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $6.7B |
| Net Debt | $5.6B |
