| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.2B | $16.2B | $15.8B | -12.1% | -9.8% |
| Op. Income | $2.6B | $2.9B | $3.5B | -11.8% | -26.7% |
| Gross Margin | 34.8% | 34.3% | 37.0% | 0.5pp | -2.2pp |
| Net Margin | 14.1% | 17.2% | 18.1% | -3.2pp | -4.0pp |
| EPS (Diluted) | $4.20 | $5.78 | $5.75 | -27.3% | -27.0% |
| Free Cash Flow | $371M | $2.4B | $1.3B | -84.3% | -71.8% |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $480M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $306M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $99M |
| Interest Expense | $99M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $574M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $540M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $480M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $306M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $99M |
| Interest Expense | $99M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $574M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $540M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $540M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$918M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$179M |
| Sales/Maturities of Investments | $923M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$175M |
| Net Debt Issuance | -$98M |
| Common Stock Repurchased | -$3.7B |
| Common Dividends Paid | -$674M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $371M |
| Net Change in Cash | -$3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $0 |
| Net Receivables | $19.0B |
| Inventory | $17.9B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $43.0B |
| PP&E (Net) | $13.4B |
| Goodwill | $5.3B |
| Intangible Assets | $361M |
| Long-Term Investments | $18.0B |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $42.0B |
| TOTAL ASSETS | $85.0B |
| Account Payables | $7.8B |
| Short-Term Debt | $12.8B |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $32.6B |
| Long-Term Debt | $25.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.5B |
| TOTAL NON-CURRENT LIABILITIES | $34.3B |
| TOTAL LIABILITIES | $66.9B |
| Common Stock | $6.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $61.4B |
| Treasury Stock | -$47.1B |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.1B |
| Minority Interest | $3M |
| TOTAL EQUITY | $18.1B |
| TOTAL LIABILITIES & EQUITY | $85.0B |
| Total Debt | $38.6B |
| Net Debt | $35.0B |
