| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -4.6% | 3.3% |
| Op. Income | $82M | $62M | $90M | 33.0% | -8.3% |
| Gross Margin | 41.1% | 38.2% | 42.1% | 2.9pp | -1.0pp |
| Net Margin | 4.2% | 3.3% | 4.8% | 0.9pp | -0.6pp |
| EPS (Diluted) | $0.31 | $0.25 | $0.34 | 24.0% | -8.8% |
| Free Cash Flow | $77M | $266M | $247M | -71.1% | -68.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $632M |
| GROSS PROFIT | $441M |
| R&D Expenses | $168M |
| Selling & Marketing | $137M |
| General & Administrative | $54M |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $358M |
| Cost & Expenses | $990M |
| OPERATING INCOME | $82M |
| Interest Income | $14M |
| Interest Expense | $23M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $33M |
| EBIT | $92M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $632M |
| GROSS PROFIT | $441M |
| R&D Expenses | $168M |
| Selling & Marketing | $137M |
| General & Administrative | $54M |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $358M |
| Cost & Expenses | $990M |
| OPERATING INCOME | $82M |
| Interest Income | $14M |
| Interest Expense | $23M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $33M |
| EBIT | $92M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$107M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $875M |
| Short-Term Investments | $337M |
| Net Receivables | $939M |
| Inventory | $845M |
| Other Current Assets | $496M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $25M |
| Goodwill | $444M |
| Intangible Assets | $156M |
| Long-Term Investments | $105M |
| Tax Assets | $868M |
| Other Non-Current Assets | $482M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $396M |
| Short-Term Debt | $12M |
| Deferred Revenue | $174M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $957M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $1.6B |
| Net Debt | $704M |
