| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 7.7% | 10.4% |
| Op. Income | $1.1B | $947M | $960M | 17.0% | 15.5% |
| Gross Margin | 87.4% | 85.5% | 86.2% | 1.9pp | 1.3pp |
| Net Margin | 58.2% | 57.3% | 57.5% | 0.9pp | 0.7pp |
| EPS (Diluted) | $2.62 | $2.40 | $2.35 | 9.2% | 11.5% |
| Free Cash Flow | $1.1B | $992M | $873M | 11.2% | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $207M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $299M |
| Operating Expenses | $328M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $137M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $289M |
| Net Income from Continuing Ops | $956M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $956M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $944M |
| D&A | $83M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $207M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $299M |
| Operating Expenses | $328M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $137M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $289M |
| Net Income from Continuing Ops | $956M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $956M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $944M |
| D&A | $83M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $956M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$2.6B |
| Other Financing Activities | $21.8B |
| NET CASH FROM FINANCING | $19.2B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $20.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $114M |
| Net Receivables | $770M |
| Inventory | $0 |
| Other Current Assets | $121.2B |
| TOTAL CURRENT ASSETS | $123.4B |
| PP&E (Net) | $371M |
| Goodwill | $10.5B |
| Intangible Assets | $19.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $34.4B |
| TOTAL ASSETS | $157.8B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $121.3B |
| TOTAL CURRENT LIABILITIES | $121.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $721M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $130.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $22.4B |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.0B |
| TOTAL LIABILITIES & EQUITY | $157.8B |
| Total Debt | $3.4B |
| Net Debt | $2.0B |
