| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | 1.1% | 6.4% |
| Op. Income | $494M | $416M | $441M | 18.7% | 11.9% |
| Gross Margin | 26.2% | 24.8% | 27.5% | 1.5pp | -1.2pp |
| Net Margin | 13.4% | 11.7% | 13.3% | 1.8pp | 0.1pp |
| EPS (Diluted) | $0.28 | $0.24 | $0.26 | 16.7% | 7.7% |
| Free Cash Flow | $412M | $354M | $437M | 16.5% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $754M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $173M |
| SG&A Expenses | $173M |
| Other Expenses | $87M |
| Operating Expenses | $260M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $494M |
| Interest Income | $22M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $502M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $87M |
| EBIT | $494M |
| EBITDA | $581M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $754M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $173M |
| SG&A Expenses | $173M |
| Other Expenses | $87M |
| Operating Expenses | $260M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $494M |
| Interest Income | $22M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $502M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $87M |
| EBIT | $494M |
| EBITDA | $581M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $387M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $557M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$554M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$585M |
| FREE CASH FLOW | $412M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $726M |
| Short-Term Investments | $689M |
| Net Receivables | $102M |
| Inventory | $41M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $6.5B |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $701M |
| Tax Assets | $0 |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $217M |
| Short-Term Debt | $0 |
| Deferred Revenue | $204M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $13M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.6B |
| Net Debt | $3.9B |
