| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46.6B | — | $40.4B | — | 15.4% |
| Op. Income | $1.5B | — | $1.1B | — | 38.7% |
| Gross Margin | 11.2% | — | 11.5% | — | -0.3pp |
| Net Margin | 2.8% | — | 2.9% | — | -0.1pp |
| EPS (Diluted) | $2.63 | — | $2.16 | — | 21.8% |
| Free Cash Flow | $1.4B | — | -$607M | — | 326.5% |
| Item | Amount |
|---|---|
| REVENUE | $46.6B |
| Cost of Revenue | $41.4B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $315M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $45.1B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | $212M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $432M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $315M |
| EBIT | $1.9B |
| EBITDA | $2.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $46.6B |
| Cost of Revenue | $41.4B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $315M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $45.1B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | $212M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $432M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $315M |
| EBIT | $1.9B |
| EBITDA | $2.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $314M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$165M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$529M |
| Net Debt Issuance | -$208M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$250M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $752M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.8B |
| Short-Term Investments | $2.5B |
| Net Receivables | $22.4B |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $41.3B |
| PP&E (Net) | $2.0B |
| Goodwill | $17.6B |
| Intangible Assets | $5.2B |
| Long-Term Investments | $18.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $45.8B |
| TOTAL ASSETS | $87.0B |
| Account Payables | $13.9B |
| Short-Term Debt | $12M |
| Deferred Revenue | $869M |
| Other Current Liabilities | $19.9B |
| TOTAL CURRENT LIABILITIES | $37.1B |
| Long-Term Debt | $18.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $708M |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $21.9B |
| TOTAL LIABILITIES | $59.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $20.6B |
| Retained Earnings | $16.7B |
| Treasury Stock | -$9.0B |
| Accum. Other Comp. Income | -$337M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.9B |
| Minority Interest | $103M |
| TOTAL EQUITY | $28.0B |
| TOTAL LIABILITIES & EQUITY | $87.0B |
| Total Debt | $18.3B |
| Net Debt | $3.5B |
