| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | $1.6B | -10.4% | 24.2% |
| Op. Income | $706M | $1.0B | $760M | -31.7% | -7.2% |
| Gross Margin | 75.3% | 75.6% | 75.0% | -0.3pp | 0.3pp |
| Net Margin | 3.2% | 56.8% | 71.8% | -53.6pp | -68.6pp |
| EPS (Diluted) | $0.24 | $4.68 | $4.40 | -94.9% | -94.5% |
| Free Cash Flow | -$183M | $965M | $411M | -118.9% | -144.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $503M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $355M |
| Selling & Marketing | $214M |
| General & Administrative | $228M |
| SG&A Expenses | $442M |
| Other Expenses | $28M |
| Operating Expenses | $826M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $706M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$623M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $33M |
| EBIT | $103M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $503M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $355M |
| Selling & Marketing | $214M |
| General & Administrative | $228M |
| SG&A Expenses | $442M |
| Other Expenses | $28M |
| Operating Expenses | $826M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $706M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$623M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $33M |
| EBIT | $103M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $191M |
| Deferred Income Tax | -$55M |
| Other Non-Cash Items | $709M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | -$183M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$148M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$232M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$793M |
| NET CASH FROM FINANCING | -$894M |
| FREE CASH FLOW | -$183M |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $2.1B |
| Net Receivables | $768M |
| Inventory | $0 |
| Other Current Assets | $6.4B |
| TOTAL CURRENT ASSETS | $17.5B |
| PP&E (Net) | $302M |
| Goodwill | $1.2B |
| Intangible Assets | $47M |
| Long-Term Investments | $1.7B |
| Tax Assets | $996M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $21.7B |
| Account Payables | $63M |
| Short-Term Debt | $273M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | $5.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $21.7B |
| Total Debt | $4.6B |
| Net Debt | -$3.5B |
