| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $714M | $726M | $735M | -1.7% | -2.9% |
| Op. Income | $124M | $192M | $169M | -35.6% | -26.7% |
| Gross Margin | 65.0% | 63.2% | 62.2% | 1.8pp | 2.9pp |
| Net Margin | 12.1% | 19.7% | 16.9% | -7.6pp | -4.8pp |
| EPS (Diluted) | $0.41 | $0.68 | $0.59 | -39.7% | -30.5% |
| Free Cash Flow | $122M | $240M | $180M | -49.3% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $464M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $153M |
| SG&A Expenses | $157M |
| Other Expenses | $183M |
| Operating Expenses | $340M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $124M |
| Interest Income | $644M |
| Interest Expense | $222M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $35M |
| EBIT | $124M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $464M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $153M |
| SG&A Expenses | $157M |
| Other Expenses | $183M |
| Operating Expenses | $340M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $124M |
| Interest Income | $644M |
| Interest Expense | $222M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $35M |
| EBIT | $124M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$241.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $190M |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | $250M |
| Net Debt Issuance | -$550M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$75M |
| Other Financing Activities | $454M |
| NET CASH FROM FINANCING | -$178M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $264M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $452M |
| Goodwill | $1.0B |
| Intangible Assets | $562M |
| Long-Term Investments | $43.7B |
| Tax Assets | $311M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $47.5B |
| TOTAL ASSETS | $51.5B |
| Account Payables | $0 |
| Short-Term Debt | $192M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.2B |
| TOTAL CURRENT LIABILITIES | $42.4B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $772M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $46.3B |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$227M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$358M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $51.5B |
| Total Debt | $3.3B |
| Net Debt | $1.2B |
