| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.5B | — | $13.8B | — | 19.3% |
| Op. Income | $4.2B | — | $3.4B | — | 22.1% |
| Gross Margin | 30.0% | — | 30.2% | — | -0.2pp |
| Net Margin | 17.3% | — | 18.4% | — | -1.1pp |
| EPS (Diluted) | $2.23 | — | $2.15 | — | 3.7% |
| Free Cash Flow | $2.7B | — | $2.1B | — | 32.3% |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $191M |
| Other Expenses | $551M |
| Operating Expenses | $742M |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $0 |
| Interest Expense | $299M |
| Other Income/Expenses | $268M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $2.8B |
| EBIT | $4.2B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $191M |
| Other Expenses | $551M |
| Operating Expenses | $742M |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $0 |
| Interest Expense | $299M |
| Other Income/Expenses | $268M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $2.8B |
| EBIT | $4.2B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$71M |
| Other Non-Cash Items | -$57M |
| Change in Working Capital | $648M |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$3.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$400M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | -$547M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$998M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $715M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $926M |
| Net Receivables | $6.4B |
| Inventory | $1.8B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $16.9B |
| PP&E (Net) | $94.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $107.3B |
| TOTAL ASSETS | $124.3B |
| Account Payables | $7.3B |
| Short-Term Debt | $608M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $23.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.5B |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $45.7B |
| TOTAL LIABILITIES | $59.0B |
| Common Stock | $23M |
| Additional Paid-In Capital | $77.6B |
| Retained Earnings | $66.7B |
| Treasury Stock | -$72.7B |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.2B |
| TOTAL LIABILITIES & EQUITY | $124.3B |
| Total Debt | $23.8B |
| Net Debt | $17.5B |
