| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $935M | -2.8% | 7.5% |
| Op. Income | $427M | $488M | $397M | -12.5% | 7.5% |
| Gross Margin | 77.9% | 77.9% | 77.8% | 0.1pp | 0.1pp |
| Net Margin | 24.2% | 23.8% | 24.6% | 0.4pp | -0.4pp |
| EPS (Diluted) | $3.40 | $3.44 | $3.12 | -1.2% | 9.0% |
| Free Cash Flow | -$119M | $605M | $309M | -119.7% | -138.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $222M |
| GROSS PROFIT | $784M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $157M |
| SG&A Expenses | $265M |
| Other Expenses | $92M |
| Operating Expenses | $357M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | -$100M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $244M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $92M |
| EBIT | $421M |
| EBITDA | $514M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $222M |
| GROSS PROFIT | $784M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $157M |
| SG&A Expenses | $265M |
| Other Expenses | $92M |
| Operating Expenses | $357M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | -$100M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $244M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $92M |
| EBIT | $421M |
| EBITDA | $514M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $244M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$455M |
| OPERATING CASH FLOW | -$74M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$154M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$184M |
| Net Debt Issuance | $181M |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | -$119M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $3.5B |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $402M |
| Goodwill | $6.2B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $407M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $18.5B |
| Account Payables | $1.8B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $3.2B |
| Other Current Liabilities | $530M |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $431M |
| Other Non-Current Liabilities | $470M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $132.0K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $9.4B |
| Treasury Stock | -$8.2B |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $40M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $18.5B |
| Total Debt | $8.2B |
| Net Debt | $6.6B |
