| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $906M | $926M | $525M | -2.2% | 72.6% |
| Op. Income | $207M | $184M | $106M | 12.5% | 95.3% |
| Gross Margin | 38.6% | 37.5% | 38.3% | 1.2pp | 0.3pp |
| Net Margin | 12.7% | 3.6% | -1.9% | 9.1pp | 14.6pp |
| EPS (Diluted) | $1.26 | $0.36 | $-0.14 | 250.0% | 1000.0% |
| Free Cash Flow | $131M | $118M | $25M | 11.0% | 424.0% |
| Item | Amount |
|---|---|
| REVENUE | $906M |
| Cost of Revenue | $556M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $71M |
| Operating Expenses | $143M |
| Cost & Expenses | $699M |
| OPERATING INCOME | $207M |
| Interest Income | $6M |
| Interest Expense | $27M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $160M |
| EBIT | $189M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $906M |
| Cost of Revenue | $556M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $71M |
| Operating Expenses | $143M |
| Cost & Expenses | $699M |
| OPERATING INCOME | $207M |
| Interest Income | $6M |
| Interest Expense | $27M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $160M |
| EBIT | $189M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $160M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$124M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$265M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | -$158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $426M |
| Inventory | $91M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $799M |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $82M |
| Tax Assets | $60M |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $340M |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $400M |
| TOTAL CURRENT LIABILITIES | $961M |
| Long-Term Debt | $888M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$897M |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.1B |
| Net Debt | $882M |
