| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $9.3B | $8.2B | -1.7% | 10.7% |
| Op. Income | $1.7B | $1.6B | $412M | 5.4% | 314.8% |
| Gross Margin | 76.3% | 76.9% | 74.2% | -0.5pp | 2.1pp |
| Net Margin | 16.8% | 15.6% | 2.4% | 1.2pp | 14.4pp |
| EPS (Diluted) | $1.56 | $1.47 | $0.20 | 6.1% | 680.0% |
| Free Cash Flow | $6.1B | $3.3B | $4.2B | 86.9% | 43.2% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $3.2B |
| General & Administrative | $647M |
| SG&A Expenses | $3.9B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $879M |
| EBIT | $1.7B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $3.2B |
| General & Administrative | $647M |
| SG&A Expenses | $3.9B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $879M |
| EBIT | $1.7B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $879M |
| Stock-Based Compensation | $750M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $480M |
| Change in Working Capital | $2.6B |
| OPERATING CASH FLOW | $6.2B |
| Capital Expenditure | -$163M |
| Acquisitions (Net) | -$338M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | -$388M |
| Other Financing Activities | $533M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $6.1B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $7.7B |
| Net Receivables | $4.3B |
| Inventory | $0 |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $25.6B |
| PP&E (Net) | $5.8B |
| Goodwill | $48.9B |
| Intangible Assets | $4.9B |
| Long-Term Investments | $5.0B |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $70.6B |
| TOTAL ASSETS | $96.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $16.1B |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $13.3B |
| TOTAL LIABILITIES | $36.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $60.9B |
| Retained Earnings | $12.9B |
| Treasury Stock | -$13.9B |
| Accum. Other Comp. Income | -$270M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $59.7B |
| TOTAL LIABILITIES & EQUITY | $96.2B |
| Total Debt | $12.5B |
| Net Debt | $2.6B |
