| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | $13.6B | $14.7B | 1.5% | -5.6% |
| Op. Income | $2.4B | $2.6B | $4.3B | -9.9% | -44.9% |
| Gross Margin | 65.9% | 64.4% | 65.2% | 1.5pp | 0.7pp |
| Net Margin | 19.6% | 15.8% | 24.8% | 3.7pp | -5.2pp |
| EPS (Diluted) | $0.68 | $0.54 | $0.89 | 25.9% | -23.6% |
| Free Cash Flow | $3.4B | $3.5B | $2.2B | -2.5% | 54.0% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.8B |
| General & Administrative | $795M |
| SG&A Expenses | $3.5B |
| Other Expenses | $930M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $2.4B |
| Interest Income | $286M |
| Interest Expense | $418M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | -$444M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $789M |
| EBIT | $2.7B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.8B |
| General & Administrative | $795M |
| SG&A Expenses | $3.5B |
| Other Expenses | $930M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $2.4B |
| Interest Income | $286M |
| Interest Expense | $418M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | -$444M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $789M |
| EBIT | $2.7B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $789M |
| Stock-Based Compensation | $827M |
| Deferred Income Tax | -$281M |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | -$324M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | -$217M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $479M |
| Net Debt Issuance | $979M |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.1B |
| Short-Term Investments | $9.6B |
| Net Receivables | $7.6B |
| Inventory | $3.1B |
| Other Current Assets | $6.4B |
| TOTAL CURRENT ASSETS | $35.8B |
| PP&E (Net) | $2.1B |
| Goodwill | $58.8B |
| Intangible Assets | $10.7B |
| Long-Term Investments | $0 |
| Tax Assets | $6.5B |
| Other Non-Current Assets | $9.5B |
| TOTAL NON-CURRENT ASSETS | $87.6B |
| TOTAL ASSETS | $123.3B |
| Account Payables | $2.0B |
| Short-Term Debt | $12.4B |
| Deferred Revenue | $15.6B |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $40.5B |
| Long-Term Debt | $19.6B |
| Deferred Revenue NC | $11.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $37.5B |
| TOTAL LIABILITIES | $78.1B |
| Common Stock | $46.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $662M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.3B |
| TOTAL LIABILITIES & EQUITY | $123.3B |
| Total Debt | $32.0B |
| Net Debt | $22.9B |
