| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $806M | $824M | $713M | -2.3% | 13.0% |
| Op. Income | $129M | $155M | $100M | -16.6% | 29.3% |
| Gross Margin | 36.3% | 38.5% | 35.6% | -2.2pp | 0.7pp |
| Net Margin | 12.6% | 14.3% | 10.7% | -1.7pp | 1.9pp |
| EPS (Diluted) | $2.68 | $3.09 | $1.99 | -13.3% | 34.7% |
| Free Cash Flow | -$55M | $278M | -$58M | -119.6% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $806M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $292M |
| R&D Expenses | $23M |
| Selling & Marketing | $40M |
| General & Administrative | $99M |
| SG&A Expenses | $139M |
| Other Expenses | $1M |
| Operating Expenses | $163M |
| Cost & Expenses | $676M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $31M |
| EBIT | $135M |
| EBITDA | $166M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $806M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $292M |
| R&D Expenses | $23M |
| Selling & Marketing | $40M |
| General & Administrative | $99M |
| SG&A Expenses | $139M |
| Other Expenses | $1M |
| Operating Expenses | $163M |
| Cost & Expenses | $676M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $31M |
| EBIT | $135M |
| EBITDA | $166M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $510.0K |
| Change in Working Capital | -$174M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $499.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$309.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $911M |
| Inventory | $578M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $534M |
| Goodwill | $1.7B |
| Intangible Assets | $583M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $361M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $238M |
| Short-Term Debt | $0 |
| Deferred Revenue | $448M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $954M |
| Long-Term Debt | $959M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $139M |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $49M |
| Additional Paid-In Capital | $145M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$224M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.1B |
| Net Debt | $894M |
