| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.3B | $10.8B | $11.8B | -23.7% | -30.3% |
| Op. Income | $1.5B | $2.1B | $2.7B | -31.0% | -44.8% |
| Gross Margin | 39.0% | 37.0% | 39.2% | 2.0pp | -0.2pp |
| Net Margin | 10.5% | 11.5% | 14.8% | -1.0pp | -4.3pp |
| EPS (Diluted) | $3.19 | $4.55 | $6.23 | -29.9% | -48.8% |
| Free Cash Flow | -$1.9B | $3.5B | -$1.7B | -155.0% | -11.5% |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $526M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $972M |
| Other Expenses | $249M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $829M |
| Other Income/Expenses | -$584M |
| INCOME BEFORE TAX | $894M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $869M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $869M |
| D&A | $549M |
| EBIT | $1.7B |
| EBITDA | $2.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $526M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $972M |
| Other Expenses | $249M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $829M |
| Other Income/Expenses | -$584M |
| INCOME BEFORE TAX | $894M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $869M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $869M |
| D&A | $549M |
| EBIT | $1.7B |
| EBITDA | $2.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $867M |
| Depreciation & Amortization | $549M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $208M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | -$1.1B |
| Capital Expenditure | -$791M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | $2.3B |
| NET CASH FROM INVESTING | $1.4B |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | -$441M |
| Common Dividends Paid | -$403M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$923M |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | -$726M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $32M |
| Net Receivables | $57.6B |
| Inventory | $7.7B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $74.9B |
| PP&E (Net) | $14.6B |
| Goodwill | $3.9B |
| Intangible Assets | $937M |
| Long-Term Investments | $1.2B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $28.3B |
| TOTAL ASSETS | $103.1B |
| Account Payables | $2.4B |
| Short-Term Debt | $20.8B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $34.0B |
| Long-Term Debt | $43.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $448M |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $46.5B |
| TOTAL LIABILITIES | $80.6B |
| Common Stock | $5.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $56.8B |
| Treasury Stock | -$35.7B |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.5B |
| Minority Interest | $85M |
| TOTAL EQUITY | $22.6B |
| TOTAL LIABILITIES & EQUITY | $103.1B |
| Total Debt | $64.7B |
| Net Debt | $58.1B |
