| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.1B | -23.0% | 2.5% |
| Op. Income | $210M | $274M | $211M | -23.2% | -0.3% |
| Gross Margin | 39.8% | 39.2% | 38.9% | 0.7pp | 1.0pp |
| Net Margin | 13.5% | 11.7% | 11.6% | 1.7pp | 1.9pp |
| EPS (Diluted) | $4.33 | $4.89 | $3.58 | -11.5% | 20.9% |
| Free Cash Flow | $164M | $136M | $103M | 20.9% | 59.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $669M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $124M |
| General & Administrative | $109M |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $233M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $210M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $20M |
| EBIT | $238M |
| EBITDA | $258M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $669M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $124M |
| General & Administrative | $109M |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $233M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $210M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $20M |
| EBIT | $238M |
| EBITDA | $258M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$646.0K |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$617.0K |
| Other Financing Activities | -$629.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $0 |
| Net Receivables | $303M |
| Inventory | $73M |
| Other Current Assets | $336M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $512M |
| Goodwill | $12M |
| Intangible Assets | $156M |
| Long-Term Investments | $107M |
| Tax Assets | $26M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $862M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $123M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $342.0K |
| Additional Paid-In Capital | $892.0K |
| Retained Earnings | -$3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.9B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $5.2B |
| Net Debt | $4.9B |
