| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $3.4B | $3.2B | 29.2% | 37.0% |
| Op. Income | $624M | $555M | $517M | 12.4% | 20.7% |
| Gross Margin | 27.3% | 33.5% | 32.7% | -6.2pp | -5.4pp |
| Net Margin | 10.0% | 8.5% | 9.7% | 1.5pp | 0.3pp |
| EPS (Diluted) | $2.14 | $1.41 | $1.51 | 51.8% | 41.7% |
| Free Cash Flow | $147M | -$163M | -$9M | 190.2% | 1733.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $589M |
| Operating Expenses | $589M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $624M |
| Interest Income | $23M |
| Interest Expense | $250M |
| Other Income/Expenses | -$197M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $445M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $444M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $444M |
| D&A | $452M |
| EBIT | $677M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $589M |
| Operating Expenses | $589M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $624M |
| Interest Income | $23M |
| Interest Expense | $250M |
| Other Income/Expenses | -$197M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $445M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $444M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $444M |
| D&A | $452M |
| EBIT | $677M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $445M |
| Depreciation & Amortization | $452M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $156M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$873M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $139M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$968M |
| Net Debt Issuance | $174M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$217M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $1.2B |
| Other Current Assets | $541M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $31.3B |
| Goodwill | $2.0B |
| Intangible Assets | $141M |
| Long-Term Investments | $304M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.2B |
| TOTAL NON-CURRENT ASSETS | $45.9B |
| TOTAL ASSETS | $49.6B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $902M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $21.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $33.5B |
| TOTAL LIABILITIES | $37.6B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $6M |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $49.6B |
| Total Debt | $23.4B |
| Net Debt | $23.4B |
