| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $921M | -7.0% | 12.5% |
| Op. Income | $134M | $189M | $101M | -29.2% | 32.2% |
| Gross Margin | 56.9% | 58.9% | 61.0% | -2.0pp | -4.2pp |
| Net Margin | 10.2% | 13.6% | 15.9% | -3.4pp | -5.7pp |
| EPS (Diluted) | $0.27 | $0.38 | $0.36 | -28.9% | -25.0% |
| Free Cash Flow | $97M | $177M | $152M | -45.2% | -36.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $447M |
| GROSS PROFIT | $589M |
| R&D Expenses | $145M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $455M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $134M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $60M |
| EBIT | $159M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $447M |
| GROSS PROFIT | $589M |
| R&D Expenses | $145M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $455M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $134M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $60M |
| EBIT | $159M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $400.0K |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$463M |
| Sales/Maturities of Investments | $650M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | $100M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $299M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $905M |
| Short-Term Investments | $1.8B |
| Net Receivables | $1.2B |
| Inventory | $538M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $1.4B |
| Goodwill | $23M |
| Intangible Assets | $95M |
| Long-Term Investments | $116M |
| Tax Assets | $487M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $432M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $8M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.6B |
| Net Debt | $1.7B |
