| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.9B | — | $42.6B | — | 14.8% |
| Op. Income | $3.1B | — | $3.2B | — | -2.0% |
| Gross Margin | 27.8% | — | 28.3% | — | -0.5pp |
| Net Margin | 4.5% | — | 5.3% | — | -0.8pp |
| EPS (Diluted) | $9.61 | — | $9.59 | — | 0.2% |
| Free Cash Flow | $821M | — | $1.7B | — | -51.7% |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $35.3B |
| GROSS PROFIT | $13.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.4B |
| Operating Expenses | $10.4B |
| Cost & Expenses | $45.8B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $344M |
| Other Income/Expenses | -$344M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $373M |
| EBIT | $3.1B |
| EBITDA | $3.5B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $35.3B |
| GROSS PROFIT | $13.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.4B |
| Operating Expenses | $10.4B |
| Cost & Expenses | $45.8B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $344M |
| Other Income/Expenses | -$344M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $373M |
| EBIT | $3.1B |
| EBITDA | $3.5B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $373M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | -$174M |
| Other Non-Cash Items | $338M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$196M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $4.6B |
| Other Investing Activities | -$315M |
| NET CASH FROM INVESTING | $103M |
| Net Debt Issuance | -$819M |
| Common Stock Repurchased | -$880M |
| Common Dividends Paid | -$386M |
| Other Financing Activities | $176M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $821M |
| Net Change in Cash | -$788M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $0 |
| Net Receivables | $15.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.1B |
| PP&E (Net) | $4.6B |
| Goodwill | $28.4B |
| Intangible Assets | $11.9B |
| Long-Term Investments | $37.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.3B |
| TOTAL NON-CURRENT ASSETS | $96.6B |
| TOTAL ASSETS | $119.7B |
| Account Payables | $16.8B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20.3B |
| Long-Term Debt | $28.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $26.5B |
| TOTAL NON-CURRENT LIABILITIES | $56.8B |
| TOTAL LIABILITIES | $77.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.9B |
| Retained Earnings | $34.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$911M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.5B |
| Minority Interest | $117M |
| TOTAL EQUITY | $42.6B |
| TOTAL LIABILITIES & EQUITY | $119.7B |
| Total Debt | $30.0B |
| Net Debt | $22.5B |
