| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.3B | 2.0% | -0.9% |
| Op. Income | $318M | $378M | $282M | -15.9% | 12.8% |
| Gross Margin | 24.8% | 24.7% | 23.0% | 0.1pp | 1.7pp |
| Net Margin | 7.9% | 14.7% | 7.1% | -6.8pp | 0.8pp |
| EPS (Diluted) | $1.57 | $2.82 | $1.39 | -44.3% | 12.9% |
| Free Cash Flow | -$314M | $365M | -$201M | -186.0% | -56.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $567M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $318M |
| Interest Income | $4M |
| Interest Expense | $53M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $126M |
| EBIT | $306M |
| EBITDA | $432M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $567M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $318M |
| Interest Income | $4M |
| Interest Expense | $53M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $126M |
| EBIT | $306M |
| EBITDA | $432M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $183M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$123M |
| Change in Working Capital | -$350M |
| OPERATING CASH FLOW | -$167M |
| Capital Expenditure | -$147M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$96M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | -$314M |
| Net Change in Cash | -$419M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $2.1B |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $5.6B |
| Goodwill | $3.6B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $750M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $15.0B |
| Account Payables | $2.0B |
| Short-Term Debt | $285M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $512M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $10.1B |
| Treasury Stock | -$6.4B |
| Accum. Other Comp. Income | -$321M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $73M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
