| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 1.9% | 6.2% |
| Op. Income | $395M | $313M | $356M | 26.3% | 11.1% |
| Gross Margin | 78.7% | 78.9% | 78.2% | -0.3pp | 0.4pp |
| Net Margin | 25.3% | 27.8% | 26.5% | -2.5pp | -1.1pp |
| EPS (Diluted) | $0.61 | $0.65 | $0.58 | -6.2% | 5.2% |
| Free Cash Flow | $224M | -$177M | -$139M | 226.6% | 261.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $302M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $255M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466M |
| Other Expenses | -$4M |
| Operating Expenses | $716M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $395M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $37M |
| EBIT | $434M |
| EBITDA | $471M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $302M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $255M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466M |
| Other Expenses | -$4M |
| Operating Expenses | $716M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $395M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $37M |
| EBIT | $434M |
| EBITDA | $471M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $356M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$151M |
| OPERATING CASH FLOW | $280M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$647M |
| Sales/Maturities of Investments | $846M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | $85M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$259M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | -$258M |
| FREE CASH FLOW | $224M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $758M |
| Net Receivables | $752M |
| Inventory | $1.1B |
| Other Current Assets | $337M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $1.8B |
| Goodwill | $1.8B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $278M |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $755M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $13.0B |
| Account Payables | $172M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $399M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $598M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $760M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $656M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $13.5B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$255M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $63M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $699M |
| Net Debt | -$2.4B |
