| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -1.8% | 2.3% |
| Op. Income | $391M | $356M | $372M | 9.9% | 5.1% |
| Gross Margin | 56.9% | 52.3% | 55.6% | 4.6pp | 1.3pp |
| Net Margin | 26.0% | 25.8% | 26.2% | 0.2pp | -0.1pp |
| EPS (Diluted) | $2.08 | $2.10 | $2.03 | -1.0% | 2.5% |
| Free Cash Flow | $278M | $500M | $266M | -44.4% | 4.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $481M |
| GROSS PROFIT | $634M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $157M |
| SG&A Expenses | $157M |
| Other Expenses | $86M |
| Operating Expenses | $243M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $391M |
| Interest Income | $1.0B |
| Interest Expense | $432M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $49M |
| EBIT | $391M |
| EBITDA | $441M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $481M |
| GROSS PROFIT | $634M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $157M |
| SG&A Expenses | $157M |
| Other Expenses | $86M |
| Operating Expenses | $243M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $391M |
| Interest Income | $1.0B |
| Interest Expense | $432M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $49M |
| EBIT | $391M |
| EBITDA | $441M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $290M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$105M |
| OPERATING CASH FLOW | $278M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $788M |
| Other Investing Activities | -$587M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$209.0K |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $278M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $500M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $162M |
| Goodwill | $466M |
| Intangible Assets | $0 |
| Long-Term Investments | $69.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $72.2B |
| TOTAL ASSETS | $76.2B |
| Account Payables | $0 |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63.1B |
| TOTAL CURRENT LIABILITIES | $63.4B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $68.2B |
| Common Stock | $170.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $7.5B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$495M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $76.2B |
| Total Debt | $3.9B |
| Net Debt | $412M |
