| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $635M | $470M | $609M | 35.0% | 4.3% |
| Op. Income | $165M | $85M | $171M | 93.9% | -3.7% |
| Gross Margin | 29.2% | 22.2% | 30.7% | 7.0pp | -1.5pp |
| Net Margin | 19.4% | 14.1% | 22.0% | 5.3pp | -2.6pp |
| EPS (Diluted) | $3.76 | $2.00 | $3.94 | 88.0% | -4.6% |
| Free Cash Flow | $61M | $14M | $100M | 318.6% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $470M |
| OPERATING INCOME | $165M |
| Interest Income | $151.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $41M |
| EBIT | $170M |
| EBITDA | $210M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $470M |
| OPERATING INCOME | $165M |
| Interest Income | $151.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $41M |
| EBIT | $170M |
| EBITDA | $210M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $71M |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $393M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $732M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $593M |
| Long-Term Investments | $144M |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $136M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $268M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $243M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $326.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
