| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.7B | $3.7B | -4.4% | -4.8% |
| Op. Income | $651M | $736M | $1.0B | -11.5% | -35.2% |
| Gross Margin | 60.7% | 60.8% | 64.1% | -0.1pp | -3.4pp |
| Net Margin | 13.7% | 19.0% | 19.7% | -5.3pp | -6.0pp |
| EPS (Diluted) | $34.47 | $49.21 | $49.26 | -30.0% | -30.0% |
| Free Cash Flow | -$175M | $678M | $176M | -125.8% | -199.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $914M |
| SG&A Expenses | $946M |
| Other Expenses | $542M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $651M |
| Interest Income | $2.9B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $651M |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $483M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $483M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $93M |
| EBIT | $651M |
| EBITDA | $744M |
| EPS | $34 |
| EPS Diluted | $34 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $914M |
| SG&A Expenses | $946M |
| Other Expenses | $542M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $651M |
| Interest Income | $2.9B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $651M |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $483M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $483M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $93M |
| EBIT | $651M |
| EBITDA | $744M |
| EPS | $34 |
| EPS Diluted | $34 |
| Item | Amount |
|---|---|
| Net Income | $483M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $148M |
| Change in Working Capital | -$586M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$273M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$4.8B |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$618M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $4.2B |
| NET CASH FROM FINANCING | $4.8B |
| FREE CASH FLOW | -$175M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.5B |
| Short-Term Investments | $9.6B |
| Net Receivables | $6.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41.2B |
| PP&E (Net) | $11.7B |
| Goodwill | $346M |
| Intangible Assets | $262M |
| Long-Term Investments | $173.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $187.3B |
| TOTAL ASSETS | $228.8B |
| Account Payables | $107M |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159.3B |
| TOTAL CURRENT LIABILITIES | $159.9B |
| Long-Term Debt | $37.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $46.6B |
| TOTAL LIABILITIES | $206.5B |
| Common Stock | $13M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $19.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$199M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.3B |
| TOTAL LIABILITIES & EQUITY | $228.8B |
| Total Debt | $38.7B |
| Net Debt | $13.2B |
