| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.6B | $22.1B | $21.7B | -2.4% | -0.5% |
| Op. Income | $1.2B | $2.0B | $1.6B | -39.2% | -24.0% |
| Gross Margin | 20.3% | 23.2% | 21.7% | -2.9pp | -1.5pp |
| Net Margin | 3.7% | 6.7% | 5.0% | -3.0pp | -1.3pp |
| EPS (Diluted) | $3.21 | $5.94 | $4.24 | -46.0% | -24.3% |
| Free Cash Flow | $420M | $1.5B | $940M | -71.9% | -55.3% |
| Item | Amount |
|---|---|
| REVENUE | $21.6B |
| Cost of Revenue | $17.2B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$152M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $262M |
| Net Income from Continuing Ops | $794M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $794M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $793M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $21.6B |
| Cost of Revenue | $17.2B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$152M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $262M |
| Net Income from Continuing Ops | $794M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $794M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $793M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $794M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $877M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$767M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$802M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$339M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$969M |
| FREE CASH FLOW | $420M |
| Net Change in Cash | -$558M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $76M |
| Net Receivables | $10.3B |
| Inventory | $611M |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $18.1B |
| PP&E (Net) | $58.3B |
| Goodwill | $6.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $414M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $68.6B |
| TOTAL ASSETS | $86.7B |
| Account Payables | $3.7B |
| Short-Term Debt | $622M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.1B |
| Long-Term Debt | $19.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $45.4B |
| TOTAL LIABILITIES | $59.5B |
| Common Stock | $32M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $38.8B |
| Treasury Stock | -$14.4B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.2B |
| TOTAL LIABILITIES & EQUITY | $86.7B |
| Total Debt | $37.8B |
| Net Debt | $31.8B |
