| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | — | $4.9B | — | 5.1% |
| Op. Income | $1.4B | — | $1.2B | — | 18.1% |
| Gross Margin | 59.6% | — | 58.9% | — | 0.7pp |
| Net Margin | 16.6% | — | 15.1% | — | 1.5pp |
| EPS (Diluted) | $1.51 | — | $1.24 | — | 21.8% |
| Free Cash Flow | $313M | — | $411M | — | -23.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | -$20M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.4B |
| Interest Income | $8M |
| Interest Expense | $339M |
| Other Income/Expenses | -$357M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $190M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $851M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $851M |
| D&A | $768M |
| EBIT | $1.4B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | -$20M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.4B |
| Interest Income | $8M |
| Interest Expense | $339M |
| Other Income/Expenses | -$357M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $190M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $851M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $851M |
| D&A | $768M |
| EBIT | $1.4B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $848M |
| Depreciation & Amortization | $768M |
| Stock-Based Compensation | $124M |
| Deferred Income Tax | -$37M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $648M |
| Capital Expenditure | -$335M |
| Acquisitions (Net) | -$316M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$242M |
| NET CASH FROM INVESTING | -$925M |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $438M |
| NET CASH FROM FINANCING | $627M |
| FREE CASH FLOW | $313M |
| Net Change in Cash | $376M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641M |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $0 |
| Other Current Assets | $18.4B |
| TOTAL CURRENT ASSETS | $25.6B |
| PP&E (Net) | $2.4B |
| Goodwill | $37.0B |
| Intangible Assets | $10.5B |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $54.8B |
| TOTAL ASSETS | $80.4B |
| Account Payables | $663M |
| Short-Term Debt | $856M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $17.2B |
| TOTAL CURRENT LIABILITIES | $23.3B |
| Long-Term Debt | $25.8B |
| Deferred Revenue NC | $263M |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $882M |
| TOTAL NON-CURRENT LIABILITIES | $30.6B |
| TOTAL LIABILITIES | $53.9B |
| Common Stock | $8M |
| Additional Paid-In Capital | $22.8B |
| Retained Earnings | $24.4B |
| Treasury Stock | -$20.2B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.9B |
| Minority Interest | $637M |
| TOTAL EQUITY | $26.5B |
| TOTAL LIABILITIES & EQUITY | $80.4B |
| Total Debt | $28.4B |
| Net Debt | $27.8B |
