| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $620M | $631M | 4.4% | 2.5% |
| Op. Income | $147M | $102M | $156M | 44.4% | -5.6% |
| Gross Margin | 60.9% | 56.5% | 62.2% | 4.4pp | -1.3pp |
| Net Margin | 18.0% | 17.7% | 19.3% | 0.3pp | -1.3pp |
| EPS (Diluted) | $0.32 | $0.30 | $0.32 | 6.7% | 0.0% |
| Free Cash Flow | $43M | $278M | $216M | -84.5% | -80.1% |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $143M |
| SG&A Expenses | $148M |
| Other Expenses | $98M |
| Operating Expenses | $246M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $147M |
| Interest Income | $559M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $18M |
| EBIT | $147M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $143M |
| SG&A Expenses | $148M |
| Other Expenses | $98M |
| Operating Expenses | $246M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $147M |
| Interest Income | $559M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $18M |
| EBIT | $147M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$74M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$244M |
| Sales/Maturities of Investments | $230M |
| Other Investing Activities | -$300M |
| NET CASH FROM INVESTING | -$335M |
| Net Debt Issuance | $214M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $137M |
| NET CASH FROM FINANCING | $297M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.0B |
| Net Receivables | $759M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $539M |
| Goodwill | $2.5B |
| Intangible Assets | $48M |
| Long-Term Investments | $37.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $42.8B |
| TOTAL ASSETS | $49.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.2B |
| TOTAL CURRENT LIABILITIES | $39.1B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $880M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $42.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$186M |
| Accum. Other Comp. Income | -$121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $49.0B |
| Total Debt | $4.5B |
| Net Debt | $2.0B |
