| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.1B | — | 15.3% | — |
| Op. Income | $953M | $671M | — | 42.0% | — |
| Gross Margin | 40.8% | 39.1% | — | 1.7pp | — |
| Net Margin | 23.2% | 10.3% | — | 12.9pp | — |
| EPS (Diluted) | $1.78 | $0.68 | — | 161.8% | — |
| Free Cash Flow | $94M | $787M | — | -88.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $953M |
| Interest Income | $52M |
| Interest Expense | $102M |
| Other Income/Expenses | $160M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $832M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $827M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $827M |
| D&A | $91M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $953M |
| Interest Income | $52M |
| Interest Expense | $102M |
| Other Income/Expenses | $160M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $832M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $827M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $827M |
| D&A | $91M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $832M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $103M |
| Other Non-Cash Items | -$206M |
| Change in Working Capital | -$696M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$131M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | -$347M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | -$267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $795M |
| Other Current Assets | $259M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $2.6B |
| Goodwill | $3.5B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $1.4B |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $14.7B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $686M |
| Short-Term Debt | $600M |
| Deferred Revenue | $328M |
| Other Current Liabilities | $501M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $495M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $7.6B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.3B |
| Minority Interest | $302M |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $8.1B |
| Net Debt | $4.1B |
