| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.5B | -9.0% | -3.3% |
| Op. Income | $261M | $311M | $239M | -16.2% | 9.0% |
| Gross Margin | 59.8% | 60.3% | 59.3% | -0.6pp | 0.4pp |
| Net Margin | 11.7% | 12.9% | 13.6% | -1.2pp | -1.9pp |
| EPS (Diluted) | $0.50 | $0.60 | $0.58 | -16.7% | -13.8% |
| Free Cash Flow | $215M | $465M | $230M | -53.8% | -6.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $593M |
| GROSS PROFIT | $881M |
| R&D Expenses | $105M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | $0 |
| Operating Expenses | $620M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $261M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $135M |
| EBIT | $233M |
| EBITDA | $368M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $593M |
| GROSS PROFIT | $881M |
| R&D Expenses | $105M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | $0 |
| Operating Expenses | $620M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $261M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $135M |
| EBIT | $233M |
| EBITDA | $368M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $172M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $242M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | -$203M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $892M |
| Short-Term Investments | $0 |
| Net Receivables | $929M |
| Inventory | $568M |
| Other Current Assets | $315M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $434M |
| Goodwill | $10.2B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $496M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $669M |
| Short-Term Debt | $934M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $8.4B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$395M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $7M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $3.9B |
| Net Debt | $3.0B |
