| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0B | $10.6B | $7.3B | -23.8% | 10.8% |
| Op. Income | $76M | $593M | -$289M | -87.2% | 126.3% |
| Gross Margin | 18.9% | 20.1% | 15.8% | -1.2pp | 3.1pp |
| Net Margin | 3.2% | 4.6% | -1.8% | -1.4pp | 4.9pp |
| EPS (Diluted) | $0.91 | $1.73 | $-0.48 | -47.4% | 289.6% |
| Free Cash Flow | $975M | $571M | -$661M | 70.8% | 247.5% |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $239M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $76M |
| Interest Income | $72M |
| Interest Expense | $0 |
| Other Income/Expenses | $257M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $265M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $205M |
| EBIT | $333M |
| EBITDA | $538M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $239M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $76M |
| Interest Income | $72M |
| Interest Expense | $0 |
| Other Income/Expenses | $257M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $265M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $205M |
| EBIT | $333M |
| EBITDA | $538M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $254M |
| Depreciation & Amortization | $205M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$145M |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | $922M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$186M |
| Acquisitions (Net) | $34M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $975M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $0 |
| Net Receivables | $16.2B |
| Inventory | $8.5B |
| Other Current Assets | $497M |
| TOTAL CURRENT ASSETS | $33.3B |
| PP&E (Net) | $5.2B |
| Goodwill | $4.4B |
| Intangible Assets | $773M |
| Long-Term Investments | $3.2B |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $18.3B |
| TOTAL ASSETS | $51.6B |
| Account Payables | $5.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $18.7B |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $32.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $782M |
| Other Non-Current Liabilities | $8.4B |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $41.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $51.6B |
| Total Debt | $0 |
| Net Debt | -$8.1B |
