| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $7.6B | $6.7B | -11.9% | -0.3% |
| Op. Income | $2.2B | $2.5B | -$4.3B | -8.8% | 151.8% |
| Gross Margin | 76.9% | 79.1% | 76.8% | -2.2pp | 0.1pp |
| Net Margin | 19.7% | 23.6% | -62.4% | -3.8pp | 82.1pp |
| EPS (Diluted) | $1.04 | $1.42 | $-3.34 | -26.8% | 131.1% |
| Free Cash Flow | $1.7B | $2.8B | $2.1B | -41.5% | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $753M |
| General & Administrative | $505M |
| SG&A Expenses | $1.3B |
| Other Expenses | $253M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $2.2B |
| Interest Income | $94M |
| Interest Expense | $260M |
| Other Income/Expenses | -$588M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $696M |
| EBIT | $1.9B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $753M |
| General & Administrative | $505M |
| SG&A Expenses | $1.3B |
| Other Expenses | $253M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $2.2B |
| Interest Income | $94M |
| Interest Expense | $260M |
| Other Income/Expenses | -$588M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $696M |
| EBIT | $1.9B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $696M |
| Stock-Based Compensation | $209M |
| Deferred Income Tax | -$199M |
| Other Non-Cash Items | $769M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$104M |
| Acquisitions (Net) | -$273M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$415M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$730M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$176M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $0 |
| Net Receivables | $4.4B |
| Inventory | $1.8B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $16.9B |
| PP&E (Net) | $5.4B |
| Goodwill | $8.3B |
| Intangible Assets | $19.4B |
| Long-Term Investments | $684M |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $39.5B |
| TOTAL ASSETS | $56.4B |
| Account Payables | $737M |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $22.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $709M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $25.0B |
| TOTAL LIABILITIES | $37.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.2B |
| Minority Interest | -$84M |
| TOTAL EQUITY | $19.1B |
| TOTAL LIABILITIES & EQUITY | $56.4B |
| Total Debt | $25.0B |
| Net Debt | $17.0B |
