| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.7B | $4.9B | 2.8% | -1.2% |
| Op. Income | $832M | $779M | $930M | 6.7% | -10.6% |
| Gross Margin | 34.8% | 35.8% | 36.1% | -1.0pp | -1.3pp |
| Net Margin | 12.0% | 11.8% | 13.7% | 0.1pp | -1.8pp |
| EPS (Diluted) | $1.03 | $0.98 | $1.14 | 5.1% | -9.6% |
| Free Cash Flow | $484M | $575M | $236M | -15.9% | 104.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $855M |
| Other Expenses | $2M |
| Operating Expenses | $857M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $832M |
| Interest Income | $0 |
| Interest Expense | $124M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $741M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $584M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $580M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $580M |
| D&A | $140M |
| EBIT | $834M |
| EBITDA | $973M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $855M |
| Other Expenses | $2M |
| Operating Expenses | $857M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $832M |
| Interest Income | $0 |
| Interest Expense | $124M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $741M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $584M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $580M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $580M |
| D&A | $140M |
| EBIT | $834M |
| EBITDA | $973M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $584M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | $624M |
| Capital Expenditure | -$140M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $238M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$338M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$429M |
| FREE CASH FLOW | $484M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $2.0B |
| Other Current Assets | $505M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $3.8B |
| Goodwill | $14.8B |
| Intangible Assets | $7.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $27.0B |
| TOTAL ASSETS | $31.8B |
| Account Payables | $3.8B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $15.0B |
| TOTAL LIABILITIES | $22.2B |
| Common Stock | $76M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $21.2B |
| Treasury Stock | -$10.6B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $251M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $31.8B |
| Total Debt | $13.3B |
| Net Debt | $12.9B |
